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Fish & Chip Shop in Newark, Leasehold+Accommodation, Huge Potential, 10k+ Weekly Sales

Newark on Trent, Nottinghamshire
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Leasehold with Accommodation Fish & Chip Shop with HUGE potential Photo 1
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Leasehold with Accommodation Fish & Chip Shop with HUGE potentialLeasehold with Accommodation Fish & Chip Shop with HUGE potential
  • Status

    FOR SALE

  • Date Submitted:

    16/11/22

  • Advert ID

    503852

  • Leasehold: £80,000 (Stock at valuation)
  • Rent: £18,000
  • Turnover: £360,000 (£6,923 Per week)
  • Net Profit: On request

Key Features

  • High Turnover
  • With Car Park
  • Fully Fitted
  • Incentives May Be Available
  • Accounts Available
  • Large Business for Sale
  • Prime Location
  • Close to Local Amenities
  • Established Business
  • Offers Invited
  • Adjacent to Multiple Retailers
  • Attractive Business

Business Details

Leasehold with Accommodation Fish & Chip Shop with HUGE potential

Available for quick sale :

Unbelievable Fish & Chip shop on the market with excellent turnover and has had in excess of 10 years trading over £10,000 per week (please contact the seller for further details)

Fitted with excellent equipment throughout, with no expense spared. Fish King in Newark is one of the most prominent takeaways in the town and still has massive potential for growth.

Limited To Fish, chips & kebabs. The shop is highly profitable, with healthy prices and a loyal customer base.

Shop History:

This stunning shop is simply a Golden opportunity for all genuine parties. Had been run by the owners for ten years and for the last 12 months, had been let out to a tenant with a great rental income. Due to unforeseen circumstances, the tenant had to close the shop and has since been reopened by the original owner operator and is achieving amazing turnover, considering it had been closed and has opened with no advertisement and is still achieving £8000 per week already.
No grille. No Sunday trading. Closed Monday - Thursday mornings.

Total trading hours only - 38 hours per week.

Accommodation:

Modern fitted extensive three-bed self-contained flat above the shop with kitchen, diner & living room all open plan. Has recently had new windows and carpets and is ready to move in.

Summary:

For anyone looking for a perfect investment opportunity, this is one not to be missed. All genuine enquiries are welcome and will be forwarded to the owners directly. Advertised for a genuine quick sale, and will be sold to the best offer.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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