Longstanding Fish and Chips Shop in Scenic Silloth, Cumbria Now Available for Sale
Silloth, Cumbria
- Status
FOR SALE
- Date Submitted:
01/02/24
- Advert ID
606092
- Freehold: £235,000
- Leasehold: £55,000
- Rent: £14,000
- Turnover: £250,000 (£4,808 Per week)
- Net Profit: On request
Key Features
- Currently Closed
Business Details
Established Fish and Chips shop for sale in Cumbria with additional space
This longstanding Fish and Chips shop, situated in the scenic locale of Silloth, Cumbria, is currently on the market. This business holds a rich history of serving both locals and tourists for an impressive 37 years.
Currently not trading due to staffing issues and conflicting commitments, the business showed a strong performance in previous years with a turnover of £250,000. This revenue came solely from counter sales and pick-ups, as no delivery service was utilised, indicating a promising area for future expansion.
The shop's location in a high-traffic tourist zone benefits from an influx of approximately 60,000 visitors each summer. Moreover, the close proximity to a caravan park with a flourishing community of 8,000 residents further supplements potential customer base.
Priced at £235,000 for the freehold, there is also an option to secure it on a leasehold purchase for £55,000. The sale includes all existing fixtures and fittings, enabling the continuation of the Fish and Chips business with minimal disruption. The shop also boasts a license for day-time trading stretching up to midnight, accommodating a sizeable operational window.
For a comprehensive overview and additional details about this business opportunity, please don't hesitate to get in touch.
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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.
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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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