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High-Performing, Renovated Fish & Chip Takeaway in Highbridge Somerset with Accommodation and Car Park for Sale

Highbridge, Somerset
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FISH & CHIP TAKEAWAYFISH & CHIP TAKEAWAYFISH & CHIP TAKEAWAYFISH & CHIP TAKEAWAYFISH & CHIP TAKEAWAY
  • Status

    FOR SALE

  • Date Submitted:

    02/02/24

  • Advert ID

    606166

  • Reference

    CF035830X / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £695,000
  • Leasehold: £325,000
  • Turnover: £592,242 (£11,389 Per week)
  • Net Profit: Not Applicable

Business Details

FISH & CHIP TAKEAWAY



Top performing FISH & CHIP TAKEAWAY, averaging £14,500 - £15,500 per week, the subject of recent investment approaching £200,000 ensuring no expenditure required. Situated within popular and expanding NORTH WEST SOMERSET TOWN, bordering the coast and Somerset Levels, occupying lucrative high profile main road trading position, surrounded by residential areas with large new residential developments taking place close by from which benefits are anticipated.

Deceptive property occupying large site, includes very valuable car park offering some 17 car parking spaces. Totally refurbished from top to bottom and fitted out using top equipment in recent years with no expense spared. Provide customer reception area, servery, frying area complete with 4 pan Kiremko island range, kitchen/wash-up area, fish room, potato room, storage area with walk in freezer, and cloakroom. Benefits from 2 modern self-contained flats – 1 x 1 bed, and 1 x 2 bed, also presented to high standard with all legislation met.

A renowned destination business with own recipes, under current ownership in excess of 20 years, not seasonal, enjoying all year round local trade, only offered for sale to pursue retirement. Sales 2023 £592,242 ex Vat, Gross Profit £342,035, serving traditional menu with no deliveries. Mostly staff run, excellent staffing structure in place, on average the vendor works 1 day per week, still proves highly profitable with Net Profits in the region of £100,000, scope to be considerably higher thorough more day to owner involvement if desired.

Freehold £695,000 sav OR Leasehold £365,000 sav Ref: CF35830X

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813952.

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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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The data showed regarding this advert 'FISH & CHIP TAKEAWAY - CF035830X / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.