Restaurant/cafe for sale in Adolfos Fish And Chip Bar, 58 Glen Moray Drive, Elgin IV30, £265,000

265,000.00

Offer Nr.:
64354167
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
ASG Commercial
Phone(s):
01463 357069

* Established fish and chip shop set in the middle of a growing residential area in Elgin.
* Well maintained premises with an enviable reputation.
* Perfectly equipped space for the type and level of trade.
* Ideal trading location with a net internal area of around 64m2.
* Benefits from free off street parking for customers.
**Description**
Adolfos Fish & Chip Bar is a well - respected and profitable business set within
the growing community of Elgin. Located within a growing residential area and
close to Elgin High school this is an extremely popular takeaway. The business
enjoys a huge level of repeat business from the local community.
The sale of Adolfos Fish & Chip Bar offers a rare opportunity to purchase an
extremely popular and well - established business which has potential for
further business development.
**Reason for sale**
After 24 years the current owners desire to retire that brings this
opportunity to the market.
**Trade**
The majority of the trade is derived from the sale of the well - respected
traditional chip shop menu. The business is fully equipped with high quality
deep fat fryers, microwave ovens and fryer units with hot display units. The
business has an epos system, which maximises efficiency facilitating the
effective turnaround of customers. The well - designed separate preparation
areas offer ample working surfaces with the added benefit of 2 potato
chippers, 2 peelers and a number of chest freezers nearby. The entire premises
are well kept and clean throughout.
The current business hours are:
Tuesday to Sunday - 16: 30 to 20: 00
Wednesday to Friday - 12: 00 to 14: 00
Monday - Closed (all day)
Tuesday - Closed (lunchtime)
There is undoubted scope to open longer hours, such as opening on Mondays and
extending current trading hours on other days. The establishment also has a
reassuring underlying recurring business as a result of the support of local
residents throughout the year.
The owners trade with the support of an extremely reliable small team of local
staff, who are each contracted for a variety of hours per week. Due to the
owners desire to limit his time within the business he has kept the menu
simple and increased his staffing to facilitate this. New owners would be able
to adjust this approach to suit their own work goals.
**Location**
The subjects are situated in a small shopping centre within a residential area
close to Elgin High School. The local planning plan allows for more houses to
be built locally. Elgin city centre contains a good mix of mainly ground floor
retail with residential or commercial usage on the upper floors. A range of
high street shops, small retailers, cafes, restaurants and leisure facilities
are on offer in the town. Between the town centre and the unit there is a
retail park, which provides a good range of shopping options. Much has been
done in recent years to regenerate the town whilst the High Street retains
many of its original buildings and cobbled streets.
Elgin is a lively and charming market town and is the administrative and
commercial capital of Moray with a population of around 21, 000. It is situated
approximately 36 miles east of Inverness and 64 miles west of Aberdeen with
good transport links via the A96 trunk route and rail links to Inverness and
Aberdeen and their respective airports. Elgin is also home to Moray College
uhi which provides a range of courses for around 10, 000 students.
Sedate outdoor pursuits such as bird watching and fishing also draw a great
many visitors to the area who take advantage of the abundance of wildlife in
the region. Moray is also famous for its castles and distilleries which
appeals to many tourists who can continue their journey through both the
Highland and Grampian regions.
**The property**
Adolfos Fish & Chip Bar has been on this site for around 45 years under two
separate ownerships. In both cases the shop has provided a successful business
and enjoyable lifestyle. The building is a typical 1970s brick building with a
flat roof. All elements of the building are fully maintained and in good
condition.
The front of the building has a useful area of wall above the glazed façade
upon which the current owner has placed prominent business signage. The corner
location makes it very visible to passing trade.
The building is around 64m² and has the following accommodation:
Fish and chip shop display and sales counter
Kitchen area
Customer waiting area
Staff toilet and separate washroom
A separate, sizable preparation area
Internal store area
External store (with separate door accessible from the rear of the building)
**grounds**
The business comes complete with a large jointly owned car park to the front
of the unit to accommodate customers who travel by car by providing free,
easily accessible parking.
There is also an additional jointly owned walled rear car park which allows
for deliveries to the rear of the building and also for staff to securely park
their cars.
**Services**
The property has mains electricity, mains gas, water and drainage. The
business is licensed under the fire regulations. CCTV is fitted throughout.
**Development opportunities**
This sale presents some opportunities to develop the current business such as:
Online representation/ordering
Food delivery service opportunity
Increase daily trading times
Opening on a Monday
Opening on Tuesday lunchtime
Increase daily trading times
Reduce staffing levels and therefore increasing profitability to suit new
owners goals

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