Restaurant for sale in Suffolk, Suffolk NR1, £215,000

215,000.00

Offer Nr.:
66705826
Type of ad:
for Sale
Property type:
Restaurant
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

A delightful freehold family run traditional fish and chip shop located in
Suffolk, which has been established since the early 70's and ran by the
current owners since 1999 - some 25 years! This is a genuine retirement sale
and presents a rare opportunity to acquire this well regarded fish and chip
shop.
This is a confidential sale at our clients request - therefore we kindly ask
that you complete a short online non - disclosure form for their review before
we can release further information on the business, which includes the exact
location.
**The business**
Located in a densely populated residential area in a busy parade of shops,
this family run business is well regarded and just outside of the local town
centre.
Serving delicious fish and chips, burgers, pies, sausages, chicken nuggets,
various other popular dishes and the expected sundries, there is also a good
selection of ice cold drinks on offer. Customers can enjoy the convenience of
collection/takeaway or delivery, and there is also the option to order online
via Just Eat/Foodhub or by telephone. They also cater for children’s parties,
weddings and events adding further income streams to the business - this is
something that could possibly be expanded on by a new owner.
With a 5 Star food hygiene rating and ample free parking next to the business,
it is easy to see why it is popular with customers and has endured the test of
time.
As the owners are approaching retirement, the decision was made to only open
for 18 hours per week to suit the vendors lifestyle. The opening hours could
be increased for a new owner to further maximise turnover and there is little
limit to the hours that could be traded.
**Premises**
The premises was purpose built as a fish and chip shop and was purchased from
the local council some 25 years ago.
The main fish and chip shop features a 3 pan Blackburn range (economical) with
serving counter, 2 microwaves, Casio till, large drinks refrigerator and
freezer. The tiled flooring leads to partly PVC style wall coverings with
complementary tiling and paintwork. There is completely enclosed ducting and
fan extraction, a wall mounted insect zapper and a small sink with water
heater.
Moving onto the preparation area, you will find 2 large fridge freezers,
double sided stainless steel sink and drainer, water heater, chipper, 2 potato
rumblers, extra large potato bin and 3 small ones, preparation counter,
filleting board and various utensils. This leads through to a lobby/cloakroom.
There is a separate w. c with hand - wash basin and water heater.
Externally you will find an external storage room of good size for potato
storage, 2 further large freezers and shelving.
** _additional information_**
**agents note: ** This is a business for sale as a going concern, not an empty
premises for sale or let.
**Confidential sale: ** This listing is confidential at the vendor's request.
In order to release further information on the business – including the
business name, location and the accounts, we require you to complete a short
online non - disclosure form. Please contact our office and we will provide full
instructions and assist where required. We have used our office postcode for
this listing to protect the confidentiality of the business name and location,
as online platforms require a valid postcode to market a business or premises.
**Reference number: ** CF35957E.
**Opening hours: ** Tuesday to Thursday and Saturday, 4: 30pm to 7: 00pm. Friday
4: 30pm to 8: 00pm. Closed on Sunday and Monday.
**Tenure: ** Freehold.
**Rates payable: ** Nil. We are advised that the business benefits from Small
Business Rate Relief.
Water and sewage rates £700 per annum.
This information has been provided to us by the vendor and any interested
party is advised to enquire of the local authority to check the position with
regards to business rates that will apply to a new owner.
**Staff: ** 5 part - time staff comprising the vendor, 2 family members, a
delivery driver and prep. Person.
**EPC: ** Where applicable the Energy Performance Certificate is available on
request.
**Price: ** £215, 000 + Stock at Valuation (current estimate £1, 000).
For the benefit of the freehold, goodwill of the business, fixtures, fittings
and equipment. Stock payable in addition on completion at valuation. This is a
business for sale as a going concern.
**Viewing: ** Strictly by appointment only, please get in touch to make an
appointment.
**Finance: ** We may be able to help you with business financing or your
commercial mortgage needs, subject to eligibility. Please let us know if you
need our assistance with this and we will put you in touch with our
recommended whole of market broker.
**Business to sell: ** Thinking of selling your business? That's our business!
If you are interested in finding out how much your business is worth, we offer
a free and confidential valuation service. You can choose the time and day
that suits you best, and we will give you an honest and professional
assessment. Please contact our office at your convenience to book an
appointment.
**Premier marketing: ** We are passionate about showcasing our businesses in a
way that sets us apart from others. We provide quality property details and
comprehensive information on all online platforms and our own website. If you
want your business to stand out from the crowd, call us to book a free
valuation.
** _disclaimer_**
**1\. Money Laundering Regulations: ** Intending purchasers will be asked to
produce identification documentation at a later stage and we would ask for
your co - operation in order that there will be no delay in agreeing the sale.
**2\. General: ** While we endeavour to make our sales particulars fair,
accurate and reliable, they are only a general guide to the property and,
accordingly, if there is any point which is of particular importance to you,
please contact the office and we will be pleased to check the position for
you, especially if you are contemplating travelling some distance to view the
property.
**3\. Measurements: ** These approximate room sizes are only intended as
general guidance. You must verify the dimensions carefully before ordering
carpets, flooring or any built - in furniture.
**4\. Services: ** Please note we have not tested the services or any of the
equipment or appliances in this property, accordingly we strongly advise
prospective buyers to commission their own survey or service reports before
finalising their offer to purchase.

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