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Successful Fish and Chip Shop for sale in Shrewsbury, Ludlow & Surrounding

Shrewsbury, Ludlow & Surrounding, Shropshire

Asking Price Open to offers
Turnover £140,000

Business overview

Long time established lease for sale lockup ,separate flat if needed.Reposesed due to bad tennant lots of potential

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

There has been a chippy on this site, as far as i know since the 1970s, from then until now its had only 4 different owners. I purchase the shop in 2013. This is an award winning shop, the only fish and chip shop in the village.

The reasons for sale: due to continous expansion of other business ventures I could no longer be there to do it justice. Hence the short term lease agreement to rent and then buy, with the currently repossessed tenant. Due to his bad management and failure to honor his contract we have now taken back control.

The premises is fully equipt with a 3 pan middleton range which is fully serviced; crypto chipper (virtually new), peeler, double kebab machine, stainless steel canopy, 6 pot water bainmarie, 4 chest freezers in good condition, 6 draws stainless steel fish fridge, 2 normal fridges, stainless steel shelving, southern fried chicken machine, various other equipment and utensils

Opening hours are: monday - saturday 12pm-2pm, 4.30pm-10pm closed on sunday. Currently the shop can be run with 2 or 3 people. On sale there will be no staff included.

Business is gained through word of mouth and some advertising online and in local papers, the online presences needs to be expanded (eg Facebook). Business can be developed by adding pizza, doing delivery, addind benches to outside decking for summer tourists. The business does benefit from tourists such as caravaners, walkers/hikers for which the area is very popular.

Previous to repossession the shop taking on average £5k per week, currently due to the bad management its' down to £2.5K pw. I'm confindent that with good management it will go back up to the original takings, so the potential is there.

- Long time established award winning shop
- The only fish and chip shop in the village
- The shop is a lock up separate flat is available if required.
The price is set to reflect current takings.

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