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Established And Reputable Chip Shop In Derby For Sale

Derby, Derbyshire
Asking Price:
£69,999
Sales Revenue:
£110,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market The Friar Way in Borrowash Derbyshire.

The business has been operated by the current vendor for over seven years.

In this time, it has built up an enviable reputation for quality and service within the surrounding area and beyond and which, due to family commitments, this truly rare and exciting opportunity has now become available.

The business sells a delicious range of Fish & Chip shop favourites along with kebabs, burgers, pies & pizzas.

The business presents an excellent opportunity to take this already established site to the next level with the opportunity being attractive to either an established operator looking for an additional site or an individual or partnership looking for an exciting new venture with the added benefit of three-bedroom accommodation with separate access.

A new owner would be able to put their own spin on the site and develop and grow the existing core business by extending the currently limited opening hours, tweaking the food offering and introducing a delivery service.

The site has the benefit of being in first class condition.

There is a modern Florigo 3 x Pan Range with electronic control and filtration plus Bold chipper and peeler machines.

The current vendor has maintained the site to a very high standard which will be of great benefit to the new owner.

The site also benefits from three-bedroom accommodation over two floors which is currently let out on a short-term tenancy agreement.

The accommodation benefits from a separate entrance to the front and rear of the property with an enclosed rear garden with supplier access.

A turn key business opportunity with family accommodation not to be missed with very sensible in-going and running costs.

Location
Situated just off the A52 in the sought-after Borrowash area of Derbyshire.

The site is just a short drive from the M1, Junction 25 and is easily accessible on foot and by all modes of transport.

The site is located next to a large convenience store and is surrounded by residential dwellings with ample parking to the front.

Premises
Ground floor trading premises with additional residential accommodation over two floors.

Ground Floor:
• Service counter with Florigo 3 x pan range including electronic control and filtration systems,

• Bold Chipper and Peeler machines,

• 4 pot hot food storage unit,

• Pizza Oven,

• Microwave,

• Fridges & Freezers,

• Stainless steel worktops and storage units,

• Kebab Spit with extractor over,

• CCTV,

• EPOS till system,

• Just eat booking and online payment facility.

Rear storage and chipper room, ground floor WC with access out to the enclosed rear garden.

Residential accommodation to include Kitchen and Living room on the ground floor to the rear of the site with 3 x bedroom accommodation and Bathroom to the first floor, the accommodation can be accessed from the front and rear of the property.

Enclosed rear garden with delivery service access to the rear of the site.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £10,800 per annum with 3 years remaining on the current 10 Year lease.

Hours
The opening hours are currently:
Monday – Closed

Tuesday – Saturday - 12.00pm to 2.00pm & 4.00pm to 9.00pm

Sunday - Closed

Staff
The business is run and managed by the current vendor with the assistance of 4 x part time staff

Financial Profile
We are advised the business is currently turning over in the region of £110,000 per annum trading very limited hours.

There are currently no rates payable.

The residential accommodation is currently let out on an Assured Shorthold Tenancy generating an additional £4,000 per annum

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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