Reference - 45501
Description
This is a unique opportunity to acquire a centre of town traditional fish and chip shop, with owners accommodation and a plot of land for development with planning permission all in one package. Located in Bristol the business enjoys a local trade as well as passing trade and its prime location insures a high level of foot fall through out the day and night.
The business is a traditional fish and chip shop that offers its customers a traditional range of freshly cooked fish and chips, rosti chicken, burgers and soft drinks.
The businesses has been established at this location for over 100 years and the current vendor has owned the business for 2 years.
The terraced two storey property is nicely presented in a retail area as well as the owners accommodation. The range is a Henry Nuttall 3 pan which is approximately 25 years old but in excellent condition and undertakes an annual service.
There is also scope in the business for a diversity for Chinese food or as an Indian takeaway or to extend the hours and days of opening. This unique business has only been offered to market due to the owners change in direction and wanting to move to London. The interesting point is that the planning permission and land could be purchased separately by a developer.
Sales
2016 show a turnover of £71,000 and growing
Accounts
As the vendors hold both title deeds they are prepared to split the sale and offer the following options
option 1: The full package, Both freeholds and the business oiro 390,000
option 2: The land only with planning approval for 3 bed dwelling oiro 95,000
option 3: Property and business without the land oiro 295,000
Trading Hours
Tuesday to Friday 11h45 to 13h30 and 17h30 to 21h00
Saturday 11h30 to 14h00 and 17h15 to 21h00
Sunday and Monday Closed
Staff
Run totally by the vendors with help from family members
Building External
The business occupies the majority of the ground floor of a typical 1920’s 2 storey terrace property built of traditional brick and render. The property is situated on a main road with a variety of local on street parking. To the rear of the property is a large garden area and plot of land. The plot is available separately or is included in the price above. It has planning permission granted 2 years ago for a separate detached 3 bedroom 2 storey house.
Building Internal
The trading areas comprise of a single shop front constructed from aluminium which leads into the main serving area, this area being separated from the staff serving area by a fully stainless steel counter spanning the full width of the shop. To the rhs is the drinks chiller, to the left hand side is the rosti roaster for cooking the chickens. The front of the counter area is tiled and the floor is non slip.
Beyond the staff serving area is a Henry Nuttall 3 pan fryer, aprox 25 years old but annually serviced and in immaculate condition. Behind the range is a griddle, bain-marie and another small prep area and 2 fridges.
A corridor leads to another long prep room complete with sink and a fish keep plus another fridge. There is an external doorway at the end of the corridor to the rear yard. Beyond the corridor is a doorway into the main chipping room, With a wet-room floor and housing the chipper and rumbler. Access from here is also provided to the exterior rear garden. Beyond the wet-room is a potato store and additional storage for fridges and freezers. From the yard there is access to an outside storage shed and a garage with additional freezers.
Residential
The residential accommodation is split over 2 floors and is directly accessed from the rear of the property. A shared access exists between the trade and domestic areas but not currently utilised.
A set of French patio doors lead into a large porch area followed by a separate doorway into the vendors private Kitchen/Dining room. Basically fitted with a range of base units it is long and practical, however some modernisation may be required. At the end of the kitchen the room opens up into the main dining area. A staircase leads to the main living accommodation to the first floor.
The first floor opens up into a large owners lounge with a rear facing aspect. At the top of the stairs on the lhs leads to the 3 double bedrooms which 2 have a front aspect, One bedroom has artificial lighting and no window.
From the far side of the lounge is the family bathroom which is fully tiled. Incorporating a 3 piece white suite and incorporating a pressure fed shower over the bath.
Within the property there are ample storage cupboards. The property is alarmed and the shop and external areas are covered by CCTV.
Additional Land
The property has a large rear garden that opens up beyond the width of the property itself. Accessed from the rear by a large gate.
We are advised by the vendors that there is planning permission to develop part of this land into a 3 bedroom dwelling on 2 floors, however there would have to be a shared access driveway.
This land is held upon a separate title deed and is included in the sale above. The vendors will look at selling this separately from the business, see below for options.
Tenure
The shop and residential accommodation is freehold and held upon 1 title deed. The land available to build and develop is held upon a separate title deed. Previously it was all one but the vendors have separated out into 2 title deeds
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Sale Options
As the vendors hold both title deeds they are prepared to split the sale and offer the following options
option 1: The full package, Both freeholds and the business oiro 390,000
option 2: The land only with planning approval for 3 bed dwelling oiro 95,000
option 3: Property and business without the land oiro 295,000
Summary
An ideal opportunity to both developers and owners, with a whole host of options to purchase. The vendors are flexible and it is possible one buyer buys the business and house and another buys just the land. Ideal for also the first time Fish and Chips shop owner and diversity exists for Chinese or Indian takeaway too.
Interest due to the options is expected to be high, therefore early viewings are recommended to fully appreciate what is on offer here
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