Terraced house for sale in Newport NP19, 4 Bedroom

Reference - 46458

Description
This is an excellent opportunity to purchase a well established fish and chip shop, which was previously a chinese takeaway.

Lotus Fish Bar occupies a prominent trading position within a densely populated residential area with ample parking facilities close at hand, attracting high levels of both regular, repeat and passing trade throughout the day.

Having successfully operated by our client since 1980, this well known business has established an enviable reputation and subsequently boasts an extensive and loyal customer base.

The business is fitted to a good standard with an extensive range of good quality, valuable catering equipment, which has been regularly serviced and well maintained.

Lotus Fish Bar was a successful and extremely lucrative business, however our client, who now wishes to retire, only trades the business 30 hours a week and closes on a Sunday, therefore there is genuine scope for future growth.

The business represents an excellent investment for an ambitious family who can commence with several areas of growth for the business.

To fully appreciate this business opportunity, a viewing is highly recommended to avoid disappointment.

Sales
Currently shop sales average £950 per week.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Saturday
11:45 – 14:00
17:00 – 20:00

Sunday
Closed

Staff
Lotus Fish Bar is managed by the owners.

Building External
The single fronted mid terraced property offers a deceptively spacious ground floor business space and first and second floor self-contained living accommodation.

Building Internal
The fully tiled sales area is light and airy, housing two one pan gas counter ranges, with hot displays.

To the rear of the property there is a well fitted preparation kitchen, with a 5 pan chinese range and a selection of good quality catering equipment.

Residential Accommodation
The self-contained private living accommodation comprises of a first floor lounge, double bedroom, bathroom and a utility room.

The second floor has three double bedrooms.

To the rear of the property is an enclosed rear yard.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to acquire a great business opportunity, with a large 4 bedroom family home. To avoid disappointment, a viewing is strongly recommended.