Property features

• Rare opportunity to own a well-established freehold chip shop that includes a 2-bedroom house with driveway access leading directly to the shop.
• Ideal opportunity for an owner occupier or investor alike
• Currently operating as a fish & chip shop with attached accommodation
• Spacious 2 bedroom property
• Business includes equipment and fixtures with an asset value of £20,800
• Lounge
• Family bathroom with separate WC
• Enclosed and private rear garden
• Driveway
• On street parking
• Current turnover: £71,300 annually (operating minimal hours weekly)
• Profit: £48,000 annually, making this a profitable, low-overhead business
• Conveniently located - a 5-mile catchment area for deliveries

Summary

Kingsland Estates are delighted to offer to the market this fantastic investment opportunity that currently operates as a fish and chip shop with attached accommodation, making it ideal for an owner-operator who can run a bustling business during the day and reside on-site after hours. However, there is considerable potential for conversion into two separate entities. This would involve maintaining the fish and chip shop on the ground floor, complete with a dedicated kitchen and prep area, and creating entirely separate accommodation upstairs, accessible via its own entrance at the back. This configuration would be highly appealing to investors, offering the opportunity to generate rental income from both the shop and the accommodation. With its tremendous potential, this property simply needs the right individual to unlock its possibilities. The business currently includes a kitchen/diner, store room, WC and shop area. It is operating on minimal hours and part-time staff (2 employees). The current turnover is £71,300 annually (operating minimal hours weekly), producing a profit of £48,000 annually, making this a profitable, low-overhead business. There is a significant opportunity to increase turnover by extending hours, introducing new menu items, or boosting the delivery service. There is immense potential to grow the business. The current owners have run it at a comfortable pace, and with longer hours, an enhanced menu, or targeted marketing, a new owner could easily scale operations. The current delivery radius of five miles offers further opportunity for increasing sales. Regarding the accommodation, originally a three bedroom semi-detached property, this has been reconfigured to comprise of a capacious lounge, a double bedroom, an office (second bedroom) and a family bathroom with a separate WC. This property is conveniently situated near many local amenities and transport links. It is less than 5 minutes away from the Town Centre, hospital, park, college and many more. For further information or to book a viewing, please contact a member of our sales team directly.

Details

Floor Plans