FOR SALE – Fish & Chips Business As A Going Concern, Lancaster
Black's Fish & Chips, 159 High Road, Lancaster, Lancashire
Guide Price £ 85,000
Category: Business as Going Concern
Property Overview
Location
Halton is a village situated a short drive to the East of Lancaster ideally positioned for access to the M6 motorway network. A true village encompassing recent housing developments, Halton boasts a number of shops including this well known fish & chips business, convenience store, butchers, doctor’s surgery, school and parish church. A village skatepark and adventure playground provide a hub for the local children. Situated on the River Lune there are various picturesque walks available from Halton.
Description
A well established leasehold traditional fish & chips shop trading as Black’s Finest Quality Fish & Chips. Trading on the High Road since 2012 there has been a similar business in this location since 1998. Our client has worked hard to build a reputation for excellent quality and friendly service. The shop has received several accolades including winning first place in their category at the 2019 National Fish & Chip Awards, making the finals of the 2017 Fish & Chip Awards, and regularly achieving the NFFF Quality Award standard. In 2018 & 2016 the shop was named the best chippy in the Lancaster & Morecambe area. Black’s Finest Fish and Chips has a strong social media presence with over 1000 Facebook followers and over 300 following on twitter.
Accommodation
Double fronted Lock up shop with accommodation arranged all on the ground floor.
Sales Shop
Approached from the front entrance. Impressive Mallinsons 3 range gas fryer with adjoining serving counter. Illuminated head up display above from 3 screens showing menu offerings. Rear serving stand for extra sundries. Tiled flooring.
Preparation Area
Spacious preparation area with tall fridge, tall freezer, useful extra counter areas, microwaves and tiled flooring.
Further Preparation Area
Double bowl sink unit. Main Medway gas multipoint water heater. Additional counter area. Tiled flooring.
Store Area
Walk through store area, tiled flooring.
Cloakroom/w.c.
Wash basin, toilet, tiled flooring.
External Garage
Sectional garage offering useful extra storage and additional freezer.
Storage & Preparation
Ample storage and preparation areas for the smooth running of the business. Storage in various places within the shop part plus the extensive basement area below the shop. External garage as well providing extra storage space. Great preparation areas.
The chips are sourced prepared so no need for a chipper or rumbler saving space in the building.
Business
Well established and respected Fish & Chip business with a strong following being sold as a going concern. Ideal lifestyle purchase with a loyal regular trade in an expanding village due to new housing developments. Proved very successful through Covid as the only chip shop in the village, so the business is at the heart of the local community. A solid trading platform for a new owner to maintain and build on. Great scope to introduce new lines if the new owner wants to expand the business further.
Financial Details
Currently the business is trading strongly. Accounts can be made available for inspection.
Staff
Our client operates the business on a part time basis, supported by 3 additional members of staff including a full time fish fryer. All the staff have contracts of employment and provide continuity to the customers ensuring a smooth handover.
Lease Terms
Currently leased at a passing rent of £9,000 per annum with approx 4 years remaining on the current lease. As an alternative the landlord would consider a brand new 10 year lease at a rent of £900 per calendar month for the first 5 years.
Reason For Sale
This opportunity has become available due to our clients’ other business interests and therefore the business has been placed on the open market at this keen price point.
NOW REDUCED PRICE TO SELL.
Services
All mains services available.
Rateable Value
£4,200
Summary
This is a most efficiently run business that has been consistently winning awards since opening its doors in June 2012. Its reputation online is second to none and as the only chip shop in the village, the business is at the heart of the local community. Our client has not expanded the business further because there is more than enough business to cope with as it is. For anyone new taking over there is scope to expand the business more by offering extra lines and opening longer hours. The village itself is expanding with new housing developments offering greater business potential.
The business does not actively advertise at this time as all marketing is done through social media. Facebook and Instagram accounts along with other platforms will be transferred to the new owners on successful completion of the sale.
Viewing essential and very strongly recommended.
THIS IS A GENUINE BUSINESS AND A GENUINE REASON FOR SALE.
Viewing Arrangements
Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: [email protected]