King John Avenue, , Poole
For Sale : GBP 64950
Details
Property Type
Commercial Property
Description
Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • Recently Modernised • Established 2012 • Great Location • Free Customer Car park • No Direct Competition • Well Equipped • Fish & Chip Takeaway
Location: • Nearest Station: Branksome Station • Distance to Station: 2.8 miles
Agent Information: • Address: 343 Wimborne Road Bournemouth BH9 2AD
Full Description: **BUSINESS FOR SALE**FISH & CHIP TAKEAWAYAn immaculate Fish & Chip takeaway outlet enjoying a lucrative unopposed trading position with no direct competition. Comprising eye catching corner sited premises with substantial frontage, benefitting from free customer car park, the premises is particularly spacious, approaching 1,100 square feet, originally fitted out and equipped to a high standard at a cost in excess of £100,000, with no further major expenditure considered necessary. Configured to provide customer reception/serving area, frying area, preparation areas, storage, office and staff facilities. A popular business, serving a traditional fish & chip menu, operated at a level to suit the vendors, opening 4 evenings and 1 lunchtime, equating to only 14 hours of opening, offers considerable further opportunities to new owners through increased opening hours and additional menu lines for which there is already considerable demand. LOCATIONOccupying a lucrative and what is considered a valuable trading position, forming part of the local neighbourhood centre which also houses the local Co-op supermarket, pharmacy, and Barnardo’s retail outlet – there is no other takeaway outlet in direct competition. The local doctors surgery, community and youth centre, social club and NHS offices, can be found close by and the wider area is a popular residential housing community.AREABearwood is a suburb of Poole, a popular residential area, home to some 8,500 households with the proposed construction nearby of a further 600 houses. The area is served by major road networks and commuter routes such as the A31, A3049, and A341 providing access to Wimborne, Bournemouth and Poole – all within easy reach.PREMISESModern corner sited premises benefiting from an eye catching glazed return frontage, set under a canopy with bold signage. Presented and equipped to the highest of standards, the initial fit out costing in excess of £100,000. Aluminium framed glazed frontage incorporating customer entrance door opening to RECEPTION AREA, tiled floor, high ceiling with inset spot lighting and CCTV, provides customer seating, fitted with full width SERVERY COUNTER with storage under, complete with EPOS till, having 4 x menu screens above and glazed front drinks chiller. Behind is the open plan FRYING AREA, contains Kiremko 3 pan high efficiency island range incorporating griddle. The premises extend to the rear and into the spacious PREPARATION AREA, terrazzo flooring, high ceiling with inset LED lighting, fitted with work counter together with base and wall storage units. Contains a host of equipment, amongst the inventory, upright stainless steel ‘King’ fish fridge, stainless steel upright freezer, 3 door stainless steel refrigerated chef counter, chest freezer, stainless steel double upright chiller, chrome storage racking, 2 microwave ovens, twin countertop hot plate, toaster and kettle. Side WASH-UP AREA, fitted with counter, base storage units, stainless steel hand washbasin, double commercial sink unit with spray head, and dishwasher. Leading off is the STOREROOM, contains storage racking, inter-connects with OFFICE containing CCTV monitor. An inner hallway provides access to staff CLOAKROOM facilities shared with the neighbouring tenants of the retail unit. (None of the above appliances/systems have been tested and a purchaser must satisfy themselves as to the serviceability of these)BUSINESSEstablished by the vendors in 2012 when the premises was acquired as an empty unit - now offered for sale in order for vendors to pursue retirement. Serving a traditional Fish & Chip takeaway menu comprising a variety of fish, fish cakes, scampi, sausages, burgers, chicken portions, chips, a variety of accompaniments and soft drinks. The business enjoys a strong following from the surrounding residential community who provide regular trade with a boost from those working in the area, in particular on a Friday lunchtime from those working on nearby residential construction sites. There is ample scope to increase the menu lines and to add delivery trade, which is currently undertaken through Deliveroo.TRADING HOURSTo suit the lifestyle of the vendors the current trading hours amount to only 14 hours of opening each week. The business trades Wednesday to Saturday evenings 4.30pm through to 7.30pm and Friday lunchtime 11.30am through to 1.30pm, with considerable scope to open additional days and hours for which demand exists. The business closes approximately 4-5 weeks each year for annual holidays.STAFFOperated as a partnership by a husband and wife team, assisted by 3 part time members of staff, one of whom is able to undertake the frying when the owners take holiday.TAKINGSComprehensive accounting information stretching back many years is available to prospective purchasers. In respect of the financial year ended 5th of April 2023, Sales amounted to £124,048 ex Vat returning a Gross Profit of £68,643 and this coupled with the relatively low day to day overheads ensures a profitable business to owner operators. Current sales are in the region of £3,000 per week, when the business traded lounger hours weekly sales were in the region of £5,000 per week, and the vendors consider there is scope to achieve £6,000 per week.COMMENTSThe sale of Robinsons Fish & Chips provides an opportunity to acquire very smart well equipped modern takeaway premises enjoying a lucrative easily accessible unopposed trading position. Coupled with this is a thriving profitable business, despite the current low opening hours, offering new owner’s considerable further opportunities through additional menu lines and increased opening hours.TENURECurrently on a 15 year renewable Lease which commenced in 2012 at a rent level of £14,500 + Vat per annum subject to 5 yearly rent reviews. We have been advised that the Landlord would be open to the negotiation of a new lease simultaneous with any purchase.RATESWe have been advised the amount payable is currently Nil.PRICE£64,950 for the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment (according to inventory) plus stock at valuation. AGENTS NOTE: Under the Property Misdescriptions Act 1991, these details are a guide and act as information only. All details are given in good faith and are believed to be correct at time of printing. Adams Property Agents give no representation as to their accuracy and potential purchasers or tenants must satisfy themselves by inspection or otherwise as to their correctness. No employee of Adams Property Agents has authority to make or give any representation or warranty in relation to this property. Interested parties should satisfy themselves, by inspection or otherwise as to the accuracy of the description given and any floor plans shown in these property details. All measurements, distances and areas listed are approximate. Fixtures, fittings and other items are NOT included unless specified in these details. Please note that any services, heating systems, or appliances have not been tested and no warranty can be given or implied as to their working order.BrochuresProperty BrochureEnergy Performance CertificatesEnergy EfficiencyEnvironment Impact
Location
Address
King John Avenue, , Poole
Features And Finishes
Recently Modernised, Established 2012, Great Location, Free Customer Car park, No Direct Competition, Well Equipped, Fish & Chip Takeaway
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Real Estate Broker
Adams Property Agents, Bournemouth
Brokerage
Adams Property Agents, Bournemouth
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