Byron Road

An excellent opportunity to acquire a well-established 5* rated fish and chip shop, located in Chelmsford, Essex. This thriving business is situated in a prime location with consistent footfall, surrounded by a residential catchment area. The shop operates successfully with a stable weekly turnover, presenting an ideal prospect for owner-operators or entrepreneurs looking to enter the food takeaway industry.

Key Features:
Excellent location in a busy residential area
Impressive online ratings (Google 4.8*, TripAdvisor 5*)
Fully equipped and ready to trade
Huge potential for growth, including expanding menu options or introducing 7-day a week trading & deliveries

Location

The property is situated in a prominent location on Byron Road in Chelmsford, Essex, benefiting from strong footfall and vehicular traffic. The shop is surrounded by residential neighborhoods and local amenities, making it an ideal spot for a takeaway business. We are advised that there is current and planned residential developments within the immediate area which should add to the catchment.

Premises

An end of terrace lock up shop with glazed frontage and glazed entrance door leading to the premises which measures approximately 539 Sq. ft. and is arranged as follows: MAIN TAKEWAY / SERVING AREA with tiled serving counter, 3 pan fryer with heated display above, chilled drinks cabinet, bench style customer seating area, tiled floor and walls PREP AREA / KITCHEN with stainless steel commercial 7 burner gas cooker, stainless steel 2 pot bain marie, stainless steel prep table, commercial extraction hood, 2x fridges, double stainless steel sink unit with drainer REAR AREA with commercial potato peeler, commercial potato chipper, 2x chest freezers, WC with low level wc and wash hand basin.

Opening Hours

Monday Closed Tuesday - 11:30 AM–2 PM, 4:30–9:30 PM Wednesday - 11:30 AM–2 PM, 4:30–9:30 PM Thursday - 11:30 AM–2 PM, 4:30–9:30 PM Friday - 11:30 AM–2 PM, 4:30–9:30 PM Saturday - 11:30 AM–2 PM, 4:30–9:30 PM Sunday Closed

Staff

The business is run by 2 owner operators on a full time basis

Turnover

We are advised the turnover averages £3,000 - £4,000 per week working to the usual high gross profit margins associated with the trade.

Tenure

We are advised the lock-up-shop has approx. 8 years remaining on the lease at a rental of £7,000 per annum. We are further advised that the rent review is currently in negotiation and the new rental is expected to be IRO £8,000 per annum.

Business Rates

The premises is subject to a rateable value of £6,300 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction, with the landlords legal costs to be split 50/50.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.