Overview
- Updated On:
- July 20, 2022
Description
Atlantis 1 Fish & Chip Shop
1020 Anlaby Road, Kinston-Upon-Hull, HU4 6AT
Offers Over £100,000 leasehold
Well established business, ‘Atlantis 1’ is a busy takeaway fish & chip shop with a two-bedroom flat above.
BULLET POINTS
– Busy leasehold takeaway
– Sales of £4,000 p/w
– Low rent
-Very profitable
– Two-bedroom flat
– Multiple revenue streams
– Superb Location
– Opportunity to develop
– On a parade of shops
– Three-pan fryer
SUMMARY
‘Atlantis 1 is a well-established fish & chip shop in a densely populated residential area, ideally located on a row of shops.
Established for over twenty years, a family business, there has been a fish & chip shop in this location for over 50 years
The is a two-bedroom flat above the fish shop, which can be rented out or used as owner accommodation.
LOCATION
‘Atlantis 1’ is in Anlaby, one of the suburbs in Hull, it is situated on a main road, with parking within a row of shops.
Kingston-Upon-Hull is a densely populated city on the banks of the Humber Estuary, it has a large marine and industrial history, it is now a thriving tourist destination, resulting in high employment levels.
DEVELOPMENT OPPORTUNITY
Atlantis 1 could be developed further by opening seven days a week, increasing the opening hours, adding new products and offering a delivery service.
CURRENT TRADING HOURS
Monday to Saturday – 11:30 to 13:30 & 16:00 to 20:00
FIXTURES AND FITTINGS
All fixtures and fittings not personal to our client are included in the sale.
The fish shop has an excellent triple range, one rumbler, one chipper, a six-ring oven and a walk-in fridge.
STAFF
Our clients do not work in the business, it is operated entirely by the team.
All staff are subject to TUPE.
TENURE
Atlantis 1 is available as a leasehold business; the rent is £13,500 per annum including the flat above, which can be rented separately for £600 pcm for additional income.
We have been advised that the landlord is willing to assign a new lease to the incoming party, for a term to be agreed.
CAR PARKING
There is free off street car parking to the front of the shop.
TRADING INFORMATION
Full accounts are available upon request.
Current trading figures provided by our client show a consistent trade of circa £4,000 per week, generating very healthy profits.
