Profitable Freehold Fish & Chip Shop in Morpeth For Sale Morpeth, Northumberland, United Kingdom Advert ref: FC218NE Business description
Lakey & Co are delighted to offer For Sale this busy and well known Fish & Chip shop in Morpeth Town Centre. This business is situated in a busy and prominent location and the premises are presented in good order also benefiting from self contained 1 bedroom accommodation to the first floor. Currently taking around £3,000 - £4,000 per week, this business presents an ideal opportunity for an existing operator to further expand their portfolio or as a first venture with accommodation.
Trading hours: Sunday – Thursday: 11.00am-10.00pm
Property: Freehold
Lease terms
We are informed that the premises are freehold with business rates payable of £4,000 per annum.
Living accomodation
First floor accommodation comprising Lounge, Kitchen, Double Bedroom & Bathroom.
Location
This Fish & Chip business benefits from a prominent town centre location, with good access and visibility. It is surrounded by both multiple and independent outlets and also benefits from good public transport links and ample parking in the near vicinity.
Competition / Market
The business operates comfortably with a healthy degree of local competition and benefits from the high footfall generated by these complimentary outlets.
Reasons for selling
The business is being sold to enable our clients to concentrate on their other business ventures.
Financing available
This business opportunity should support finance-subject to status. Please contact Lakey & Co who can put you in touch with impartial and independent commercial finance brokers.
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| | Financial details Asking price: £349,950
Sales revenue: £200,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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