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Restaurant/cafe for sale

£60,000

Leeds LS10, UK

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Property description

Ref 5657 – Leasehold Fish & Chip Shop

Blacks Brokers are proud to bring to the market this leasehold fish and chip shop located in the much sought after area of Leeds, West Yorkshire.


Introduction


Belle Isle Fisheries has been trading on Belle Isle Parade for over 50 years with our client in ownership since 2015. During that impressive trading history, the business has firmly established itself within the local community and gained a large and loyal customer base with exceptional reputation.


Location


Belle Isle, Leeds, is a popular and densely populated area with many other businesses, shops and eateries. Belle Isle Parade is central to this area, offers parking, local custom and much passing trade. The area is well linked with the M621 and M1.


Reason for sale


Belle Isle Fisheries is only being offered for sale due to ill health


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 3 years. The current lease began in 2015 at a cost £550 per calendar month.


Building layout and design


Belle Isle Fisheries is housed within a large, two storey, double fronted retail unit positioned on a busy parade of shops. The business branding is well displayed on strong signage above the glazed frontage. Inside, the shop is well presented with stainless steel counter area and servery. Menu boards are displayed behind the counter and the shop has tiled flooring throughout. The business has a traditional fish and chip shop feel. To the rear of the unit are two further food preparation rooms and a storeroom. On the first floor is a spacious, two bedroom accommodation comprising of two bedrooms, living room, fitted kitchen and family bathroom. The accommodation is very well presented with tasteful décor throughout. A full inventory is available on request.


Staff


Belle Isle Fisheries is currently operating with five part-time members of staff in employment in addition to our client.


Financial details


Financial details are available upon a viewing of the business and Belle Isle Fisheries has traded solidly over its trading history. The business generates weekly takings of £3,000 with excellent 70% gross profits. Most repeat customers are from the local area as one would expect, with additional custom from passers-by.


Summary


Belle Isle Fisheries brings a superb opportunity for a new owner to acquire this long-standing business with large customer base and reputation very well established. There is plenty of scope to develop the business further with longer opening hours and days, an online presence and partnerships with websites such as JustEat and HungryHouse. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised and are welcomed by appointment only. Business: £60,000.

Please quote ref: 5657

What Zoopla users think of Leeds

Overall rating:

  • currently 4 stars
Very good - 79% (418 ratings)

Ratings breakdown:

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Nearby transport

  • Leeds (2.1 miles)
  • Cottingley (2.4 miles)
  • Morley (2.7 miles)
  • Leeds Bradford International Airport (8.7 miles)
  • Robin Hood Airport (29.5 miles)
  • Manchester International Airport (41.8 miles)
  • Hull Ferry Terminal (51.4 miles)
  • Transporter Bridge South Side (57.9 miles)
  • Transporter Bridge North Side (58.0 miles)

Nearby schools

View all schools in Leeds
  • Windmill Primary School (0.3 miles)
  • Hunslet Carr Primary School (0.5 miles)
  • Hunslet St Mary's Church of England Primary School (0.8 miles)
  • University Technical College Leeds (1.6 miles)
  • Elliott Hudson College (1.8 miles)
  • Leeds College of Building (2.6 miles)
  • South Leeds Academy (0.3 miles)
  • Broomfield South SILC (0.7 miles)
  • Cockburn School (1.2 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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