Owner run, town centre location, No business Rates, Strong turnover.
Close to the sea front and main line train station.
Modern 4 pan range.
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Description Minnis Bay Fish & Chips is a well-established traditional fish and chip shop, located in the popular seaside town of Birchington, which is approximately 4 miles west of Margate on the Kent coast.
The business is situated on the main high street which has a mix of independent and national retailers, plus transport facilities such as Birchington on Sea mainline train station. The station is less than a quarter of a mile away and links London Victoria which brings a vast number of tourists to the area.
Whilst the business has only been run under the current ownership since 2016, it has built up an excellent reputation for providing high quality food for both the take away service and those choosing to eat in, although frying times are limited to approximately 47 hours per week, Tuesday to Saturday through personal choice. In our opinion any new owner could open 7 days a week with Sunday being potentially the busiest day of the week in peak season. There is also potential to open early for breakfast throughout the year. There is also a high demand for gluten free and vegan options in the area which are currently not catered for.
We have been advised that the majority of the income generated comes from the take away aspect of the business, although it does benefit from a 26-cover restaurant which is in good order with traditional tables and chairs which offer flexible seating arrangement. Outside seating for 6 covers is available subject to weather conditions.
Accounts We have been advised that the business generates an income of £220,000 on current trading hours. Figures are available on request.
Trading Hours Tuesday to Saturday 11:30 to 21:00
Sunday & Monday Closed
Staff The business is run by the owner along with part time members of staff.
Building External Spacious shop premises operating from the ground floor of a detached two storey property with excellent road side signage and external seating and customer parking.
The main high street car park close by offers ample car parking, making it ideal for not only regular trade but also those passing by.
Building Internal The premises has a light and airy customer area which is presented to a good standard throughout, given the refurbishment in 2016 under the current ownership and provides a welcoming feel when entering from the street.
The main serving area has a modern, four pan fully automatic Kiremko fryer which has been well maintained, a single till serving counter with stainless work top, tiled flooring, ladies and gents bathroom and seating area for approximately 26 covers.
Ancillary Areas There prep and store areas are to the rear of the property and again presented in good condition as part of the refurbishment.
The business has a number of stainless work tops along with commercial fridges and freezers which are all included within the sale price.
Residential Accommodation There is no accommodation for owners or staff.
Tenure We are advised that the property is held on a 15 year lease which commenced in 2016. The annual rent is £15,000 exclusive (correct as advised on 07.08.18). Rent reviews are at 5 yearly intervals.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary This is an ideal opportunity for an energetic and hands on owner to acquire this well used traditional fish and chip shop, situated in a popular Kent coastal location who can take this business to the next level, and build upon the already excellent reputation gained under the current ownership.
A viewing is highly recommended to fully appreciate the area in general, business opportunity and overall condition throughout.
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