Description Fresh Fry is a well established traditional fish and chip shop located in Belvedere, which is a densely populated residential area of Kent. The business is situated on a main road through Belvedere which has a number of independent retailers and bus routes.
The area in general has undergone a fair degree of regeneration within the last few years and continues to do so, especially with Crossrail which will stop at Woolwich Arsenal station.
Whilst the business has only been run under the current ownership since 2010 it has built up an excellent reputation for providing high quality food for both the take away service and those choosing to eat in. The business was established by our clients in 2009 and they carried out a full refurbishment.
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 8 covers.
Given the limited competition locally, the business benefits from high gross margins and would ideally suit a hands on operator who can maximize profits.
Accounts We have been advised that the business generates an income of c. £3,200 to £4,000 per week.
Trading Hours Monday to Sunday 11:30 to 22:00
Staff The business is run by the owner along with additional part and full time members of staff.
Building External The business operates from the ground floor of a semi detached, two storey property, with excellent road side signage and customer parking.
Building Internal On entry is a light and airy customer area which is presented to a good standard throughout, given the refurbishment in 2010 under the current ownership. The shop provides a welcoming feel when entering from the street.
The main serving area has a modern, two pan fully automatic k-Star fryer, which has been well maintained and was installed from new when the shop opened. The shop has a single till serving counter with stainless work tops and tiled flooring, aswell as a seating area for 8 covers.
Ancillary Areas There are prep and store areas are to the rear of the property which are presented in good condition due to the refurbishment. The business has a number of stainless steel work tops, along with commercial fridges and freezers and a southern fried chicken pressure cooker.
All of the fixtures and fittings are included within the sale price.
Residential Accommodation Owners accommodation above the shop comprising of three bedrooms, a living room, fitted kitchen and a family bathroom. We have been advised that the flat is currently let out at £18,000 per annum (as of November 2018).
Tenure We are advised that the property is freehold.
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, hands on owner who can take this well used traditional fish and chip shop to the next level, and to build upon the already excellent reputation gained under the current ownership.
A viewing is highly recommended to fully appreciate the property, location and business opportunity on offer.
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