Leasehold Traditional Fish & Chip Takeaway Located In Kendal
Operates Only 17.5 Hours Per Week
Multi Award Winning
Ref 2853

Location
This respected Fish & Chip Takeaway is located in the market town of Kendal in the county of Cumbria. Situated within a prominent and highly visible trading position on New Road (A65). Kendal is situated to the south of the Lake District, six miles from junction 36 of the M6 motorway. It is the gateway to the lakes being just nine miles to Windermere Lake. The town is especially well placed to cater for everyone's holiday needs.

Leasehold Asking Price £150,000 (Rent £22,000 pa)
Freehold Asking Price: £430,000 plus SAV (£1,000)

Business Description
Veritas Business Sales are privileged to offer to the market this delightful Fish & Chip takeaway which is located in Kendal. The business has been established for 20 years and has been in the careful hands of the current owners for the past 9 years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership there has been continual investment to include a new shop refit and they have installed brand new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Frydays of Kendal is owner operated with the help of 3 full time and 1 part time members of staff and a couple of casual helpers as and when needed. For year ending 31st March 2022 based on 45 weeks trading on only 17.5 hours per week they posted a turnover of £285,676 with a GP of £188,758 (66%) and producing a very healthy net profit of £97,116. The main trade is walk in but click and collect and deliveries via their own app accounts for approximately £2000-£2,500 per week. They have built a fantastic reputation for serving only the finest fish & chips, along with, pies, sausages, savouries, condiments and cold drinks. Last time they entered the National Fish & Chip Awards, Frydays of Kendal were in the top 20, consistently in the Fry Magazine top 50 and Good Food Awards winner for the last 3 years.
We believe that a new owner could increase trade by extending the current opening times, increasing the food offering such as pizzas and by joining the on-line delivery portals such as Just eat and Deliveroo. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established and newly fitted takeaway which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Times
Monday & Tuesday - closed
Wednesday & Thursday - 5:00pm - 8:30pm
Friday - 5:00pm - 9:00pm
Saturday - 5:00pm - 8:30pm
Sunday - 4:30pm - 7:30pm

Ground Floor
Takeaway comprising: large customer area, corian topped and tiled front stainless steel serve over counter, undercounter fridge, EPOS system, slush machine, 5 pan (Kiremko) island range with built in griddle powder coated in white, 3 x warming cabinets, chip box, scraps box. hand wash basin, paper towel dispenser. 2 x drinks display fridges, ice cream display freezer, burger prep fridge, 2 x air conditioning units built into suspended ceiling and 4 x digital menu boards suspended from ceiling.
Preparation kitchen comprising: fully hygienic cladding, stainless steel preparation, electric cooker with induction hob, large upright freezer, large upright fridge, 8 draw stainless steel fish fridge, 3 door prep freezer, 2 x commercial microwaves, 2 x undercounter fridges, table top fryer, batter mixer (Bold), 2 x stainless steel shelves, various utensils and pans etc, large chest freezer, stainless steel pot wash area with 2 sinks, washer/dryer, hot water boiler and stainless steel racking.
Potato prep room with fully tiled prep area with potato rumbler (Bold), stainless steel soak tank, potato chipper (Bold), potato storage area, heavy duty safe, two cold water taps and two hot water taps.
W/C with wash basin and staff lockers.

External
Rear yard with large storage shed with stainless steel racking, bin storage and waste oil storage.

2 bedroom maisonette
Ground Floor
Self-contained entrance, 2 x storage cupboards, understairs storage, boiler and staircase.
First Floor
Consisting of fully refitted bathroom, and fully refitted kitchen, large living room, staircase to the second floor.
Second Floor
2 double bedrooms.

The accommodation has been fully refurbished and benefits from a new bathroom, kitchen, plumbing, electrics, brand new double glazing. All ready to be decorated to the new owners taste

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

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