Restaurant for sale
Property description & features
- Well-established and successful business in sought after location of Southwold, Suffolk.
- Freehold, fixtures, fittings and equipment included in asking price of £595,000.
- Benefits from incredibly busy summer season and a steady winter period.
- Potential to change use for other business purposes such as a cafe, a different type of restaurant, bar or even a retail unit.
- Also potential for residential conversion of the whole building, or development of the rear of the site to include a residential unit for the owner SSTP.
- Accounts information available upon request.
Mark's Fish & Chip Shop, Southwold. - Paul Hubbard Commercial are delighted to bring to market a highly popular, well-located Fish & Chip shop in the sought-after seaside town of Southwold, Suffolk.
Situated on the busy High Street, this successful business has been catering for hungry locals and tourists for years, offering both a dine-in and takeaway service.
Due to retirement, the current owners are looking to sell the freehold, which includes all fixtures, fittings, and equipment needed to continue running the business.
The business is run with 2 full time staff members and occasional part time help during busy periods. It has been run more as a lifestyle business in recent years, so a new owner would have lots of possible areas to focus on to generate more income and make the business evening more profitable.
Although the property is currently operating as a fish & chip shop and has for many years, there is potential for conversion to suit a range of different businesses or could even be used as a residential premises subject to planning permission.
The property is close to a large range of different retailers which attract high footfall throughout the year, especially during the incredibly busy summer months. It is a short walk to the seafront and easily accessible from the A12.
Viewing is highly recommended, and accounts for the business will be made available upon request. A full list of fixtures, fittings and equipment included in the sale can also be made available once a sale has been agreed.
The Property - RESTAURANT - Vinyl flooring, large window to front aspect looking on to the high street, wooden tables, and chairs to cater for up to 32 diners, brick-effect wall panelling, ceiling fans, exposed beams, serving counter with cutlery/condiment station, and access to the kitchen area.
KITCHEN/SERVING AREA - Vinyl flooring, hygiene clad walls throughout, large stainless-steel Preston & Thomas range fryer, serving counters for both takeaway and restaurant customers, work surfaces for food preparation with storage space beneath, window to side aspect, entrance and exit doors for takeaway customers, drinks fridge, cupboards for storage and entrance to Washing Up Area.
WASHING UP AREA - Large, stainless steel double sink with drainers, Viessman gas boiler, vinyl flooring, hygiene clad walls, 2x microwaves, fridge, dishwasher, shelving units for storage and access to Preparation Area.
PREPARATION AREA - Variety of fridges and freezers, Vinyl flooring, hygiene clad walls, a range of equipment such as chip cutters and potato peelers, large stainless-steel sink with drainer, storage space for equipment and stock, and access to WCs, storage/office area and access to rear courtyard.
WCs - Window to rear aspect, vinyl flooring, ceramic toilets in each Male and Female toilet, with ceramic handwash basin and hand towel dispenser in communal area.
STORAGE/OFFICE AREA - This space is currently used for storage and includes work surfaces with cupboards and storage space above and beneath, however this could easily be converted into more of an office for the owner of the business.
STORAGE AREA 2 - This area is used as storage space for pallets of potatoes and to gain access to the rear courtyard.
EXTERNAL - To the rear is a spacious courtyard area which currently includes 4 sheds for storage of fridges, freezers, stock, and other equipment. There is also a large, walk-in Isark freezer and an unused garden area at the very rear which is surrounded by brick walls and wooden fencing on either side.
The property has an internal floorspace in excess of 1100sq ft, and the site itself is around 2500st ft including the building.
The Business - Current Opening Hours:
Monday 11:45?am-2?pm, 5pm-7:00pm
Tuesday 11:45?am-2?pm, 5pm-7:00pm
Wednesday 11:45?am-2?pm, 5pm-7:00pm
Thursday 11:45?am-2?pm, 5pm-7:30pm
Friday 11:45?am-2?pm, 5pm-8:00pm
Saturday 11:45?am-2?pm, 5pm-8:00pm
Sunday Closed
The shop is currently run by two full time members of staff with occasional part time support during busy periods.
The restaurant area has been closed since the pandemic and the business is only offering takeaway service, however this is due to reopen again coming into summer 2024 which will help increase revenue.
Two additional part time staff members would be required to help with the restaurant part of the business; however, this will allow up to 32 diners to eat their meals on the premises and shouldn't have any impact on the success of the takeaway side of the business.
There is scope for growth of the business as they are not currently offering online ordering or deliveries. Both lunch and evening services could be extended as well, especially during the summer months, to capitalise on the huge increase in visitors to the area.
Tourism brings in excess of £70,000,000 into Southwold's local economy each year, and with more and more people looking to stay within the UK for their summer holidays, now is a perfect time to take on an established business in such a thriving and popular area.
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