10 Photo

10 Photo

Fish and Chip Shop with Large Vacant Storage Area

Reids Fish and Chip Shop and Storage Unit, Riverside Place, Thurso, Thurso, KW14 8BZ, Caithness
£ 230,000 / Offers Over
For lease
Busy Fish and Chip Shop with Extensive Storage Area Extending to 329m2 set in Ever-Popular Town of Thurso.

 

  • Popular and busy Fish and Chip shop in a prime trading location with ease of parking.
  • Currently trading as a takeaway but with the potential for a sit in and restaurant facility.
  • Well established and profitable business with consistent turnover in the region of £200K.
  • Substantial property offering a large storage area extending to circa 329m2 suitable for a variety of purposes as well as sub-letting subject to consents.
  • 26 Year lease with a possible extension to 99 years.

DESCRIPTION
Reids is a single storey building with a significant footprint, located within the town centre of Thurso in a busy area with business, hospitality and residential units close by. Trading as a fish and chip shop for many years, the business is well established and offers the usual range of hot takeaway products, drinks and confectionary. Trading only as a takeaway there is most certainly scope to introduce a sit in facility or utilise some of the additional space to create a restaurant within the area.

The takeaway is fully fitted out and all fixtures and fittings are included in the price. A full inventory will be provided to seriously interested parties. The business is currently run under management, employing 1 fulltime, 1 part time staff member as well as some seasonal and casual staff as required. There is no doubt that hands on owners would be able to increase profitability by reducing the number of staff required. Opening Hours are Monday to Saturday, 12noon - 2pm and 4pm - 8pm.

The Net Internal Area of the property extends to circa 329m2 which offers a wide range of potential uses and was previously used as a bakery. The remaining elements of the building are used as an occasional store by the current occupant. The building has a number of distinct service areas which include male and female changing facilities and a large unobstructed room extending to approximately 16 metres by 6.5 metres.

It is possible to utilise the premises for a number of differing uses or sublet to more than one party as the building has 4 separate entry points. All development aspects will be subject to renovation and obtaining the necessary consents. Internal layout plans are available upon request to the Selling Agent.

LOCATION
This property is located in Thurso town and close to Scrabster Harbour where the fish markets are. This area of Northern Scotland benefits from having some of the best fish, beef and lamb in the world and Reids is ideally placed to take advantage of this. The restaurant has a most prominent frontage with two large picture windows facing on to the street, ideal for passing trade and has more than ample parking in the surrounding area.

The town has a good mix of traditional shops, cafes, bars, guest houses and hotels. The well-known River Thurso flows through the town attracting salmon fishers from all over. The area is also well known for surfing, hosting surfing championships, as well as offering various other outdoor pursuits. There are lots of things to do and see in Thurso, including the five star visitor attraction, Caithness Horizons and many other places of interest, including an attractive sandy beach with spectacular views across to Orkney and Dunnet Head. There are many attractions which bring visitors to Caithness, such as a day trip to Orkney, numerous sites of archaeological interest, the Castle of Mey to the north, Dunrobin Castle to the south or perhaps a day out to John O’Groats.

SERVICES
The business benefits from 3-phase mains electricity, gas, water supply and drainage.

LEASE TERMS
The current Lease runs to 14th May 2040 but there is scope to extend to 99 years should that be desirable for new tenants. Passing Rent is £1,000 per annum. Full lease terms will be made available post viewing

TRADE
Full accounting information of the Fish and Chip Shop will be made available to seriously interested parties subsequent to formal viewing. Turnover is in the region of £200,000 with a net profit in the region of £50,000.

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