Summary - 1 NEWALL CARR ROAD OTLEY LS21 2AU
1 bed 1 bath Takeaway
Profitable, turnkey takeaway with strong reputation but short lease term..
- Turnkey famous fish and chip business with strong local reputation
- Year to Aug 2024 turnover c. £249,730; net profit c. £80k
- Passing rent £12,000pa; low operating rent supports margins
- Shop size c. 484 sq ft; efficient traditional takeaway layout
- Fixtures and fittings included; stock negotiated separately
- Only six years left on lease — mortgage lenders may refuse
- Price is offers over £25,000 (leasehold) — quick-sale note
- Busy location near hospital, school and residential catchment
An established, high-volume fish and chip takeaway with a strong local reputation and proven profitability. Accounts to 31 Aug 2024 show turnover of £249,730 and a reported net profit of about £80–82k, driven by low rent and consistent takings. The business is offered turnkey with fixtures and fittings included; stock is a separate negotiation.
Located on Newall Carr Road in affluent Otley, the shop benefits from a main-road position close to a large local hospital, secondary school and residential catchment, supporting steady daytime and evening trade. The single-storey premises is a traditional, well-maintained takeaway layout of around 484 sq ft — compact and efficient for a high-margin food operation.
Important caution: the lease has only six years remaining with a passing rent of £12,000 per annum. That short unexpired term is a material issue — many commercial mortgage lenders may refuse lending against the lease. The price reflects a leasehold sale at offers over £25,000 and appears reduced for a quick sale due to personal circumstances.
This suits a buyer seeking a hands-on, profitable lifestyle business or a cash buyer/investor able to manage lease renewal risk. Prospective purchasers should carry out full due diligence on lease terms, landlord consent, and trading accounts, and verify stock and staff arrangements before committing.
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