Turnkey seaside business with upstairs one-bed flat and clear growth potential.
Award-winning, long-established fish and chip takeaway business
A long-established, award-winning fish and chip takeaway in Northway, Scarborough, offered as a leasehold business with one-bedroom accommodation above. The business reports average annual turnover around £75,000 and is presented as turnkey with a fully equipped kitchen, strong local reputation and scope to increase trading hours and revenue. The flat above provides owner-occupation or rental income potential.
The property is a Victorian mid-terrace commercial building close to the town centre and seafront, with a substantial ground-floor trading area, prep rooms and useful storage. Practical details include fast broadband, excellent mobile signal and no flood risk — positives for continued trading and easy customer access.
Important practical facts and constraints are clear: the business is sold with a new lease available at a rent of £956 per month and an ingoing payment of £25,000. Current trading is limited (evenings six days and a short Friday lunchtime), so improving opening hours would likely grow turnover but will require additional staffing or owner hours. The local area scores as deprived with constrained renters and average crime levels, which can affect daytime footfall outside tourism seasons.
Buyers should note accounts are available only to bona fide viewers and full lease terms and service/repair obligations should be checked. The upper one-bedroom apartment could be sublet but check any lease restrictions. There may be scope and value in modest refurbishment or expansion of hours to capture more of the town and seafront trade.
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