A rare opportunity to buy one of the UK’s oldest chip shops as a thriving business concern is on offer in Warwickshire.
Toppers, in Stratford Street, Nuneaton, is for sale through Bromwich Hardy for £145,000 leasehold.
The shop has been part of Nuneaton’s history for more than 100 years and has a strong local reputation and customer base. It turns over £9,000-10,000 per week, with potential for significant growth.
David Penn, partner at Bromwich Hardy, said: “This is a great opportunity to buy an established business with excellent brand recognition, goodwill and a great track record.
“Toppers has successfully adapted its business model and has established a strong delivery revenue stream, taking advantage of its central location and brand awareness to reach the whole of Nuneaton.
“At the moment, Toppers is fully staff run and self-sufficient, with minimal involvement from the owners. The business could continue well on this basis or the new owners could operate the business themselves. There is also potential to widen the menu.”
The business is to be sold as a going concern, to include a new lease of the property on full repairing and insuring terms at a rent of £29,950 per annum.
The mid-terraced building, which fronts onto a pedestrianised street in a prime town centre location, is fitted out to a high standard and can seat 120+ covers. The property includes an upstairs seating area, as well as a staff room, storage and offices.
The site is very close to Nuneaton’s main shopping area, including many national brands and the RopeWalk shopping centre.
The property has several ground floor accesses to the front, which gives scope for parts of the upper floor to be converted to residential use, subject to consents.
The regular improvements made to the property include air conditioning, fire alarm system and redecoration. The furniture is of good quality and all the equipment is fit for purpose.
Offers are invited in the region of £145,000 to include goodwill of the business, fixtures, fittings, and equipment. Stock will be valued on completion and is payable separately.