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262 Bellshill Road, Motherwell, ML1 3SQ

706 Sq Ft / Retail / General Retail

Sold - Last updated: 04 September 2017

Prominently positioned on busy main road and with densely populated housing areas in the immediate vicinity. Refurbished since 2010 and fully equipped, 706 sq ft/65.6 sq m of retail area and 2 back shop/food prep with toilet in rear extension. R/shutters, alarm, CCTV. 25 years established. Turnover in excess of £XXX with adjusted net profit of almost 32%

Location

Prominently positioned on the busy A721, Motherwell – Bellshill Road to the north of Motherwell town centre.

With densely populated housing areas in the immediate vicinity, this section of Bellshill Road displays a variety of uses including hairdresser, convenience store, Tandoori takeaway, car accessories, sales and repairs and B & Q is nearby.


 

Accommodation

DESCRIPTION

FISH & CHIP SHOP:            

Refurbished since 2010, the shop boasts a bright, modern frontage incorporating anodised display window with matching entrance door and screen. Internally, the layout offers an open plan front retail area and servery with doors to two rear rooms utilised for storage and food preparation. There is a toilet within an extension to the rear with adjoining store.

The retail area has a ceramic tiled floor, washable lined walls and an acoustic tile ceiling system incorporating recessed lighting. One food preparation room has an aggregate floor with tiled and washable lined walls whilst the other has a quarry tiled floor, again with washable lined walls.

There are roller shutters to the frontage and an alarm is installed supplemented by CCTV.

A full inventory of equipment can be prepared prior to the conclusion of a sale however this includes the following:-

Scotrange 3 pan fryer incorporating a serve over counter; double pizza oven; Parry bain marie; Sharp electric till; upright drinks fridge; ice cream display fridge; Excel stainless steel fish cabinet; double tru stainless steel fridge; upright freezer; chest freezer; 4 ring Beko gas cooker; Crypto peeler; Crypto chipper

BUSINESS:                           

Established now for 25 years, Onestis is a profitable fish and chip shop which has been developed and adapted over the years to remain fresh and meet changing demands.

The surrounding area is predominantly of densely populated housing and there are a number of businesses in the immediate vicinity for the base, local trade while Bellshill Road is a busy main distributor road for passing trade and Braidhurst High School is nearby to boost lunchtime business. Deliveries are also undertaken.

Staffed by our client and 3 part time assistants, the current opening hours are Monday to Friday 11.45am – XXXm and XXXm – 11.00 pm, Saturday and Sunday XXXm – XXXm

Trading accounts show a steadily increasing turnover over the last 3 years to in excess of £XXX in the most recent accounts, to August 2013, with a resultant gross profit approaching 60% and an adjusted net profit of almost 32%. Extract trading accounts will be made available to financial advisors of genuinely interested parties only after viewing the subjects.

An opportunity for a sole operator or a family to acquire an established, easily managed and profitable business within premises refurbished since 2010

RATEABLE VALUE:           

£XXX

The Small Business Bonus Scheme offers up to 100% rates relief and further details are available on the Scottish Government website, www.scotland.gov.uk under the heading Topics, Public Sector, Local Government, Local Government Finance then Non Domestic Rates

EPC RATING:                      

G

AREA:                                   

Shop 706 sq ft/65.59 sq m or thereby net internal area

Terms

PRICE:                                  

OFFERS OVER £XXX are invited for the property, Goodwill of the business, fixtures, fittings and equipment.

Subject to further negotiation, the first floor flat of 4 apartments, kitchen and bathroom, may also be available for sale.

VIEWING:                              

STRICTLY by appointment through ourselves as agents.


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