Popular traditional Fish and Chip Shop for sale after 33 years under same ownership. (ref 1437)

**** PRICE REDUCED ****
Popular traditional Fish and Chip Shop for sale after 33 years under same ownership. Traditional Fish and Chip Shop. Net annual sales £333,486. Ideal trading location. Retirement sale. Run under same ownership for 33 years. Scope to develop existing offering.

LEASEHOLD
Guide Price £79,000.
Rent £13,500 per annum.

Elio’s Fish and Chip Shop occupies a prominent trading location in Glamis Shopping Centre, which is a popular and well used shopping parade just to the south-west of Glenrothes town centre. Glenrothes is a large settlement of approximately 40,000 inhabitants in central Fife and was one of Scotland’s ‘New Towns’ created in the 1940’s. St Andrews and the surrounding East Neuk of Fife with its world class golf courses is reachable within a 30 minute drive to the east with Scotland’s capital city Edinburgh just a 55 minute drive to the south.

Our client has owned and operated this fish and chip shop for over 33 years and has reluctantly placed it on the market to retire. As well as offering tradition fried foods, Elio’s also offers pizzas, pastas and kids meals. Deliveries are done through JustEat and the business is operated by the owner, another family member and a selection of part time staff. The business trades just 6 days, closing on a Sunday.

The property is offered on a leasehold basis with 5 years remaining on the current lease, this can be extended. The annual rent is £13,500 plus service charge. A guide price of £79,000 is sought for the leasehold interest in the property and all fixtures & fittings pertaining thereto.