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Business

£74,995

Restaurant for sale

Bangor, Wales, United Kingdom LL57

£74,995

Restaurant for sale
Bangor, Wales, United Kingdom LL57

    Business

    About this property

      Business
      Please quote reference B08928

      Are you ready to grab a golden opportunity? Cheryl's Chippie in Bangor is now on the market, and it's bubbling with potential!

      Established over a decade ago and operated by the current owner since 2008, this beloved local favourite has a reputation for great food, warm service, and a strong local following.

      With glowing TripAdvisor reviews and deep community roots, this is your chance to take over a fish and chop shop with history, heart, and heaps of potential.

      Perfectly placed in the lively town of Bangor, North Wales, Cheryl’s Chippie sits at the heart of the community. Bangor is a bustling university town with a vibrant population and steady foot traffic, making it a prime spot for consistent trade. Whether you’re local or looking for a fresh start in a scenic spot, this one’s a catch!

      This well-loved chip shop has been frying up smiles for over 14 years Now, juggling a full-time job and the chippy, the owner has made the tough decision to pass the torch. It’s currently run with the help of his daughter and one additional staff member.

      There’s exciting potential to grow the business further. Think extended hours, a big push on local delivery, and boosting online presence. With the current popularity and strong customer base, the only way is up!

      Ready to reel in this gem of a business? Cheryl’s Chippie is waiting for someone with passion, energy, and a love for proper fish and chips. Dive in today—this one’s too good to miss!

      Location
      Cheryl’s Chippie of 47 Penrhyn Ave, Bangor LL57 1LS.

      Premises
      The shop operates from a leasehold premises with a very affordable rent of just £68 per week, which includes a handy one-bedroom flat above. It’s a simple, practical setup with all the essentials to continue operations seamlessly. Equipment and fixtures are valued at approximately £25,000, giving a solid base to build on.

      Tenure
      Leasehold with a 10-year term in place—offering security and flexibility to the next owner.

      Hours
      The current operating hours are:

      Monday to Friday - 11:30 am to 1:30 pm & 4:30 pm to 7:30 pm

      Saturday - 4:30 pm to 7:30 pm

      Sunday - Closed

      Staff
      Staffed by the owner’s daughter and one other, this business runs lean and efficiently. A new owner could keep it family-run or bring in additional staff to scale.

      Financial Profile
      This business generated a turnover of £80,000. Full financials can be made available upon request.

      More information

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