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See how verdicts work2-bedroom flat · CA15 6AJ
For saleReduced £85k (−29.8%) on 28 OctListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to own a thriving fish and chip shop, located directly on on the quayside of Maryport.
This sale is to include the freehold property, all the fryers and food storage and preparation equipment, and the business goodwill.
The sale also includes a two bedroom, duplex apartment with brilliant views of the harbour. Family owned for the past twenty six years, the business is loved by locals and visitors alike.
Excellent, year-round trade, is further boosted during the summer months, thanks to the draw of the harbour and its attractions, and the many events that take place in the town.
In addition to all the equipment required to operate from say one, the current owners are prepared to assist with guidance and training, should this be required.
The premises has just achieved a 5 Star Hygiene Rating, and all necessary gas and electrical safety inspections have been completed, This is a highly profitable business, and a brilliant opportunity for someone to build on the success and quality of this iconic Fish & Chip Shop.
Chip Shop Area (5.02 x 3.34 (16'5" x 10'11")) Preparation Area (6.40 x 3.34 (20'11" x 10'11")) Potato Store (2.84 x 2.10 (9'3" x 6'10")) Lounge (4.30 x 3.28 (14'1" x 10'9")) Kitchen (3.82 x 3.28 (12'6" x 10'9")) Bedroom 1 (3.34 x 3.40 (10'11" x 11'1")) Bedroom 2 (2.90 x 2.52 (9'6" x 8'3")) Bathroom
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About King Street, Maryport
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