Business for sale

Business description

We are informed the turnover averages £3,500 p.w. in our opinion offering terrific potential for further increase with additional opening hours. Gross profit 60% approx.


Price: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £395,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT


Features: This old established Fish & Chip Shop has been in the same hands for the past 37 years and is now solely offered for sale due to the vendors retirement.

Forecourt with parking space for 2 cars. No parking problems for customers.

SINGLE FRONTED TAKEAWAY FISH & CHIP SHOP with 2 door access. The equipment includes 3-pan Frankford gas counter range, 2 glass fronted counter fridges, electronic cash register.

Large kitchen with 2 microwave ovens. Adjoining preparation area with stainless steel shelving, upright stainless steel fridge, upright stainless steel deep freeze, oil filter machine, stainless steel sink with large drainer etc.

Staff cloakroom with w.c. and wash hand basin

Large brick built adjoining building. Front area providing large garage. Storeroom for soft drinks, preparation room plus large potato store with walk-in deep freeze, walk-in coldroom.

In addition there is a large store shed


Staff: The business is at present operated by the vendor with the assistance of his son plus 1 part time staff.


Opening Hours: Frying Hours
CLOSED ALL DAY SUNDAY & MONDAY
Tuesday & Wednesday - 11.30 a.m. - 1.45 p.m. & 4.30 p.m. - 7.30 p.m.
Thursday, Friday & Saturday - 11.30 a.m. - 1.45 p.m. & 4.30 p.m. - 8 p.m.

It will be appreciated upon inspection that there is tremendous potential for additional opening hours.


Accommodation The spacious living accommodation, not utilised at present, does require some redecoration and modernisation, comprises:

Ground Floor
Large Kitchen (as listed in the business section)
In addition there is a large lounge
Conservatory

In our opinion, the ground floor has potential for development to provide a restaurant seating area, if desired, subject to obtaining the necessary planning permission.

First Floor
4 Bedrooms (3 doubles, 1 single)
Large Bathroom with corner bath, shower, w.c. and wash hand basin

As stated the accommodation has not been used for approx. 20 years and whilst there is full gas fired central heating, it will be appreciated upon inspection that the accommodation needs some modernisation and redecoration.


Outside Garden at rear.
Indoor swimming pool 30ft x 20ft approx. (would require attention as the swimming pool has not been used for approx. 20 years).


Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £17,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 37 YEARS AND IS NOW SOLELY OFFERED FOR SALE, DUE TO THE VENDORS RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R7958