Leasehold Fish and Chips Shop
Business for sale
Asking Price:
£299,000
Turnover:
£338,000
Annual profit:
£158,184
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c522City: maidstone, kent united kingdom
Price: £ 299,000
Property: leasehold
Description
well established, having been in the present family's hands for some 18 years and now only being marketed as a result of the vendors other business commitments.
Turnover - we are advised turnover averages £6,500 pwk @ 60% gp.
Premises - mid parade premises with attractive single frontage. Take away area with ceramic tiled floor, fully tiled walls, 3 pan split counter range with electric cash register, griddle, pressure fryer, bain marie. Commercial microwave, pie cabinet, illuminated menu display, drinks chiller. Prep room double deep st/stl sink, peeler, chipper, pvc chip bins, upright fish fridge, chest freezer. Basement: 2 freezers. Store room: staff w.c. And w/basin. Outside - pedestrian access.
Terms of the lease/leasehold
new 15 year lease. Rent - £25,000 p.a. (3 Year reviews)
Location and property
prominently situated fronting a major street in the popular kent town of maidstone being 100 yards from the lockmeadow leisure complex and 200 yards from the town centre with its multiple stores, banks and offices. The business serves a densely populated residential area.
Accommodation
- approached via sep rear entrance and comprising 5 bedsit flats which are presently vacant but when let produce £90 pwk each or £23,400 p.a. If all occupied.