Fish & Chip Shop in Kent For Sale

Situated in a terrace, busy road, residential area, KENT

Turnover £ 4,000
Price £115,000

Features

Old Established well Equipped Takeaway Fish & Chip Shop

DOUBLE FRONTED TAKEAWAY FISH & CHIP SHOP with tiled walles, tiled floor. 3-pan gas counter range, upright glass fronted fridge (on loan from Coca Cola), 1 fridge, 1 fridge/freezer, 3 chest deep freezers, double sink & drainer

Potato preparation room with potato chipper & peeler, large sink

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 62%.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 4 part time staff employed.

Trading Hours

Monday - Friday inclusive - 11.30 a.m. - 2 p.m. & 4 p.m. - 9.30 p.m.
Saturday opening - 11.30 a.m. - 9 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation all in GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Small living room

First Floor
2 Double Bedrooms
Large bathroom with bath, w.c. & wash hand basin

Tenure

We understand the premises are held on a secure renewable lease from a private landlady, the present lease having approximately 4 years unexpired at a rental of £15,540 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote