Fast Food Takeaway in Somerset For Sale

Detached property, unopposed trading position, residential area, Somerset.

Turnover £ 5,500
Price £99,500

Features

Fish and Chips Shop Plus Pizza & Burger

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED TAKEAWAY in the region of 635 ft² with industrial non-slip floor, LED fluorescent lighting, 3-pan counter range, EPOS till, chip dump, drinks display fridge (glass fronted upright), hot cupboard, double door fridge.

Kitchen with stainless steel extractor unit, pizza oven (2-deck), griddle, 2 x Deep fryer, 2 fridges, 2 freezers, 2 x preparation tables.

Staff Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £6,000 p.w. with a Gross profit of 65% approx. (25% via Portals)

Staff

The business is at present operated by the Husband & Wife team plust daughters support

Trading Hours

6 Day week
MONDAY - SATURDAY 4pm - 10pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 double Bedrooms.
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2017 with reviews every 4 years (next review 2029) at a current rent of £33,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote