Fish & Chip Shop, in Berkshire For Sale

Situated in a parade, excellent main road trading position, bustling shopping street amongst many multiples, Berkshire

Turnover £ 6,500
Price £150,000

Features

Well Equipped Takeaway Fish & Chip Shop

Service road in front of parade limited to 1 hour free parking daytime

SPACIOUS SINGLE FRONTED PREMISES. Front area with tiled floor, tiled walls. 2 tables & 4 chairs. The equipment includes 3-pan gas island range, upright glass fronted fridge (for soft drinks), computerized touchscreen till.

REAR SECTION with small double deep fryer, sink & drainer plus additional sink & drainer, stainless steel tables, 2 microwave ovens, double door glass fronted counter fridge, 4-pot bain marie, small undercounter deep freezer, kebab machine, upright stainless steel fridge etc.

POTATO ROOM with potato chipper & peeler

Storeroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 - £7,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Manager with 2 full time staff.

Trading Hours

Monday - Saturday inclusive - 11.30 - 10 p.m.
Sunday opening - 5 p.m. - 10 p.m.

Accommodation

The accommodation in the form of a MAISONETTE over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £1,250 per month inclusive of VAT. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchenette

Outside

Rear parking with space for 2 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2016 with reviews every 4 years (next review 2028) at a current rent of £62,500 p.a. + VAT (The lease includes an adjoining restaurant which we understand has recently been sublet on an Under-Lease at a current rental of £26,000 p.a. plus VAT with rent revisions). With the current rental income at the present time of £41,000, the net rental payable at the present time is only £21,500 p.a. plus VAT exclusive of rates.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2025 £14,000 approx. (Please contact local authority to confirm)

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote