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Reference R9201

Fish & Chip Shop in Portsmouth For Sale

Fish & Chip Shop in Portsmouth For Sale
Buy a Fish & Chip Shop in Portsmouth For Sale

Register to see map and to make an appointment Situated in a terrace, residential area HAMPSHIRE PORTSMOUTH

Turnover 1,000
Price 37,500

Features

Well Established Takeaway Fish & Chip Shop

Electric shutters to SINGLE FRONTED TAKEAWAY FISH & CHIP SHOP with tiled floor plus tiled walls, fluorescent lighting. 3-pan gas counter range, electric cash register, fridge/freezer, fridge.

Storeroom with tiled floor, 2 chest deep freezers

POTATO ROOM at rear with potato chipper & peeler, fridge, sink, stainless steel table

Staff w.c. & wash hand basin

Turnover

WE ARE ADVISED the turnover averages in the region of 1,000 p.w. all takeaway, in our opinion there is potential to introduce deliveries, if desired.

Staff

The business is operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Friday inclusive - 4.30 p.m. - 8.30 p.m.
Saturday evening - 4.30 p.m. - 8 p.m.
It should be noted that the business at present closes for holidays 2/3 weeks at Easter. Over the Christmas period from approximately 10th December to the 1st week in January the business is also closed. In addition closed for 1 week in the summer months for holiday. We are further advised that the business is closed on all bank holidays.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED is at present let on a shorthold tenancy & provides a rental income of 575 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

1 Double Bedroom
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge with fitted kitchen area

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease in respect of the fish & chip shop with accommodation over at a rental of 13,200 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 37,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 18,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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