Fish & Chip Shop plus Kebabs in Essex For Sale

Situated in a parade, residential area, ESSEX

Turnover £ 11,000
Price £230,000

Features

Well Equipped Takeaway Fish & Chip & Kebab Shop

The business occupies a sought after trading position with the advantage of a FREE CAR PARK in front of parade. In addition there is a park opposite.

Well equipped TAKEAWAY FISH & CHIP SHOP. 4-pan Kiremko fish & chip counter range with heated display section over, electronic cash register, double door glass fronted counter fridge, 2 stainless steel counter deep freezers, kebab machine.

PREPARATION AREA with upright stainless steel fish fridge, 3-door stainless steel counter deep freezer, double sink & drainer stainless steel table, upright stainless steel fridge, Henny Penny chicken pressure cooker, potato chipper & peeler, upright stainless steel deep freezer, fridge, double sink & drainer etc.

Staff toilet

Turnover

WE ARE INFORMED the turnover currently averages £11,000 p.w. (15% deliveres), in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of his wife evenings plus 1 full time staff & 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 11.30 a.m. - 9 p.m.
Sunday - 1 p.m. - 9 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £12,000 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Service road at rear

Tenure

We understand the entire premises are held on a secure renewable 20 years lease granted in 2017, 5 yearly reviews, at a rent of £20,000 p.a. (As will be appreciated with the current rent from the accommodation, the net rent payable at the present time is only £8,000 p.a).

Uniform Business Rates: £540 p.a. approx. (after small business relief)

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £230,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 115,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote