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Licensed Fish & Chip Restaurant in Northamptonshire For Sale

Licensed Fish & Chip Restaurant in Northamptonshire For Sale
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Register to see map and to make an appointment Situated in a parade, excellent trading position, NORTHAMPTON.

Turnover 7,250
Price 184,995

Features

Licensed Fish & Chip Restaurant Plus Takeaway

A short walk away from the newly opened campus of Northampton which has in excess of 12,000 students. Fantastic opportunity to undertake university campus deliveries.

Long established restaurant, trading 38 years, with a loyal customer base which has recently been refurbished and caters for traditional fish & chips, scampi, burgers, an all day breakfast menu and has a licence for the sale of alchohol.

Front area with space for 3 tables and 6 chairs (licence fee currently payable to county council)

Spacious Restaurant with quality woodstrip floor, new suspended ceiling with new LED light panels and concealed multi colour LED strip lighting. Tables and chairs providing seating for 78 persons. 4-pan Kirkemko gas counter range with touchpad controls, integrated hotplate/griddle & 6 pot bain marie. 2 single door glass fronted drinks display fridges (1 on loan from Pepsi whilst the other is on loan from Coca Cola), 2 stainless steel upright foster fridges, 1upright freezer for fish & stock.

Rear Kitchen with electric fan assisted oven, 4-burner electric cooker, double door glass fronted counter fridge, Bravilor coffee machine, Lincat water boiler, steriliser dishwasher, upright fridge, stainless steel fridge, etc.

Preparation Room with potato chipper and peeler, double sink and drainer, single sink with drainer. 4 chest deep freezes. There is also a spare/back up potato chipper and peeler.

4 camera colour CCTV system with HDD recorder.

Storeroom/Potato Store.

Office plus additional office.

Ladies' and Gentlemen's Cloakrooms.

2 Staff w.c.'s, each with wash hand basin.

Turnover

WE ARE INFORMED the turnover averages 7,250 p.w. in our opinion offering further potential to increase in the right hands.

The business has an Agency with Just Eat and Uber for deliveries, and to the university campus directly.

Staff

At present operated by a lady vendor on a part time basis with the assistance of her husband plus 5 part time staff. It will be appreciated that with a more active husband and wife team, the wage bill could be reduced.

Trading Hours

Operated 6 days per week, Monday/Saturday incl. 10 a.m. - 7 p.m.
No Sunday trading.

In our opinion, there is terrific potential for additional opening hours if desired, especially to maximise on the deliveries through Just Eat, Uber and to the University campus directly.

Tenure

WE UNDERSTAND the premises are held on a secure renewable lease for a period of 15 years from 24th June 2013 at a current rental of 35,000 p.a. up to June 2021, with rent to be agreed thereafter. We are advised, to an approved applicant, the Landlord will consider granting a new lease at rent and terms to be agreed. The Purchaser is to be responsible for the Landlord's costs.

Uniform Business Rates 2020 /2021 : NIL.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 184,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 92,498 (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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