Modern Fish & Chip Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SURREY

Turnover £ 10,500
Price £169,500

Features

Modern High Quality Fish & Chip Restaurant Plus Takeaway

TRIPLE FRONTED PREMISES - Polished concrete floor, selection of pendant and spotlights. Tables and chairs providing seating for 28 persons. Sales counter, stainless steel extractor, Hopkins 3 pan range, griddle, oven, commercial microwave, 2 EPOS touchscreen tills, upright commercial fridge, under-counter double door freezer, 2 double door under-counter drinks fridges, dishwasher, single bank coffee machine etc

Disabled cloakroom

Door to preparation area; Tiled floor, double sink with drainer, 2 chest freezers, 2 upright freezers, upright fish fridge, double door fridge, commercial tumbler, chipper, stainless steel work top, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,500 p.w. with a gross profit of 66% approx. (30% in respect of deliveries). The premises has an alcohol licence, sales negligible.

Staff

The business is at present operated under management with 4 full time staff employed. We are informed the wage bill averages £2,600 p.w. approx.

Trading Hours

6 Day week
Tuesday - Thursday inclusive - 11.30 a.m. - 10 p.m.
Friday & Saturday - 11.30 a.m. - 10.30 p.m.
SUNDAY opening 12 noon - 9 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 14 years in 2016 with reviews every 4 years (next review 2023) at a current rent of £31,500 p.a. We are advised the Landlord requires a 6 months rent deposit.

Business Rates from April 2021 £10,000 approx. when payable payable (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £169,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 84,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote