Busy Fish & Chip Shop in Surrey For Sale

Situated end of parade, occupying a corner position, busy road, SURREY

Turnover £ 3,650
Price £110,000

Features

Traditional Fish & Chip Shop

Established 1963.
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 610 ft² with tiled floor, hanging lights, Coca-Cola fridge, Preston & Thomas 2 pan counter range, EPOS till, Fish fridge, stainless steel extractor unit, 2 undercounter fridges, Tables and chairs providing seating for 10/12 People.

Preparation room with potato chipper and peeler, sink, racks, 2 x deep freeze.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 - £3,800 p.w. with a Gross profit of 65% approx. (PORTAL SALES OF £200 per week)

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11.30am - 11.30pm
SUNDAY 11.30am - 10pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy to staff providing a rental income of £1,800 per month. The accommodation comprises:

4 double Bedrooms
Lounge.
Large Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Shower room with shower.

Outside

Rear yard with Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £23,592 p.a.

(As will be appreciated with the rental income currently of £21,600 p.a. in respect of the self contained maisonette, there is in fact at the present time making rental payable of £1,992 p.a).

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote