Contemporary Fish & Chip Shop in Reading For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, BERKSHIRE READING

Turnover £ 6,000
Price £160,000

Features

Contemporary Fast Food Takeaway Specialising In Fish & Chips, Burgers, Kebabs

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. CCTV (8 cameras). Tiled flooring, suspended ceiling with LED lighting. Tables and chairs seating 8 people.

OPEN PLAN KITCHEN. Stainless steel extractor, 5 pan fish and chip range, hot box above, griddle, grill, bain marie, microwave, hot cabinet, upright drinks fridge, Háágen Dazs freezer, 2 bubble teas machines, bubble tea topping fridge, fish fridge, wash hand basin, single sink.

SECOND KITCHEN. Stainless steel extractor, doner machine, grill, 6-burner hob with oven, microwave, burger make line, potato peeler, potato chipper, double sink with drainer, stainless steel preparation table.

Basement

Walk-in fridge
walk-in freezer

Store room, 3 chest freezers

Staff cloakroom with toilet and sink

First floor

Office

Kitchen

Toilet

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present staff operated with 2 full time staff plus the assistance of 2 part time staff. We are informed the wage bill averages £1,100 p.w. approx.

Trading Hours

7 Day week
MONDAY - FRIDAY 10 a.m - 9 p.m
SATURDAY & SUNDAY - 10 a.m - 11 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDORS that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £28,000 p.a.

Business Rates from April 2023 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote