Fish & Chip plus Kebab Shop in Hemel Hempstead For Sale

Situated in a parade, busy road, residential & commercial area, close to Builders Merchants, HERTFORDSHIRE HEMEL HEMPSTEAD

Turnover £ 6,000
Price £160,000

Features

Fish & Chips Plus Slight Kebabs

6 DAYS OPENING
5* HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,000 ft². Tiled floor, ceiling with spotlights. 4-pan counter range, Coca-Cola fridge, ice cream freezer, stainless steel extractor unit, 2 kebab machines, 4-pot bain marie, charcoal grill, 2 fridges, fish fridge, freezer, 2-deck pizza oven, dough mixer, mincer, refrigerated making table. CCTV system (7 cameras, 1 monitor)

Walk-in coldroom

Staff room.

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000/ £7,000 p.w. with a gross profit of 65% approx. (30% DELIVERY)

Staff

The business is at present operated by the 2 partners with 1 full time and 1 part time staff plus 1 driver.

Trading Hours

6 Day week
MONDAY - SATURDAY 11.45 a.m - 9.45 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, at present let on a shorthold tenancy providing a rental income of £1,600 per month . The accommodation comprises:

3 Bedrooms (2 doubles, 1 single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear garden with lawn plus garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £25,000 p.a. (As will be appreciated with the current rent of £19,200 from the accommodation, the net rent payable at the present time is only £6,200 p.w).

Business Rates from April 2023 £3,600 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 VENDOR'S 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