Fish & Chip plus Kebab Shop in Nottinghamshire For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, close to 2 Universities and student accommodation, NOTTINGHAMSHIRE.

Turnover £ 10,000
Price £195,000 / £600,000

Features

Fish, Chips, Kebab & Burger Takeaway

NEWLY FITTED 2021 at a Cost of £100,000

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS & Canopy. Tiled floor, suspended ceiling with LED lighting. Tables and chairs providing seating for 4 persons. 2-pan Preston & Thomas counter range, cash register, double kebab machine, 6-pot bain marie, 3 TV menu boards, glass fronted upright drinks display fridge.

Kitchen, stainless steel extractor unit, 2 Potato chipper & peeler, 2 deep freeze, large fridge, Tandoori oven (used for naan) , Gas 4-burner Cooker, 3 preparation table.

Staff Toilet with w.c. and wash hand basin.

Stock room

Turnover

WE ARE INFORMED by the vendor the turnover averages £10,000 p.w. with a gross profit of 65% approx. (50% DELIVERIES via Just Eat, Deliveroo etc).

Staff

The business is at present operated by the vendor with his son plus 4 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11.30am - 9.30pm

Accommodation

THE NEWLY FITTED 2021 SELF CONTAINED ACCOMMODATION FLAT with Gas Fired Central Heating, Double-glazed windows in good condition over 2 floors, currently let & providing a rental income of £1,600 per month. The accommodation comprises:

Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin
3 Bedrooms (1 double, 3 singles)

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a current rent of £30,000 p.a. (As will be appreciated with the current rent of £19,200 p.a. from the accommodation, the net rental payable at the present time is only £10,800 p.a).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £600,000 plus STOCK AT VALUATION (£800 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) £ 420,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote