Fish and Chip Restaurant and Takeaway in Hertfordshire For Sale

Situated in a Parade, excellent trading position, residential and commercial area, Hertfordshire.

Turnover £ 6,000
Price £180,000

Features

Traditional Fish and Chip Restaurant and Takeaway

5 DAYS OPENING ~ 5 STAR HYGIENE RATING.

SINGLE FRONTED PREMISES in the region of 950 ft² , CCTV (7 cameras) Tiled flooring, plasterboard ceiling with a mixture of track and pendant lighting.

Tables and chairs seating 28 people.

Sales counter - Electronic cash register, soft drinks fridge, chalk board menu.


Stainless steel extractor, 3 pan fish range, chip skuttle, heated cabinet, fresh fish counter, hand wash basin,

Rear kprep kitchen - Commercial dishwasher, 1 double door fridge, double door freezer, stainless steel preparation table, double sink and drainer, potatoe peeler, chipper,

Cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 60% approx.

Tremendous potential, and demand, for longer opening hours.

Staff

The business is at present operated by the vendor and his partners with 3 part time staff emplolyed

Trading Hours

5 Day week

CLOSED SUNDAY & MONDAY
TUESDAY - THURSDAY 4 pm - 8 pm
FRIDAY & SATURDAY 2 pm - 9 pm

Closed August for annual holiday.

Outside

Yard with access to bin store.

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 2013 with reviews every 5 years (next review 2028) at a current rent of £22,000 p.a. plus VAT

Business Rates from April 2024 £2,436 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote