Fish & Chip Shop plus Chinese Takeaway in Basingstoke For Sale

Situated in a small parade of 4 shops, prominent trading position, residential area, BASINGSTOKE, Hampshire.

Turnover £ 11,000
Price £90,000

Features

Prominent Fish & Chips Plus Chinese Takeaway

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 1,100 ft² WITH SHUTTERS, tiled floor, fluorescent lighting, sales counter, 3-pan gas counter range, cash register, CCTV system (4 cameras).

Kitchen with stainless steel extractor unit, Chinese Cooker (9-burner), Fish fridge, 2 x fridge, 6 freezers, preparation table.

Stock room.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £11,000 p.w. with a Gross profit of 65% approx. (50% DELIVERIES)

Staff

The business is at present operated by the Husband & Wife team with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 5pm - 10pm

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 2021 with reviews every 3 years (next review 2027) at a current rent of £17,000 p.a.

Business Rates from April 2025 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote