Fish & Chip Takeaway and Restaurant in Kent For Sale

Situated in a prominent corner location, excellent trading position, KENT.

Turnover £ 7,000
Price £149,500

Features

Renowned Fish and Chip Take Away and Restaurant Established 1920

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 1,130 ft², WITH FRONT DOOR SHUTTER, CCTV (6 cameras), Tiled flooring, plaster board ceiling with feature pendant lighting.

Customer waiting area.

Tables and chairs setaing 67 people.

Sales counter - Electric cash register.

5 pan Sussex range, chip shuttle, under counter freezer, under counter fridges, fish fridge, wash hand basin, ice cream freezer.

Preparation area - 2 Potato peelers, 2 chippers, 2 drinks fridges, under counter fridge, satin less steel tables, double sink and drainer.

Customer cloakroom wiuth toilet and wash hand basin.

Stairs to FIRST FLOOR, in the region of 200 ft².

Customer cloakroom wiuth toilet and wash hand basin.

Staff room.

Office with toilet, shower and wash hand basin.


Stairs to LOWER GROUND FLOOR, in the region of 250 ft².

Store room.

Walkin freezer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team on a part time basis, with 1 full time and 3 part time staff employed

Trading Hours

7 Day week
MONDAY - THURSDAY 11.30 a.m. - 8 p.m.
FRIDAY - SATURDAY 11.30 a.m. - 9 p.m.
SUNDAY 1.30 p.m. - 7 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE LEASE for 15 years with reviews every 3 years at an initial rent of £30,000 p.a. for the first 3 years.

Business Rates from April 2025 £1,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1986, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote