Impressive Fish & Chip Shop in Ramsgate For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, MINSTER, RAMSGATE, KENT

Turnover £ 9,000
Price £265,000

Features

Impressive Fish and Chips Plus On Line Greek Street Food

5 DAYS OPENING

DOUBLE FRONTED PREMISES 1,000ft² approx. with tiled floor, suspended ceiling with spotlights, Tables and chairs providing seating for 25 persons. Cash register. 3-pan Preston & Thomas counter range, potato chipper & peeler, microwave, fish keep fridge, 7 freezers, fridge, stainless steel extractor unit, preparation table, grill, etc.

Toilet with w.c. and wash hand basin.
Additional Staff Toilet
Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx. (30% deliveries) Plus £1,000 in greek food

Staff

The business is at present operated by the vendor with 4 full time staff employed plus 3 part time staff & 3 part time drivers.

Trading Hours

5 Day week
MONDAY - THURSDAY 4pm - 10pm
FRIDAY & SATURDAY inclusive 12 noon - 10.00pm

Accommodation

THE SELF CONTAINED accommodation in the form of a FLAT with Gas Fired Central Heating, Double-glazed windows, in good condition, over 1 floor, comprises:

4 Bedrooms (3 doubles, 1 Single)
Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin
Additional Toilet

Outside

Parking space for 1 car

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2015 with reviews every 5 years (next review 2025) at a current rent of £19,000 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £265,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 132,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote