Old Established Fish and Chip Restaurant in Kent For Sale

Situated in a parade, excellent main road trading position, KENT.

Turnover £ 7,000
Price £220,000

Features

Long Established Fish & Chips Restaurant & Takeaway with Huge Potential To Introduce Delivery and Online Sales

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 975 ft², CCTV (6 cameras), Tiled flooring, suspended ceiling with light panels.

Tables and chairs seating 30 customers.

Customer waiting area, illuminatted menu board.

Customer cloakroom with toilet and wash hand basin.

Sales counter, Touch screen cash register, soft drinks fridge.

KITCHEN - Stainless steel extractor, multi pan fish and chip range, chip scuttle, heated cabinet above, microwave, chicken cooker, grill, 2 chest freezers, potato chipper, potato peeler, stainless steel purchaserreparation table, double sink and drainer, etc.

Walkin cold room.

Dry store.

Staff changing / rest area. Washing machine.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 60% approx.

There is huge potential to increase turnover by introducing delivery and online sales.

Staff

The business is at present operated by the vendor with 2 full time staff (including the chef) and 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11 a.m. - 9.30 p.m.
SUNDAY 12 noon - 9 p.m.

Outside

Garden to rear.

Parking for 3 vehicles.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £20,000 p.a.

Business Rates from April 2025 £600 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE APRIL 2025

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 110,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote