Seasonal Profitable Fish & Chip Shop in Somerset For Sale

Excellent High Street trading position, SOMERSET

Turnover £ 5,000
Price £89,500

Features

Busy Traditional Fish & Chip Shop

34 WEEKS OPEN.
6 DAYS OPENING
FORECOURT WITH BENCH SEATING FOR 40 PEOPLE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,500 ft² with industrial non-slip floor, ceiling with spot lights, sales counter, 3 pan counter range, EPOS till, chip dump, Fish fridge, freezer, Pepsi drinks display fridge (glass fronted upright), music sound system. Tables and chairs providing seating for 32 People, CCTV system (4 cameras, 1 monitor)

Bar with under counter fridges

Toilet with w.c. and wash hand basin.

Preparation room, Potato chipper & peeler.

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

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES AND 34 WEEKS OPEN)

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Staff

The business is at present operated by the 2 partners with the assistance of 3 part time staff as required.

Trading Hours

CLOSED OCTOBER - FEBRUARY
6 Day week
TUESDAY - SATURDAY 12 noon - 2.30pm then 5pm - 7.30pm
SUNDAYS 12 noon - 3pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £13,200 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote