Traditional Fish & Chip Shop in Kent For Sale

Situated in a parade, main road trading position, residential & industrial area, KENT

Turnover £ 6,000
Price £125,000

Features

Traditional Freehold Fish & Chips Shop

5 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH DOUBLE DOORS AND ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot and fluorescent lighting, Preston & Thomas counter range (3 pan), cash register, menu board, Coca-Cola fridge.

Kitchen with potato chipper and peeler, double Fish fridge, double freezer, double fridge,, preparation table, stainless steel preparation table, larget butler sink.

Outside Toilet with w.c..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 50% approx. (NO DELIVERIES)

Staff

The business is at present operated by the Husband & Wife team with the assistance of 3 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 11.30am - 2.30pm then 4.30pm - 10 pm

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

Outside

Parking space for 2 car.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £17,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1979, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote