Traditional Fish & Chip Shop in Kent For Sale

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

Price £130,000

Features

Traditional Fish and Chips Take Away

6 DAYS OPENING
4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 700 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot and LED lighting, 3-pan Hopkins counter range, Cash register, chip dump, Coca-Cola fridge, Fish fridge, fridge, small freezer, sink, CCTV system (3 cameras, 1 monitor).

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

Preparation room, double sink and drainer, potato chipper and peeler, 2 deep freezes, stainless steel preparation table, etc.

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the Vendor & Son (part time) with the assistance of 1 part time staff.

Trading Hours

6 Day week (11pm Licence)
MONDAY - THURSDAY 12 noon - 8.30 pm
FRIDAY 12 noon - 9.30pm
SATURDAY 12 noon - 8.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,420 per month. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £25,000 p.a.

(As will be appreciated with the rental income currently of £17,040 p.a. in respect of the self contained accommodation, making the rent payable just £7,960).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote