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Reference R1287
Situated in a parade, excellent main road trading position, residential, office and commercial area, close to School & Hospital, NORTH EAST SOMERSET. BRISTOL
Turnover £ 1,600
Price
£65,000
Features
Well Established Fish & Chips Plus Kebabs
5 STAR HYGIENE RATING
SINGLE FRONTED PREMISES in the region of 800 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED lighting, 3-pan Midlington Chip fryer, 2 chip dumps, EPOS till, stainless steel extractor unit, 3 chest freezers, kebab machine, 4-pot bain marie, grill, chicken rotisserie, pie warmer.
OPEN PLAN KITCHEN area, potato chipper & peeler, fish fridge, drinks fridge, small salad fridge.
Office
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,600 p.w. with a gross profit of 65% approx. (NO DELIVERIES)
Staff
The business is at present operated by the vendor & his son with causual staff as required. All shop sales, no delivery no platforms.
Trading Hours
5 DAY WEEK
TUESDAY - SATURDAY - 12 noon - 2 p.m. & 5 p.m. - 10 p.m.
Accommodation
THE SELF CONTAINED ACCOMMODATION, Double-glazed windows with Gas Fired Central Heating, at present let on a shorthold tenancy providing a rental income of £900 per month. The accommodation comprises:
2 large double bedrooms
Kitchen
Open plan Lounge.
Bathroom with bath, w.c. and wash hand basin
Outside
Garage plus 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 2008 with reviews every 5 years (next review March 2023) at a current rent of £10,250 p.a. (As will be appreciated with the current rent of £10,800 p.a. from the accommodation at the present time there is a profit rent of £550 p.a).
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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