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Related Ads > Essex Business for Sale > LFish & Chips Shops to Let > Fish & Chips Shops in Essex for Sale 

Award Winning Fully Refurbished And Re-fitted Takeaway Fish & Chip Shop Plus Restaurant. The Business Has A Restaurant Licence For The Sales Of Wines

Undisclosed Essex
Occupying a corner position, excellent main road trading position, within 400 metres of a local secondary school housing over 1,000 pupils, popular seaside town, ESSEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68273
ADVERT IMPRESSIONS : 17,125 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fish & Chips Shops
SALE: Agent Sale

FREEHOLD:

£620000

LEASEHOLD:

£239950
 

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BUSINESS DETAILS:

Features : * LOCATED IN A POPULAR SEASIDE TOWN IN THE ESSEX REGION.

* SELF CONTAINED ACCOMMODATION
* 50 COVER RESTAURANT
* PARKING AT REAR FOR 6 CARS

Rarely does a freehold fish and chip restaurant with accommodation come to the market. The owner is only selling due to relocation and this profitable business must seen to be fully appreciated. The property occupies a corner position and benefits from parking to the rear. The whole property has undergone full refurbishment. The property is situated on a main road within 400 metres of local secondary school housing over 1,000 pupils in a well populated residential area with all year round trading, even though it is is seaside town.

SPACIOUS TAKEAWAY FISH & CHIP SHOP plus RESTAURANT with new ceramic non-slip floor. Well equipped including brand new high efficiency 4-pan range, cool display drinks cabinet, stainless steel double door fridge (for fish and pies), glass topped chest deep freeze, oil filter machine, touch screen till, salad preparation unit, 3-door stainless steel counter fridge, large bain marie with storage.

THE RESTAURANT AREA all well fitted to a high standard provides seating for 50 persons.

Disabled cloakroom with w.c. and wash hand basin

Kitchen area with stainless steel extractor unit, large griddle, gas double deep fryer, 2-door stainless steel counter fridge, 3 stainless steel microwave ovens etc.

Rear large preparation room. The equipment includes 2-walk-in coldrooms, walk-in deep freeze, potato chipper and peeler, steamer, Blodgett fan assisted oven, 4-burner gas cooker etc.

Store area
Office
Staff cloakroom with w.c. and wash hand basin

Location : Occupying a corner position, excellent main road trading position, within 400 metres of a local secondary school housing over 1,000 pupils, popular seaside town, ESSEX

Opening Hours : Monday - Friday inclusive - 11 a.m. - 8.30 p.m.
Saturday opening - 10 a.m. - 8.30 p.m.

However we understand 7 days a week trading is permitted if desired

Turnover : WE ARE INFORMED the turnover currently averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 55% approx.

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 £24,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,000 p.a. approx

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED TAKEAWAY FISH & CHIP SHOP PLUS RESTAURANT IN THIS EXCELLENT TRADING POSITION.

IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £239,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £620,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The spacious living accommodation in the form of a SELF CONTAINED FLAT over, all modernised and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy to friends and provides a rental income of £600 per month, however, we understand the market value is in the region of £750 per month & vacant possession can be given on completion, if required. The spacious Flat comprises:

Large Lounge approx. 33ft long with seaviews
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Fitted Kitchen

Outside : Parking for approx. 6 cars plus a courtyard

Staff : The business is operated by the vendor with the assistance of his wife on a part time basis plus 8 part time staff.
   
  FOR SALE
   

REFERENCE:

R2944 / RightBiz
   
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