Well Established Takeaway Fish & Chips, Burgers & Cafeteria Catering For Breakfasts, Lunches, Snacks, Teas And Coffees | | Undisclosed Norfolk | | Terraced property situated in a parade, opposite sea front, NORFOLK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68301
ADVERT IMPRESSIONS : 23,794 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : The business has been in the same family for the past 32 years and there are genuine reasons for sale.
Front garden area with tiled floor. Space for tables and chairs for approximately 20 persons.
SPACIOUS DOUBLE FRONTED TAKEAWAY FISH & CHIP SHOP plus RESTAURANT, tiled floor, ceiling lighting. Tables and chairs providing seating for 185 persons (can be increased to accommodate 200 persons). Fully equipped including stainless steel extractor, 2-pan gas Preston & Thomas counter range, 2 electronic cash registers, upright glass fronted drinks fridge, soft drinks dispenser (on loan), 2 single door counter fridges, 8' Excel display cool unit (for cakes etc), 2 group coffee machine, Stills boiler, 2-burner hob (used for omelettes), 4 commercial microwave ovens, electric deep fryer.
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with large urinal, w.c. and wash hand basin
REAR KITCHEN, rotisserie chicken machine, grill, 2 6-burner gas cookers, walk-in coldroom, walk-in deep freeze.
WASH-UP AREA with dishwasher, double sink and drainer
Storeage area
Location : Terraced property situated in a parade, opposite sea front, NORFOLK
Opening Hours : Winter Months - 9 a.m. - 9 p.m. seven days per week
Summer Months i.e. June - September inclusive - 8 a.m. - 9 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. We are further advised that the minimum winter turnover is in the region of £4,000 p.w. increasing in the summer months to in the region of £15,000/£20,000 p.w.
Tenure : The vendors own the freehold and subject to satisfactory references are prepared to grant a new 21 years full repairing and insuring lease in respect of the restaurant with 2 flats at a rental of £23,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (As will be appreciated with rental income from the 2 flats in the sum of £12,960 p.a. the present net rental payable is only £10,040).
Uniform Business Rates: £7,000 p.a. approx.
AS STATED THE BUSINESS HAS BEEN IN THE SAME FAMILY FOR THE PAST 32 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation comprises 2 FLATS.
Flat No. 1 at present let on a shorthold tenancy and is providing a rental income of £640 per month, however, we understand that vacant possession can be given on completion. The flat comprises:
2 Double Bedrooms
Bathroom with bath, separate shower, w.c. and wash hand basin
Large Lounge (with sea views)
Large Kitchen
Flat No. 2 also at present let on a shorthold tenancy and providing a rental income of £440 per month, however, we understand that vacant possession can be given on completion, if required. The Flat comprises:
1 Double Bedroom
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchen
Outside : Rear secure parking for 6 cars
Staff : The business is at present operated by a husband and wife team. Staff employed during the winter months 3 full time and 5 part time staff. During the summer months mainly at the height of the season the vendor employs an additional 5 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | R2932 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
