Magnificent Fish & Chip Restaurant And Take Away Town Centre Location Major Essex Town | | Basildon Essex | | MAGNIFICENT FISH & CHIP RESTAURANT AND TAKE AWAY TOWN CENTRE LOCATION, MAJOR ESSEX TOWN £149,994 LEASEHOLD + SAV IT’S A CRACKER CALL TO VIEW- 01702 602888 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72676
ADVERT IMPRESSIONS : 9,401 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fish & Chips Shops | | SALE: | Agent Sale | LEASEHOLD: | £149995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | TURNOVER £7,000 PW
FIRST FLOOR RESTAURANT
ACCOUNTS AVAILABLE
68 FIRST FLOOR COVERS
HUGE POTENTIAL
FULLY FITTED KITCHEN
36 GROUND FLOOR COVERS
MUST BE VIEWED
NEW LEASE
VERY BUSY LOCATION
LOCATION:
Paviour Property Services Limited are favoured with instructions to offer for sale this extremely well established Fish and Chip Restaurant and Take Away, situated in the Town Centre of, possibly, the busiest Town Centre in Essex. The Fish and Chip shop is surrounded by all the familiar stores and Banks such as Barclays, Santander, W H Smith, Boots, Debenhams and J A Sports. The shop has a huge footfall of traffic every day of the week.
DESCRIPTION:
As previously mentioned, this Fish and Chip shop is situated in the Town Centre of this extremely busy and very well known Market Town. The Restaurant is approached directly from the pedestrian walk way via glass doors. Adjacent to the doors are two serving hatches for ice creams or chips directly to the walk way.
The Frying area is superbly fitted and all equipment has been replaced within the last three years and to include a four pan Tom Ford range with two chip warming pots and heated glass display cupboards over.
In addition, in the frying area, there are two microwave ovens, ice cream freezer. To the rear of the property is the preparation area with all the necessary equipment including potato rumblers, chippers and fish freezers and fridges.
The Restaurant, which is situated to the rear of the property comfortably seats 36. There are menu boards in the Restaurant and the Take Away area.
Access to:
First Floor Restaurant:
Which has 68 covers and a central counter. Ladies and Gents wc’s and a fully fitted kitchen to include six ring gas cooker with ovens beneath, charcoal griddle, deep fat fryer, four pot bain marie, stainless steel work surfaces, stainless steel sink unit, Coke and Lemonade post mix dispenser, toaster, freezers and fridges.
Access to second floor – various rooms on the second floor. The Vendor advises plans have been passed to convert the second floor to living accommodation.
TURNOVER:
We understand from the Vendor the current turnover, even in these depressed times, is in excess of £7,000 per week with a net profit being shown on accounts of in excess of £50,000 per annum.
TENURE:
The Vendor is currently negotiating a new lease at the existing rental and these negotiations could be taken over by any prospective purchaser.
OPENING HOURS:
The Restaurant and Take Away is currently open from 9 am until 7 pm Monday through to Sunday.
STAFF:
The current Vendor employs five staff on a full time and part time basis.
PRICE:
We are instructed by our Client to offer this most lucrative business for sale at the very realistic price of £149,995 to include the new lease, goodwill, abundance of fixtures and fittings, stock to be purchased at valuation.
AGENT’S NOTE:
This genuine business, already taking excellent money and showing profits in excess of £50,000, still has huge potential for improvement. The first floor restaurant has not been used for the last few years and would ideally be suitable for an Indian or Chinese Restaurant. The rear of the property, which would make an ideal entrance for the first floor restaurant, is adjacent to the largest car park in the Town and also two minutes walk of the multi storey car park.
By virtue of this business being located in a Town Centre location, the rental figure reflects the superb location and even after Town Centre expenses, the profit is still £50,000. Genuine opportunity for experienced caterer.
VIEWING:
By prior appointment with PPS on 01702 602888.
TERMS:
The Purchaser is to be responsible for the Vendor’s legal fees and the Landlord’s costs in assigning the lease.
Misrepresentation Act 1991: Paviour Property Services for themselves and for vendors or lessors of this property whose agents they are give notice that: (1) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (2) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (3) no person in the employment of Paviour Property Services has the authority to make or give any representation or warranty or enter into any contract whatever in relation to the property; (4) rents or prices quoted in these particulars may be subject to VAT in addition. | | | | | | FOR SALE | | | | | REFERENCE: | C/298 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
