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Traditional Fish & Chips Shop for sale, High footfall area in Southampton PRICE REDUCED

Southampton, Hampshire
Leasehold Price:
Offers Invited
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
221260

Details

This traditional fish and chip shop was recently modernised and upgraded by the current owner.

The business is currently operated by the owner with his family members.

Located on a High Street in Shirley with high footfall adjacent to McDonalds and Dominos. Potential to utilise this by extending opening hours including lunch hours.

Customer parking spaces at front of shop

Equipment included –

  • 2 Pan Preston & Thomas Radi-Heat Frying Range
  • Aries three Oil Filtration machine
  • Double Panini Grill
  • Tablet based POS system with till and printer
  • Dishwasher
  • 2 Upright fridges
  • 2 Chest freezers
  • 4 Burner Cooker
  • Microwave
  • Potato Peeler
  • Potato Chipper
  • Batter Mixer
  • And various other equipment as required to operate Fish & Chips Shop

 

Accommodation –

Self-contained flat above shop occupied by a family on AST. Current rent £650 per month received from the flat. The flat has separate entrance from the rear.

Tenure –

Remaining term of 25 years lease from March 2016.

Rent £14,000 per year.

Rates – 100% rate relief.

The owner needs to sell due to family reasons and other business commitments. He is currently unavailable to dedicate his time to the business to develop it further.

Opening Hours - five days a week 5pm to 9pm.

The owner needs to sell due to family reasons and other business commitments. He is currently unavailable to dedicate his time to the business to develop it further.

Prospective buyer - Must have the right references including 2x trade references, Bank reference and Accountant reference as minimum.

Landlord Deposit - The Landlord would require a deposit of £7000 as minimum.

BACK ON THE MARKET DUE TO TIME WASTER.

OFFERS INVITED

Listing Details
Leasehold Price: Offers Invited
Tenure: Leasehold
Sector: Fish And Chips Shops, Catering Businesses, Fast Food Businesses
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Offers Invited
  • Prime Location
  • With Accommodation
  • Established Business
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