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Town Centre Fish & Chip Shop with 20 cover seating area

Undisclosed, Undisclosed
Leasehold Price:
£130,000
Annual Rent:
£16,000
Status
FOR SALE
Advert ID
259264

Newly refurbished fish & chip takeaway with seating for 20 on a prime corner plot with three way frontage.

Affulent Lincolnshire market town.

No expense spared full refurb top to bottom in shop, seating area & prep rooms.

Main town car parks next to the shop.

Business rates currently £800 a year after small business rate relief but a check is currently in place as they've used slightly wrong measurements and our measurements will bring RV under £12,000 and therefore make rates ZERO.

3 Pan Hopkins High Efficiency range, three screen digital menu,15 stone fish fridge, quality potato prep line, fridge, freezer, slush machine, chest freezer, CCTV, Epos with website/online ordering, kitchen screen all included. Shop has been a fish & Chip shop for 35 years, with full refurb in January 2020.

Turnover averages £5750 / week. 14 years remain on lease, rent this year £15,000 rising to £16,000 next year. Review every five years. Secure renewable lease. Optional fully branded vehicle available as well by separate negotiation.

We want a quick sale and are willing to offer finance on 25% of the sale price over two years, meaning £97500 up front and £32500 over two years with a low 6% fixed interest rate (subject to satisfactory credit report and being a homeowner - not secured on property must just be a homeowner).

Listing Details
Leasehold Price: £130,000
Annual Rent: £16,000
Tenure: Leasehold
Location: Undisclosed, Undisclosed
Sector: Take Aways Businesses, Fish And Chips Shops, Restaurants
Financials
Annual Turnover: £300,000
Annual Net Profit: Available upon request
Key Features
  • Small Business
  • Fully Fitted
  • Attractive Business
  • Adjacent to Multiple Retailers
  • Prime Location
  • Unique Business
  • Town Centre location
  • Owner Financed
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