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Prime Sheerness Kent Fish & Chips Takeaway, 50-Seat Restaurant, £7k Weekly Turnover, 3-Bed Flat Included

Sheerness, Kent
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LEASEHOLD FISH AND CHIPS TAKE AWAY  AND 50 COVER RESTAURANT Photo 1
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LEASEHOLD FISH AND CHIPS TAKE AWAY  AND 50 COVER RESTAURANTLEASEHOLD FISH AND CHIPS TAKE AWAY  AND 50 COVER RESTAURANTLEASEHOLD FISH AND CHIPS TAKE AWAY  AND 50 COVER RESTAURANT
  • Leasehold: £159,950 (Stock at valuation)
  • Rent: £19,000
  • Turnover: £364,000 (£7,000 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Prime Location
  • Town Centre location
  • Established Business
  • High Turnover
  • Fully Fitted
  • Price Reduced

Business Details

LEASEHOLD FISH AND CHIPS TAKE AWAY AND 50 COVER RESTAURANT

PRIME LOCATION - TURNOVER £7,000 PWK - 3 BEDROOM SELF CONTAINED FLAT - 50 COVERS PLUS 20 OUTSIDE

Location

Prominently situated fronting the busy High Street of Sheerness, enjoying a tremendous volume of passing trade and serving a densely populated residential area. The business enjoys tremendous all year round trade.

Business

Well established, having been in the present hands for some 4 years and now only being marketed as

a result of the vendors ill health. Tremendous potential exists for the introduction of longer

opening hours, more functions and events.

 

Turnover

£7,000 PWK @ 65% GP

Staff

Family Run plus 2 part timers

Hours

Monday to Saturday - 10.00am to 8.00pm (7 Days)  Sunday 12-8

Premises

Seating to front for 20. Imposing premises with attractive double frontage, single entrance to:  Restaurant Area: with 50 seats. Open plan Kitchen/Servery: 3 pan Sussex Catering range, counter, till, upright drinks chiller, 4 burner cooker, griddle, hot cupboard, fish fridge, upright chiller, 2 group espresso machine. Separate Ladies and Gents W.C facilities. Preparea: Upright chiller, deep st/stl sink. Peeler, chipper. PVC chip bins, walk in freezer. Outside: Courtyard Garden: Storeshed: 3 parking Spaces.

Living Accommodation

Approached via sep. rear entrance. Comprising.  Kitchen/Diner: fitted units, st/stl sink. Large Lounge: Bathroom: Full suite. 3 Double Bedrooms: Note: Tastefully decorated, Gas fired central heating, replacement UPVC double glazing.

Tenure

15 years remaining on current lease           RENT - £19,000 P.A. (5 year reviews - next review 2007)

EPC Rating

C Rating

Business Rates

TBA

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Listing Statistics

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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