Modern Fish and Chips Restaurant for Sale in Monmouth Monmouthshire
Monmouth, Monmouthshire
- Status
FOR SALE
- Advert ID
632654
- Leasehold: £72,500 (Stock at valuation)
- Rent: £18,000 (£1,500 per month)
- Turnover: £308,000 (£5,923 per week)
- Profit: On request
Key Features
- Town Centre location
- Established Business
- Fully Fitted
Business Details
Modern Fish and Chips & Restaurant
Fish And Chips Takeaway/ Restaurant in Monmouth, serving Fish and Chips, Sausages, Pies, Burgers and Doner kebabs. There is slight delivery service.
This popular, business has been in constant operation since 2010 and since 2017 with current client, central location, close to schools, all amenities and is all ready for new management. Benefits from established with excellent reputation in the area. Regular, repeat customers, excellent potential and a huge scope for growth .
The property does not require any additional input. Fully fitted and equipped to a very high standard. 3 Pan Hewigo range (full service history) with built in filtration system.
There is a huge basement area with a staff restroom with Toilet and Shower room.The business established from two shops space served by its own entrance. Therefore, it presents an excellent opportunity to expand to a second business or rent it out if desire.
The length of the lease is 10 years expiring 2034 and it is renewable. However, a new lease can be obtained. The annual rent is £18.000 and is reasonable for the size and the location. The current weekly intake is £5,500
It is owner operated but mainly staff run with 2 full time and 3 part-time staff.
Highly recommended and priced for a quick sale.
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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.
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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.
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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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