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Leasehold fish and chips shop for sale in Deal Kent with potential for expansion

Deal, Kent

CONFIDENTIAL

  • Leasehold: £149,950
  • Rent: £14,936 (£1,245 per month)
  • Turnover: £364,000 (£7,000 per week)
  • Profit: Not Applicable

Business Details

LEASEHOLD FISH & CHIPS

LEASEHOLD FISH & CHIPS

BUSY UNOPPOSED RESIDENTIAL POSITION
4 BEDROOM SELF CONTAINED FLAT 
TURNOVER AVGS £7,000 PWK - NO DELIVERIES
LOW RENT


LOCATION
Prominently situated amongst a group of local shops serving a huge densely populated and affluent residential area on the outskirts of the sought after town of Deal. The town centre is approx, 1.3 miles away and the picturesque seafront and charming beach is a little closer.

BUSINESS
Well established, having been in the present hands for some 26 years and now only being marketed as a result of the vendors other business interests and wish to retire. Tremendous potential exists for the introduction of longer opening hours and more trading lines, plus deliveries. A large new housing development is planned in the area which should see further footfall to the business.

TURNOVER
Turnover averages around £6,000 - £7,000 pwk.
Please note that the vendor currently operates on a cash only basis with no social media or deliveries thus offering tremendous further potential.

STAFF
Currently operated by the vendor and his wife with 1 full time member and 1 part time member of staff.

HOURS
4.00pm to 9.00pm Mon to Sat
Closed Sun

PREMISES
Detached premises with attractive single frontage, single entrance to: Take Away Area: Tiled flooring, 3 pan Frank Ford range, st/stl worktops, counter, cash register, upright drinks chiller, 2 microwave ovens. fridge, upright freezer, st/stl hand wash basin, Small chest freezer, electric griddle plate, single electric hotplate. Access to side. Sep. WC with hand wash basin. Rear Prep Room: fully tiled, st/stl sink. Peeler, chipper. PVC chip bins. 
Large rear yard with patio area and separate garden area laid to lawn. Rear vehicle access and parking for 3/4 cars. Single garage. 
3 Store rooms: with shelving, 2 chest freezers, up right fish freezer, chicken rotisserie,

LIVING ACCOMMODATION
Approached via sep. side and rear entrances. Comprising. Ground Floor: Large Lounge, Kitchen/Diner: with wall and base units, ceramic sink. Door to rear. 
First Floor: Bathroom: Full suite, separate shower. fully tiled. 3 Double Bedrooms, 1 single bedroom.
NOTE: The accommodation is currently vacant. but could be sublet at £2,200 pcm.

TENURE
Approx 7 years remaining on a renewable 20 year lease. RENT: £14,936 P.A. (4 year reviews)

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

 

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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.

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.

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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.

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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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