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(REF: R1656)  Old Established Virtually Freehold Takeaway Fish & Chip Shop
 
Seller Reference: R1656
B4S Reference: 20896
Asking Price: £200,000
Net Profit: Undisclosed
Sales Revenue: £130,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: United Kingdom
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Similar business types:
Fish and Chip Shops For Sale in Wales
  Business Summary   
  Nationwide are pleased to offer to the market : SINGLE FRONTED TAKEAWAY FISH & CHIP SHOP with fluorescent lighting. The equipment includes 2-pan gas counter range, electronic cash register, 2 upright glass fronted drinks display fridges.

Preparation room with potato chipper and peeler, 2 stainless steel fridges, 1 upright deep freeze, 1 chest deep freeze, double sink and drainer, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin

From the ground floor there is a separate entrance to the first floor, at present comprising a large Hairdressing Salon plus staffroom and staff cloakroom with w.c. and wash hand basin. The first floor is at present let on a weekly basis and provides a rental income of £100 p.w. This could obviously continue and in our opinion the first floor could be converted into private living accommodation, if desired.

WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx.

The premises are leasehold, the present lease having approximately 18 years unexpired at a NOMINAL GROUND RENT OF £1.52 P.A. fixed for the remainder of the term.

Uniform Business Rates: £580 p.a. approx.

THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 23 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £200,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, busy road, SOUTH WALES
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 7.30 a.m. - 9.30 p.m.
Sunday opening - 7.30 a.m. - 9 p.m.
The business at present opens early in the morning as the vendor also does breakfasts.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 7 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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