| (REF: BUS1002578) Recently refurbished fish and chip shop in Ashington |
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| Seller Reference: |
BUS1002578 |
| B4S Reference: |
25588 |
| Asking Price: |
£29,950
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Ashington, Northumberland, United Kingdom |
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PREMISES
The property comprises :
A public area to the front of house with fixed seating and tables for 10 people. Fully glazed frontage to main street with security shutters.
Behind the serving counter and range is a spacious working area with to the rear, a large open area for food preparation and storage. The area is fully tiled, very clean with new wall coverings throughout having been refurbished by new owners.
A very well presented fish and chip business.
LOCATION
Situated on Lintonville Terrace, very close to Ashington town centre and virtually opposite the new Asda Superstore in the town. Free parking close-by.
EQUIPMENT
A full inventory of equipment can be made available to serious enquirers, but suffice to say, the premises are very well equipped throughout with clean, well presented fixtures
TENURE
The property is available with a 20 year lease, which has in built 5 year break clauses. We understand that rent reviews are every 7 years.
Rent payable until 4/13 - £8,000 per annum
Rent payable 4/13 to 4/14 - £10,000 per annum
Rent payable 4/14 to 4/18 - £12,000 per annum
Rent review due April 2018.
The premises are free of Business Rates until October 2012. Renown Commercial Ltd has not seen the lease and would advise any interested party to make their own enquiries to verify this information.
FINANCIAL INFORMATION
Given the business has just been trading in the hands of the new owners for a matter of weeks, no meaningful financial information is to hand. That said, early figures suggest takings in the region of £1,200 per week.
OPENING TIMES
Mon - Sat 11.30am - 6.00pm (except Wednesday)
Wed 11.30am - 2.30pm T
The premises are able to trade during evenings, the current owners are unable to so due to personal circumstances.
SUMMARY
A very well presented fish and chip takeaway that benefits from a good location and an excellent reputation.
Unfortunate circumstances dictate the need for sale and the owners will consider reasonable offers for the business.
Viewings to be arranged via Renown Commercial Ltd.
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Property: |
Leasehold |
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Lease Terms: |
See above |
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Current Rent: |
See above |
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Living Accommodation: |
No |
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Location: |
See above |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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