Fish & Chip Shop In Nottingham City Suburb For Sale

Business description

BUSY RESIDENTIAL/INDUSTRIAL LOCATION

LONG ESTABLISHED BUSINESS

EXTENSIVELY FITTED & EQUIPPED CONCERN

SALES I.R.O.£2,000 PER WEEK

1 BED APARTMENT OVER WITH CONSENT TO SUB-LET

O/a £69,500 + S.A.V.

This well established and highly profitable concern is conducted from extensively equipped and well presented premises, ideally positioned to a densely populated residential & industrial Nottingham City suburb. The business is that of a traditional Fish & Chip Fryers also serving Kebabs and the usual support menu. The concern is conducted by the 2 vendors with the assistance of part-time staff. Due to the vendor’s ill health the business operates within very limited opening hours from Monday to Friday only (32.5 hours per week) – This must give huge potential to increase the Sales and Profits by expanding the trading hours. To the first floor and above is a centrally heated one bedroom apartment, currently let by way of a six month tenancy agreement with a rental income of £325 p.c.m.x. The vendors are prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.

Property information

Property:

Leasehold

Lease terms:

New Lease offered.

Living accommodation:

SELF CONTAINED APARTMENT with consent to sub-let:- KITCHEN: - 13’00” x 12’00” approx' LOUNGE:- 13’00” x 12’00” approx' Staircase to Second Floor (Loft conversion) BEDROOM: 12’00” x 9’7” approx' BATHROOM:- Panelled bath, pedestal wash hand basin and W.C.

Location:

The business is situated to a busy secondary route leading to a Major road to the City Centre.

Extensively equipped and well presented premises, ideally positioned to a densely populated residential & industrial Nottingham City suburb.

Premises details:

SALES-SHOP:- 18’00” x 13’00” approx' Terrazzo tiled floor, ceramic tiled walls. Suspended and illuminated ceiling. Fully fitted and equipped with BATEMAN double pan gas range.

PREP’ ROOM:- 12’00” X 9’6” approx' Terrazzo tiled floor, ceramic tiled walls. Well fitted and equipped with s/s sink and drainer cupboard unit, wash hand basin.

CHIP ROOM: - 7’6” x 7’2” approx' Rumbler and chipper.

BATHROOM:- With W.C. and wash-hand basin

BASEMENT:- Containing 2 Storage Rooms

Living Accommodation Description

SELF CONTAINED APARTMENT with consent to sub-let:-

KITCHEN: - 13’00” x 12’00” approx'

LOUNGE:- 13’00” x 12’00” approx'


Staircase to Second Floor (Loft conversion)


BEDROOM: 12’00” x 9’7” approx'


BATHROOM:- Panelled bath, pedestal wash hand basin and W.C.

Business Operation

Expansion potential:

Lots of potential to increase trading hours, as the Business currently operates very limited opening hours due to ill health.

Reasons for selling:

The Business is offered for sale Due to the vendor’s ill health.

Trading hours:

11.30am – 2.00pm and 5.00pm – 9.00pm Monday to Friday.

Employees:

3 part-time assistants

Other information

Support & training:

The vendors are prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.