Profitable Well Established Takeaway Fish & Chips Plus Restaurant Area For Sale - Dorset, Dorset, United Kingdom

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Advert Ref: R8820

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Asking price: £155,000

Sales revenue: £156,000

Business description: SPACIOUS SINGLE FRONTED PREMISES with tiled floor. Restaurant area with 7 tables, 28 chairs plus breakfast bar with 7 stools. The business is well equipped including 3-pan gas island counter range, marble topped counter, 2 electronic cash registers, 1 cool display unit for soft drinks, fish fridge, small deep freeze.Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basinKitchen at rear with dishwasher, sink, wash hand basinPreparation room with potato chipper and peeler, 4 deep freezes, 1 fridge, 1 under-counter fridge, sink and drainerPotato stockroom

Employees: The business is at present operated by a husband and wife team with the assistance of the son plus additional family when required.

Trading hours: Frying Hours Tuesday - Saturday inclusive - 12 noon - 2 p.m. Evenings - Monday - Saturday inclusive - 5 p.m. - 9 p.m. During the summer months evening opening is extended to close at between 9.30/10 p.m.

Property : Leasehold

Lease terms: The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £19,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter after every 3 years. Uniform Business Rates: £1,600 p.a. approx. THIS OLD ESTABLISHED FISH & CHIP SHOP HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT. RECOMMENDED FOR EARLY INSPECTION

Living accomodation: The accommodation in the form is a SELF CONTAINED FLAT over, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Double Bedrooms Bathroom with bath, shower, w.c. and wash hand basin Lounge Kitchen with fitted units

Location: Situated in a parade, main road trading position, expanding residential area, DORSET

Expansion potential: WE ARE INFORMED the turnover averages in excess of £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 70%.

Reasons for selling: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.