Takeaway Fish & Chip Shop For Sale

Business description

NO PARKING RESTRICTIONS. Parking in front of shop for 2 cars

SPACIOUS DOUBLE FRONTED TAKEAWAY FISH & CHIP SHOP. The equipment includes 3-pan gas counter range, electric cash register, glass fronted drinks fridge.

PREPARATION ROOM with potato chipper and peeler.

KITCHEN with gas cooker, large stainless steel fridge, large stainless steel deep freeze.

Storage area with 2 additional chest deep freezes
Staff w.c. and wash hand basin

Property information

Property:

Freehold

Lease terms:

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 12 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The SPACIOUS living accommodation all in GOOD CONDITION, comprises: 4 Bedrooms (3 doubles plus 1 single) Fully tiled shower room with double shower, w.c. and wash hand basin Large Lounge with open plan newly fitted kitchen area

Location:

Residential area, WEST MIDLANDS

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £380,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

6 days per week - 12 noon - 1.45 p.m. & 4.30 p.m. - 10 p.m.

Employees:

The business is at present operated by a husband and wife team with the assistance of family help.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance

Leasehold asking price:

£70,000