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Listing ID: 3211214
We understand from the Vendor that the present Lease has a annual rent of £40,000, which is off set by Rent Income from adjacent Coffee Shop, producing some £12,000 p.a,making net rent to find of just £28,000 p.a.
Prominent very attractive multi fronted trading position within a modern well represented parade fronting onto busy main through road close to all town centre amenities, within very popular and fashionable area that generates solid trading.
Brief range of trade equipment to include 5 pan Mallinson Island range, Bold 56lb rumbler, chipper, stainless steel bath, 9 tray fish fridge, fat filter, Merry Chef oven, large refrigerated salad bar, computer till, various refrigeration equipment, all crockery, cutlery and glassware. Full inventory will be provided prior to completion.
Fully refurbished in recent years with valuable inventory and well presented throughout offering a walk in trading opportunity which will be evident on viewing. Run under part time management with a hefty wage bill which could be substantially reduced by a capable team. Photos available upon request.
Long established high turnover traditional Fish & Chip business incorporating a 60 seater restaurant and separate takeaway facilities. Audited gross turnover to April 2018 produced sales of £660,000 and/or £13,200 per week from restaurant, takeaway and limited deliveries. Part management controlled. Business held on secure Lease of £40,000 per annum less a rent income from adjacent shop producing £12,000 per annum. Very prominent well fitted and equipped concern complimented by an excellent arrange of trade equipment. Stuated in bustling location which is secured by continued local and passing trade throughout the year. Same English family ownership for many years, who are now looking towards retirement.
Trading 7 days a week from 11:30 am to 10:00 pm.