FISH & CHIP SHOP CITY SUBURB NOTTINGHAM - Business 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.

Ref: 5161


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.

Asking Price: O/A £69,500 + s.a.v.

Turnover in the region of £2,000 p.w.

Detailed Information

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

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

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

Website: http://www.rsbusinesstransferagents.co.uk

Real Estate Information

Property Type: Leasehold

Lease Terms: New Lease offered

Leasehold Rent: Undisclosed

Location: Busy residential & industrial location/outskirts of City Centre

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 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.