Takeaway Fish Chip Shop Plus Restaurant The Business Has A Restaurant Licence For The Sales Of Wines, Beers And Spirits for Sale
Leasehold : £ 249,000
Freehold : £ 620,000
Turnover : £ 8,000 p.w.
Occupying a corner position, excellent main road trading position, within 400 metres of a local secondary school, popular seaside town, ESSEX
WE ARE INFORMED the turnover currently averages £8,000 p.w. inclusive of VAT, in our opinion offering further potential to increase in the right hands. Gross profit 55% approx. We are further advised that the sales year ending 31st March, 2015 showed in the region of £336,729 (net of VAT) with a gross profit of £190,881.
||The spacious living accommodation in the form of a SELF CONTAINED FLAT over, all modernised and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy to a friend and provides a rental income of £600 per month, however, we understand the market value is in the region of £750 per month & vacant possession can be given on completion, if required. The spacious Flat comprises:
Large Lounge approx. 35ft long with seaviews
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
We understand the vendor has recently received planning permission for the first floor area to be utilized as a Fish & Chip Training School, if desired.
||TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £249,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £620,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT