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.
Asking Price:
GBP £69,500.00
Our Ref:
5161
Terms of Sale:
Unspecified
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
No. of Employees:
3 Part-time assistance
Expansion Potential:
Lots of potential to increase trading hours, as the Business currently operates very limited opening hours due to ill health
Trading Hours:
11.30am – 2.00pm and 5.00pm – 9.00pm Monday to Friday.
Reason 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.
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed
Website:
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.