NORFOLK, POPULAR RESORT TOWN. HIGHLY PROFITABLE FISH & CHIP/GRILL RESTAURANT AND TAKEAWAY WITH DELIVERIES, TASTEFULLY STYLED AND WELL EQUIPPED, PRIME SEAFRONT LOCATION AMONGST USUAL SEASIDE ATTRACTIONS, LARGE FULLY DETACHED PREMISES OFFERED WITH NEW LEASE, HIGH TURNOVER WITH GOOD AUDITED ACCOUNTS AVAILABLE.
TENURE:
The Seller will grant a new 20 years Lease with reviews every 4 years at a initial rent of £50,000 per annum for this top seafront premises that's surrounded by usual attractions.
TRADING FIGURES:
NET AUDITED SALES OF £684,500 for year ended 31st October 2023 OVER 42 WEEKS TRADING HAVING PROFITS IN THE REGION OF £166,000. Peaking up to £60,000 weekly during height of very busy season and could do more with later openings and is steady the rest of the year. The trade is mostly restaurant with the balance takeaway and deliveries.
TRADE EQUIPMENT:
Good inventory of trade equipment to include a 4 pan 'Florigo' island range, 2 'Epos' tills, stainless steel fish keeper, dish washer, 2 salamander grills, small freezer, 2 glass fronted drink cabinets, triple door under fridge, grill, walk in fridge & freezer, chipper and 56lb peeler plus usual items associated to the trade.
SPECIAL REMARKS:
A fine opportunity to purchase a highly turnover business that is showing excellent annual profits in the region of £166,000 for year ended 31st October 2023 over 42 weeks trading. The shop was established by the Seller in 2014 and is in good order throughout, also having the benefit of a new Lease and is in a prime seafront location which be hard to better.
IDEAL PURCHASE FOR CAPABLE OPERATOR TO TAKE FORWARD.
PERSONALLY INSPECTED BY SOLE SELLING AGENTS
