FISH & CHIP SHOP WITH 3 BEDROOM FLAT
PRICE: £175,000 plus SAV – LEASEHOLD
LOCATION – NORTH ESSEX VILLAGE
REF: C0088E
FISH & CHIP SHOP WITH 3 BEDROOM FLAT trading from an IMPOSING DETACHED PROPERTY with a LARGE FORECOURT occupying a HIGH-PROFILE POSITION on the MAIN ROAD that serves TWO SEASIDE TOWNS from this NORTH ESSEX VILLAGE. The business has been ESTABLISHED SINCE THE 1950’s and has operated under the SAME FAMILY OWNERSHIP FROM 1984 and comes to market with a HIGHLY ENVIABLE REPUTATION along with a GENUINE REASON FOR SALE. The business is being sold with a FULL COMPLEMENT OF EQUIPMENT inclusive of A PRESTON THOMAS 3 PAN RANGE & A PRESTON THOMAS 2 PAN RANGE. The current takings average between £7,000 - £8,000 PER WEEK on a 40 HOUR TRADING WEEK offering HUGE SCOPE to increase revenues. A NEW SECURE LEASE is available at an asking rental of £30,000 PER ANNUM EXCLUSIVE, INCLUDING THE SELF-CONTAINED 3 BEDROOM FLAT. Rarely does such a well-established and VERY PROFITABLE fish and chip shop with accommodation become available so an EARLY VIEWING IS ADVISED by sole agents ESSEX AND SUFFOLK BUSINESS SALES.
- Asking Price:
- £175,000
- Turnover:
- £400,000
- Net Profit:
- £70,000
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£30,000 per annum
- Living Accommodation:
-
3 BEDROOM FLAT
- Location:
-
NORTH ESSEX VILLAGE
- Size in square feet:
- 1,850
Business Operation
- Reasons for selling:
-
RETIREMENT
- Years established:
- 70
