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Takeaway for sale

22 Herlington - PE2

£79,950

Property Description

Commercial information

  • Business for sale

Key features

  • Well established traditional fish and chip takeaway
  • Wt £2,400, 6 days only, scope to extend hours
  • Prime main road position busy parade of shops
  • Currently run under management, viewing recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to acquire an established and well known traditional fish and chip takeaway with 12 covers, a delivery service and a licence to sell alcohol. The business also uses the services of Just Eat. The business occupies a prime trading position on a busy parade of shops in Orton Malbourne, Peterborough.

The business is ideally situated in a densely populated area of residential dwellings on a busy parade of shops, ensuring the area is a hive of activity throughout the day and night, generating high levels of regular local trade. The business also benefits from free off road customer parking.

Having successfully operated in the locality for many years, this highly renowned business has earned a truly enviable reputation for offering the finest fresh cuisine with a warm, friendly service.

The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity, as well as from neighbouring villages and towns. The business is currently management run with a part time owner and one other member of staff.

The single fronted mid terraced ground floor lock up premises, provides an impressive fully tiled sales area, which is light and airy creating a welcoming environment. The business is fitted to an exceptionally high standard with an extensive range of excellent quality catering equipment, including a four pan gas counter range with hot display.

This is a successful and highly lucrative business, yet still offers potential for further improvement. The business would ideally suit an ambitious and energetic couple who can extend the hours until later into the evening, with the opportunity to also expand the menu.

These enhancements will undoubtedly increase the weekly sales, whilst ultimately maximising the overall profitability.

In order to fully appreciate this exceptional business which is generating good profits, a viewing is highly recommended.


Sales
Currently shop sales average £2,400 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday — Saturday 11:30 — 21:00

STAFF
The business is operated under management with full/part time members of staff.

Building External
The mid terraced single fronted premises is a ground floor lock up property.

BUILDING INTERNAL
The impressive fully tiled sales area is light and airy creating a welcoming environment. The business is fitted to a good standard with an extensive range of excellent quality catering equipment, including a four pan gas counter range with hot display.

To the rear of the property is a superbly equipped preparation kitchen, with a potato room and a staff toilet.


RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 20 year lease which commenced in 2016. The annual rent is £12,000 exclusive (correct as advised on 27/06/16). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


SUMMARY
This is an excellent opportunity to purchase a first class business. A viewing is strongly recommended to avoid disappointment.


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