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House for sale

Successful Fish and Chip Shop, Gillingham

Offers Over £85,000

Property Description

Key features

  • Fish & Chip Business For Sale
  • 3000 - 4000 Per Week Turnover
  • 11,000 Per Year Rent
  • No Business Rates
  • 14 Years Lease Remaining
  • Includes Flat above with Income of 10,400 Per Annum

Full description

*** BUSINESS OPPORTUNITY *** CENTURY RESIDENTIAL are delighted to offer for sale this FISH AND CHIP takeaway business. The shop has been running for 50 years and has developed a regular local customer base. The property is a short walk from Gillingham Town Centre and Train Station.

Price for business is £90,000 (Includes goodwill and fixtures and fittings)
Lease Term: 16 years from 2014 (14 Years remaining)
Rent: (Includes Shop and Flat) £916.67 Per Month / £11,000 per year (payable monthly in advance)
Deposit: £0 Rent
Review: Every 5 years
Business Rates: Currently £0 due to small business rates relief
Turnover: £3,000 - £4,000 Per Week
Profit Margin: 50% Income from 2 Bedsits above Shop (£100PW/£433.33PM/£5,200PA) - Inclusive of bills
Current Staff: 3
Opening Hours: Mon - Sat (11:15am - 10pm) Sunday (4pm - 8pm)
Deliveries: Yes

FEATURES INCLUDE:

Shop Front - 7.62m x 3.35m (25 x 11) -

Kitchen - 7.01m x 3.96m (23 x 13) -

W/C -

Cellar -

Back Yard - 7.01m x 4.57m (23 x 15) -

Parking For 1 Car -

Two Bedsits -




More information from this agent

Listing History

Added on Rightmove:
07 November 2016

Map & Street View

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