Restaurant for sale

Herlington, Orton Malborne, Peterborough

Guide Price £75,000

Property Description

Key features

  • Trading Business
  • Densely Populated Location
  • Low Rent
  • Zero Rates
  • Long LTA Lease
  • Alcohol License
  • Consistent Turnover
  • Operating on Short Hours
  • Massive Growth Potential
  • Turn Key Business

Full description

Established Fish and Chip shop in busy, densely populated area. Consistent Turnover, Nil Rates, Low Rent and Long Lease make this very attractive

The Business - Vibrant Single (Glass) fronted Fish and Chip Shop.
Complete with Alcohol License.
Customer service area:
Well appointed with tiled flooring, high servery area comprising:
Preston and Thomas 4 x Pan gas Range which has recently been updated and is fully automated meeting the current standards.
Donner Grill with 2 x rotation stations.
Electronic Cash Register.
2 x large single door glass fronted display fridges.
Prep Rooms x 2:
2 x Stainless Steel prep tables.
Under-counter storage.
2 x Double Sink plus Drainer.
1 x Gas Cooker.
1 x Potato Peeler.
1 x Chipper.
3 x Fridges.
2 x Freezer (Upright and Chest).

1 x Staff Changing Room and W.C.

The current owner has enjoyed proprietorship of this business now for quite some time, but has made the decision to offer it for sale to pursue other business interests.
Financially stable and offering a good income, it is acknowledged that a fresh custodian would be able to branch out and develop the business further and would benefit massively from the growth potential that the Alcohol License and outdoor dining area brings, combined with greater opening hours, more diverse menu and marketing promotion.

Location & Area - This well established business enjoys a prominent trading position within a shopping parade. Hugely beneficial companion businesses nestle side by side in this popular, densely populated residential suburb of Peterborough.

Externals - Potential for external seating/dining area to the front is realistic.

Staffing - Currently this business employs 2 x Full Time and 1 x Part Time staff members with the business owner engaged in his other business activities, a hands on owner operator would realise much greater income, and would form a business growth plan very quickly.

Trading Hours - Currently the business is only operating:
Monday - Thursday 16:00 - 21:00
Friday & Saturday 11:30 - 21:00
Sunday - Closed.
Clearly a new owner would breathe life into the business and would undoubtedly capitalise on greater operating hours and potentially a wider choice provision such as Pizza/Pasta.

Price & Tenure - Offered on a secure, renewable lease with circa 17 years left to run.
Annual Rent is £12,000.
Business Rates are Nil payable after Small Business Relief.
Price £75,000 no VAT including Goodwill, Fixtures and Fittings.
Stock at Valuation to be agreed.

Finance - An early discussion about finance can often save time and disappointment, talk to KSA Commercial about securing independent financial advice from our list of approved brokers in our “One Stop Shop”

Viewings - Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email info@ksa-commercial.co.uk You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.


More information from this agent

Nearest station

  • Peterborough (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

KSA Commercial , Lincolnshire

Unit 12 Glen Industrial Estate, Essendine, PE9 4LE

01780 695050 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Peterborough (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

KSA Commercial , Lincolnshire

Unit 12 Glen Industrial Estate, Essendine, PE9 4LE

01780 695050 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 28188734. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by KSA Commercial , Lincolnshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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