Restaurant for sale
Property description & features
Rooms
Location
The premises is situated within an established parade of shops, in a densely-populated residential community benefitting from both free lay-by parking and a bus stop directly to the front of the premises.
Tenure
Approximately 7 years unexpired of a renewable lease at a current rental of £15,400 per annum exclusive, inclusive of the 4 bedroom flat.
Premises
Trading from a terrace parade of shops with fascia board, glazed frontage and single glazed entrance door leading into the premises which is arranged as follows:
Main Takeaway Area
With suspended ceiling, panelled lighting, tiled flooring, tiled floors, customer seating, drinks display fridge, 3-pan range (Shire by Bremith), heated display counter, 2 x microwaves, griddle, under-counter fridge, till, wash-hand basin and small under-stairs store cupboard. A door at the rear of this area leads into a PREP ROOM with tiled flooring, strip lighting, various stainless steel prep tables, stainless steel large double fridge, chest freezer, stainless steel fridge, microwave, oven and Bain-Marie. An opening at the rear of the prep room leads into a SECOND PREP ROOM equipped with double stainless steel sink, large fridge, chipper, peeler, tiled flooring, Henny Penny chicken machine and a WC. Door at the rear of this area leads outside to a COURTYARD AREA and a LARGE DOUBLE GARAGE with chest freezer inside.
Self-Contained Flat
Self-contained large 4-Bedroom Flat accessed via a door from the front of the property leading to a staircase up to the flat which is arranged over the first and second floor of the property providing 4 bedrooms, kitchen, lounge and bathroom. (Gilbert & Rose did not inspect the accommodation).
Staff & Trading Hours
The business is run by the vendor on a full-time basis with the assistance of 3 part-time members of staff. Monday to Saturday 11.30 am till 9 pm. Closed on Sundays.
Turnover
We are advised that turnover currently averages £6,500 per week for shop sales only. There is massive potential to increase the current takings by incorporating a delivery service in addition to extending the trading days and times.
Business Rates Payable
Zero business rates payable.
Legal Costs
Each party are to be responsible for their own, with the landlord's legal costs to be split 50/50.
Summary
A nicely-fitted fish & chip shop with very strong established turnover from shop sales only, leaving massive scope to increase further by incorporating a delivery service, in addition to extending the trading days and times. Large 4-bed accommodation above. Viewing recommended.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.
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*DISCLAIMER
Property reference RX262293. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert & Rose Property - Southend-on-sea.
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Broadband availability and predicted speed: obtained from Ofcom on February 13, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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