Rosens Ref:  SOM360  Freehold Price :   £545000

Location: Somerset


Hover over the picture to stop the picture, Also click on the right or left arrow to change the picture

SOMERSET, POPULAR COASTAL TOWN. HIGHLY PROFITABLE TRADITIONAL FISH & CHIP TAKEAWAY WITH 70 SEATER LICENCED RESTAURANT, DOUBLE FREEHOLD PROPERTY REFURBISHED TO HIGH STANDARD IN 2014, STAFF OPERATED, SAME HANDS PAST 17 YEARS.

AVERAGE TRADE:
Gross audited weekly sales in excess of £8,000 for year ended January 2018 showing ADJUSTED ANNUAL PROFITS IN REGION OF £102,000, which can be further increased as run under management with a high wage structure that can be reduced by owner operator.

TENURE:
To include Double Freehold shop plus flat above.

TRADING:
Monday to Thursday, 11.30a.m. - 2.30p.m. & 5.30p.m. - 10.00p.m. Friday and Saturday, 11.30a.m. - 10.00p.m. Sunday, 12 noon - 10.00p.m.

ACCOMMODATION:
Above the shop is a self contained flat comprising of a bedroom, lounge, kitchen, bathroom all having the benefit of central heating, being currently let out at £150 weekly. However vacant possession is available. The accommodation could be easily extended (see below).

BUSINESS PREMISES:
An ultra modern double Freehold property having fully glazed frontage fitted with colourful extending canopies under eye-catching illuminated signage. Contemporary welcoming sales area has quality tiled walls & floor with a full width serving counter plus a 4 pan Hopkins island range behind with overhead illustrated menu options. Separate entrance to delightful restaurant with deep fitted carpets, unusual feature tiled ceiling, oak & tiled walls all providing a restful ambience. Comfortable seating for 70 at oak topped tables with padded chairs and a party alcove with additional seating for 12/14. Combined kitchen/preparation room leads through to potato room and rear access to small courtyard. The first floor has staff facilities, dry storage, attic and large office with door to flat which could be used to improve the size of the accommodation if required.

EQUIPMENT:
First class inventory includes a modern 4 pan Hopkins island range, integral drinks cabinet, t.v. screen menu options, Lincat fryer, griddle, 2 commercial microwaves, toaster, computerised tills, stainless steel drinks cabinet, hot water boiler, chipper and peeler, useful range of fridges and freezers and trade utensils.

POSITION:
Town centre situation close to multiple traders and serving a good quality extensive residential district. The business enjoys a fine local reputation attracting trade from surrounding residential areas. Designated roadside parking available outside.

SPECIAL REMARKS:
An expensive refurbishment and upgrade in 2014 provides for a well presented spotless trading unit run entirely by staff. An opportunity exists for new proprietors to introduce a local delivery service. Highly lucrative concern well worth viewing.

PRICE:
£545000 FREEHOLD PERSONALLY INSPECTED BY SOLE SELLING AGENTS