Rosens Ref:  HER468  Leasehold Price :   £99999

Location: Hertfordshire


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HERTFORDSHIRE. BARGAIN OPPORTUNITY, CORNER BUILT FISH & CHIP TAKEAWAY & DELIVERY BUSINESS WITH 22 COVER RESTAURANT, FIRMLY ESTABLISHED IN ACTIVE LOCAL SHOPPING LOCATION, HEALTH ISSUES FORCES SALE AFTER OVER 29 YEARS OF OWNERSHIP, REDUCED FOR QUICK SALE.

AVERAGE TRADE:
The seller reports sale of £4,000/4,500 per week, being a mixture of local and passing trade that boosted when nearby football team plays at home.

TENURE:
We understand a 20 year Lease commenced in 2002 and current annual rent is £24,000. (We have been informed by the vendor the landlord would consider granting a new lease).

TRADING:
Monday through to Saturday, 11.30am to 12.00 midnight. Sunday, 2.30am to 12.00 midnight.

ACCOMMODATION:
The self contained double glazed flat comprises of 2 bedrooms, lounge, kitchen plus bathroom and is presently let at £300 per week. However it can be vacated if required for own use.

BUSINESS PREMISES:
End terrace premises having a Georgian styled bay window under a full width lit coloured box fascia and projecting sign. Good size sales shop fitted with non slip floor covering, wood panelled/painted walls, suspended ceiling and a modern 3 pan 'Hopkins' counter range. There is also a restaurant section that accommodates 22 seats and W.C's. The frying bay houses a stainless steel clad cooking area beneath a overhead extractor which is fronted by a large coloured illuminated menu display. To the rear is fully tiled general preparation facility incorporating potato work/store with garage and delivery access to side road.

EQUIPMENT:
Expensive 3 pan 'Hopkins' counter range (cost of approximately £30,000), digital till, kebab unit, 2 pot bain marie, griddle, fish keeper, glass fronted display cabinet, numerous fridges & freezers, 4 ring gas cooker, microwave oven, chipper and peeler, (The above items have not been tested).

POSITION:
Long standing trading location at end of a busy local shopping street within a well populated neighbourhood that’s close to local amenities and large football club plus has good motorway access.

SPECIAL REMARKS:
The vendor purchased this popular business through Rosen over 29 years ago and due to health issues is pending retirement and wishes to return to Cyprus. This well known concern has regular trade that’s boosted on football home games and would make a ideal family venture. REDUCED TO ENCOURAGE IMMEDEATE SALE.

PRICE:
£99999 LEASEHOLD PERSONALLY INSPECTED BY SOLE SELLING AGENTS