Business for Sale in England: Kent - FISH & CHIP CAFÉ/RESTAURANT IN SOUTH KENT - Leasehold: £100,000

Key Information

Catering Businesses: Fish & Chip Shops
England: Kent
For Sale
4 Bedrooms
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The business occupies a prominent corner location in the centre of a well-known coastal town in South Kent. There is a public car park nearby, and the surrounding area is busy throughout the year with a substantial increase in activity during the summer months.

This bright and spacious fully-licensed shop has seating for 44 with an additional area for 30-40 covers at the front. The kitchen and food preparation zones are well equipped for the trade and there are also excellent storage facilities in the large basement.

The business has been in the same hands for more than 20 years, and has a very good reputation in the local area along with a 5-star food hygiene rating. The café/restaurant serves a full fish & chip menu along with mixed grills (especially all-day breakfasts), burgers, pies, jacket potatoes, sandwiches and a range of hot and cold drinks.

As well as the restaurant trade, there is also a strong and increasing takeaway business currently producing about 25% of total income. Accounts for the year ended 5th April 2017 show Annual Sales of £184,625 (excluding VAT) and a Gross Profit of £122,103. There are currently no business rates payable.

The business is being offered for sale with the benefit of a new 15-year lease at an initial rent of £1,500 per calendar month including two self-contained 2-bedroom flats which are both currently tenanted. This is a great opportunity to purchase a long-established and profitable business in a prominent town-centre location.

Ref: CF33330Z LEASEHOLD £100,000

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