Business for Sale in England: Kent - FISH & CHIP RESTAURANT AND TAKEAWAY ON THE SOUTH KENT COAST - Freehold: £375,000 Leasehold: £95,000

Key Information

Ref
CF34029Z
Type
Food Service Businesses: Fish & Chip Shops
Location
England: Kent
Tenure
Freehold, Leasehold
Status
For Sale
Accomodation
4 Bedrooms
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The business has a prominent corner location in the well-known coastal town of Dover 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. To the upper floors of the property, there are two self-contained 2-bedroom flats.

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, 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 2018 show Annual Sales of £179,044 (excluding VAT) and a Gross Profit of £111,843. There are currently no business rates payable.

The vendors are offering the business and property for sale on either a freehold or a leasehold basis. For a leasehold sale, please note that previous experience of the trade will be required. A new 15-year lease is available at an initial rent of £1,500 pcm (including the two flats).

This is a great opportunity to purchase a long-established and profitable business in a prominent town-centre location.

Freehold £375,000 / Leasehold £95,000 Ref: CF34029Z

Full sales details available at www.emfgroup.com


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