Business for Sale in Kent FISH & CHIP TAKEAWAY (SOLD)

Key Information

Reference

CF26668Z

Tenure

Leasehold

Status

Sold

Region

Kent

Sector

Fish & Chip Shops

Accommodation

No

Business Information

The property is situated in a local shopping parade in a popular coastal town near Folkestone in Kent. The parade is located just off the main coastal road, and benefits from ample free parking facilities. Due to the excellent location, the shop enjoys custom from local residents and holidaymakers alike, and we understand that the business could also potentially benefit from a planned large-scale housing development nearby.

The business was established by the current owner in 1998, and enjoys a steady year-round trade with a seasonal uplift during the summer months.

The shop offers a traditional fish and chip menu, and is run by the owner with assistance from four part-time members of staff. The business generates good weekly takings from only 36 trading hours per week. However, new owners may see potential to extend the opening hours or to introduce a wider range of takeaway food.

The property is held on 10-year lease from 2008 at an annual rent of £6,500.

Leasehold £79,950. Ref: CF26668Z