Property description

Charles Knight are pleased to offer this running fish and chips takeaway business for sale in Gillingham. The premises has been run as a fish and chips business for around 50 years and it has developed it`s local regular customer base.Location advantages: The shop is located on the corner of Britton Street and Lock Street. Lock Street is directly opposite Medway Park. Medway Park regularly holds festivals and events, which increases sales by an additional £1,000 - £1,500 per day whilst the events are on. The property is also a short walk away from Gillingham Town Centre and Gillingham Train Station.Price For Business: £90,000 (Includes goodwill and fixtures and fittings)Lease Term: 16 years from 2014 (14 years remaining)Rent (Includes shop and flat): £916.67 per month/ £11,000 per year (payable monthly in advance)Deposit: £0Rent Review: Every 5 yearsBusiness Rates: Currently £0 due to small business rates reliefTurnover: £3,000 - £4,000 per weekProfit Margin: 50%Income from 2 bedsits above shop: £100pw/ £433.33 per month/ £5,200 per annum (Inclusive of bills)Currrent Staff: 3Opening Hours: Mon-Sat (11:15am - 10pm); Sundays (4pm - 8pm)Deliveries: YesFeatures:- Shop Front: 25ft x 11ft. Fryers, 4 fridges, 3 pan range, till & card machine, Hungry House & Just Eat machine, 2 microwaves, grill, preparation table, table & 4 chairs.- Kitchen: 23ft x 13 ft. Worksurfaces, sink, fridge. Room freezer, 2 chip peelers, 2 chippers & cooker.- W/C with handbasin- Cellar- Back Yard: 23ft x 15ft. Storage container.- Parking: Off road gated parking for 1 vehicle- Customer Parking: To frontPlease contact us to arrange a viewing

Property Features :

• Fish & Chips Takeaway Business For Sale
• Goodwill, Fixtures & Fittings Included
• £3,000 - £4,000 Per Week Turnover
• £11,000 Per Year Rent
• No Business Rates