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Leasehold fish and chips takeaway in Gravesend Kent available for sale

Gravesend, Kent, ID 166418

Leasehold fish and chips takeaway in Gravesend Kent available for sale 1
Leasehold fish and chips takeaway in Gravesend Kent available for sale 1
Asking price:
GBP £125 000
Turnover (per year): £234 000 gbp
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Description

Location Situated prominently on a busy street in the centre of a desirable Kent village, close to a mainline rail station. The business benefits from trade drawn from a wide, affluent residential area, ensuring consistent footfall. Business Well-established for approximately 40 years, this fish and kebab takeaway is only being marketed due to the vendor’s other business commitments. The premises have undergone a full refurbishment over the past 18 months and are presented in excellent condition, including new flooring and ceilings, a double extractor system, and brand-new equipment throughout, such as a 4-pan frying range and kebab machines. Currently staff-operated, there is strong potential for an owner-operator to expand and develop the business. An interactive website is already in place to support online engagement. Turnover The business currently generates between £4,500 and £5,000 per week with an approximate gross profit of 60%. Around 30% of trade is from delivery services. Hours Monday to Thursday: 11:30am - 9:30pm Friday & Saturday: 11:30am - 10:00pm Sunday: Closed Staff Two full-time staff and one part-time delivery driver, with wages totaling approximately £800 per week. Premises The premises occupy a parade position with forecourt parking and an attractive single frontage with a single entrance. Features include: * Takeaway area with tiled flooring and suspended ceiling * 4-pan Kiremko counter range with dedicated extractor system * CCTV and EPOS till system * Four TV menu displays * Glass-fronted drinks display cabinet, freezer, and upright fish fridge * Stainless steel worktops and sinks * Two kebab machines and 4-pan bain marie * Microwave oven, salad fridge, and prep area with two large chest freezers * Doors to rear yard and accommodation * Shower room/WC on the ground floor * Gas-fired central heating and double glazing Outside Forecourt parking with gated access to the rear yard. Rear concreted yard includes a garage/prep room with peeler and chipper, plus a bin store area. Living Accommodation Three refurbished rooms on the first floor currently used as staff accommodation. Tenure New 15-year lease from October 2024 with annual rent of £27,000 (5-year reviews). EPC Rating To be advised. Business Rates Currently nil payable.

Details

Real Estate: Lease
Employees (ppl): 3
Asking price: 125 000 gbp
Turnover (per year): 234 000 gbp
Salary expenses (per year): 38 400 gbp
Rent (per year): 27 000 gbp

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