Location:
This business opportunity is located on Derwent Street which is close to the City Centre, just off Park Lane. This is a busy area which is well positioned between the University, Civic Centre and main shopping area.
The immediate area is a mixture of retail, leisure and office users and this generates good levels of captive trade and the busy Park Lane Transport Interchange is just round the corner.
Business:
The premises have been operating as a fish and chip shop for over 35 years and the last tenant operated the business for 27 years before deciding to retire.
The shop is configured to provide a service and frying area to the front with staff and prep space to the rear. On the upper floor there is a restaurant space for up to 50 covers with a selection of booths, tables and chairs.
Whilst the premises will be offered with the fish and chip equipment included, it would be suitable for other food uses such as burgers or a grill. This is an opportunity possibly suited to a couple or partnership who are willing to operate the business hands on and develop all aspects, including deliveries.
Premises:
Comprising a self-contained 2 storey terraced unit
Ground Floor
Customer / Frying Area 275 sq.ft. (26 sq.m.)
Service Area 90 sq.ft. ( 8 sq.m.)
Rear Prep 130 sq.ft. (12 sq.m.)
Staff Room 110 sq.ft. (10 sq.m.)
Potato Room 120 sq.ft. (11 sq.m.)
W.C.
First Floor
Restaurant 525 sq.ft. (49 sq.m.)
Prep Area 130 sq.ft. (12 sq.m.)
EPC
Rating - C
Previous Trading Hours
11.00 am - 5.30 pm
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £7,700
Rates free subject to individual status.
Tenure
The premises are offered on a new effective FRI lease at a commencing rent of £18,200 per annum. Full terms and conditions to be agreed. The ingoing tenant is responsible for the landlord's legal fees for the preparation of the new lease.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
