Under Offer
Leasehold
£125,000
Buckinghamshire - FT4008
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Description
A fish and chip restaurant and takeaway positioned on a busy High Street just outside Milton Keynes in Buckinghamshire, benefiting from strong passing trade and a well-established local reputation built over more than 23 years.
The business operates with a traditional menu, focusing purely on fish and chips without burgers, kebabs or fried chicken. Weekly takings are in the region of £4,000 to £5,000 on a reduced trading pattern, currently opening Tuesday to Saturday only. There is clear scope to extend hours and develop turnover further if required.
The premises are well equipped and arranged for both restaurant and takeaway use, presented in good working order throughout. Equipment includes a Bateman 3 pan frying range, and there is the added benefit of a large private customer car park to the rear. A one bedroom flat is situated above the shop and is currently let, providing an additional rental income stream.
The property is held on a lease with approximately 13 years remaining from an original 25 year term, at a rent of £20,000 per annum. There is also potential to acquire the freehold by separate negotiation, offering a solid long-term option for an incoming buyer.
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