Athena Fish & Chip shop, 296 Nottingham Road, Nottingham, Nottinghamshire, NG7 7DG

Lot No. 14
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IMMACULATE SPACIOUS MODERN FISH & CHIP TAKEAWAY WITH DELIVERIES, REFURBISHED & WELL FITTED WITH VALUABLE EQUIPMENT, REGULAR HIGH TURNOVER, SCOPE FOR ADDITIONAL CUISINES, HEAVILY POPULATED RESIDENTIAL/COMMERCIAL AREA ON OUTSKIRTS OF THE CITY CENTRE, We have been informed 18 years remain of a secure 25 year Lease with a current annual rent of £16,620. Trading Figures We are advised that weekly takings are approximately £5,000, achieved from a menu of Fish & Chip, Kebabs & Burgers, and deliveries. In addition our client has informed us he is now offering Deserts having an exclusivity contract for postcode areas of NG5 & NG7 which commenced March 2021 which will hopefully further increase sales. Due to the size of property it lends its self to introduction of Pizza's, Fried Chicken etc. (Ideal for various cuisines which will be evident on viewing). Unconditional Sale- The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition a 3% Buyers Premium + VAT (Minimum Fee £5000 + Vat) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.
Auction Starts April 27th 2022
Guide Price:
£48,000+ fees
Starting Price:
£48,000+ fees
Guide Price: £48,000 + fees
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