FISH AND CHIPS FREEHOLD WITH 4 BED HOME
Price:
Freehold - £425,000
Location:
Hampshire , New Forest, Southampton
Business Type:
Food Service Businesses
LOCATION:
Located on the south-eastern edge of the New Forest, the community of Blackfield is only 4 miles east of the charming village of Beaulieu, home of the National Motor Museum and a popular attraction for tourists from all over the UK and Europe.
8 miles to the south west is the bustling market town and prestigious yacht haven of Lymington. Blackfield Village Centre is 12 miles by road from Southampton. It is within easy driving distance of Hythe, offering a more comprehensive shopping centre and regular passenger ferry service to Southampton which is 6 miles away via Hythe Pier.
Blackfield is close to beaches, leisure centres, 11 local schools and bus routes. According to the mid-2003 population estimates there were 171,200 people residing in New Forest, of whom 5 per cent were children under five and 26 per cent were of retirement age. Nearby, the Esso refinery at Fawley is the area's single largest employer of 2,400 people. Around 23 million tonnes of oil and petroleum-related product are handled here at what is one of the largest and most complex oil refining and petrochemical manufacturing sites in Europe. Esso have been important members of the Waterside community for over 50 years. The New Forest, created in 1079 as the hunting grounds of William the Conqueror, together with Lepe Country Park and the Calshot Activity Centre, attract hundreds of thousands of visitors to the area every year.
BUSINESS:
This is an established Fish & Chip take-away with the added appeal of burgers and increasingly popular kebabs. It has been in the same hands for the past 17 years during which time it has built up a loyal following. Other than local residents, there is a steady flow of passing trade especially in the summer evenings with tourists returning from outings to the New Forest or day trips to Calshot, a local activity centre.
BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The spacious and fully-equipped ground floor premises are tiled throughout (walls and floors) and are divided into three principal areas - retail, kitchen with adjoining wash-up room and a potato preparation and refrigeration room
Retail 17'7" x 14' (245 sq ft)/5.4m x 4.3m (23 sq m)
Kitchen 13'8"x13' (117 sq ft)/4.2m x 4m (16 sq m)
Wash-Up 8'11"x7'6" (66 sq ft)/2.7m x 2.3m (6 sq m)
Potato Preparation & Refrigeration Room 18'7" x 15' (275 sq ft) 5.7m x 4.6 (26 sq m)
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)
The sympathetically extended detached property has been designed to offer fully substantial, self contained private living accommodation across the entire the first floor.
The spacious, comfortably-appointed lounge features a fully-tiled floor
Lounge 17'8" x 11' (195sq ft)/5.4m x 3.4m (11.5 sq m)
Kitchen 12' x 7' (84 sq ft)/3.7m x 2.2m (8 sq m)
Bathroom 8'3" x 6' (49 sq ft)/2.5 m x 1.85 m (4.6 sq m)
Landing 17'2"x 6'2" (100sq ft)/5.2 m x 1.9 m (9 sq m)
Main Bed 12'8 x 12'7" (156 sq ft)/3.9m x 3.8m (14 sq m)
Bed 2 12'9" x 10'9" (137 sq ft)/3.9m x 3.3 m (12 sq m)
Bed 3 12'10" x 11'2" (142 sq ft)/3.9m x 3.4m (13 sq m)
Bed 4 (Ground floor) 13'x12'7" (165sqft)/ 2.5m x 1.8m (4.6sq m)
TENURE:
Freehold title with vacant possession
RATES:
The rateable value of the business premises is £4,400, with rates of £468.60 payable in 2009/10. The domestic accommodation falls into Band A for council tax purposes.
NOTE:
This information has been obtained either from the current rate demand for the property, by telephone from the local authority or by reference to the VOA website. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that potential buyers make their own enquiries through the local authority to check the applicable rateable value and whether the rates payable will be the figure quoted above.
OUTSIDE:
There is ample free parking on the forecourt to the front of the property.
SERVICES:
We understand from the vendor that all main services are connected to the property.
TRADE:
According to VAT returns for the 12 month period ending 31 December 2010 the Vendor has declared takings of £95,605. Accounts for the year ended 31 March 2009 show turnover of £107,827 with gross profits of £55,357 (50%).
Please note that if a business is VAT registered, all figures exclude VAT.
HOURS:
Monday to Wednesday 4.15pm to 10pm
Thursday to Saturday 11.30 - 2pm & 4.15 to 10pm
STAFF:
The business employs a total of 3 staff who work a total of 40 hours per week between them.
STOCK:
The vendor informs us that the value of the stock is approximately £2,500
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord's legal costs on a 50/50 basis. If a buyer wishes to negotiate a 'new' lease, they will be responsible for all the landlord's legal costs.
COMMENTS:
The Vendor is looking for a change of direction and a new challenge after running this established, profitable cash business for the past 17 years.
Financial information will be made available to seriously interested purchasers after they have formally viewed the business.
Edge of New Forest near Beaulieu
North Yorkshire
£ 750,000
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