Flat for sale in Cheltenham, Gloucestershire GL54

£129,950
Flat for sale - 1 bedroom 1 1 1
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Property features

  • Well-established business, prime location on a busy high street
  • Bourton-on-the-Water is a popular tourist destination throughout the year
  • Average turnover is in excess of £5,000 per week
  • Spacious one-bedroom living accommodation above business

Property description

Reference - 47997

Description
The popular tourist destination of Bourton-on-the-Water, often referred to as the ‘Venice of the Cotswolds’ because of the attractive little bridges that cross the gently flowing River Windrush, is located in a small valley amongst the gentle rolling hills of the Cotswolds and is a ‘must see’ for all visitors to the area. The business offers an extensive menu of traditional fish and chips as well as burgers, indian dishes, kebabs and gluten free and vegetarian options. There is a takeaway and eat in option with seating for 20. Average turnover is in excess of £5,000 per week and there is the potential to add delivery options to the service. The business is frequented by tourists all year round in addition to local regular custom, thanks to its fine reputation.

There is a spacious one-bedroom residential accommodation above the shop which is without independent access.

Sales
Currently shop sales average in excess of £5,000 per week.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Saturday 11:30 – 20:00
Sunday 11:30 – 19:00

Staff
Managed by the owners with full/part time staff.

Building External
The building is a mid-terrace two storey single fronted shop built from attractive Cotswold stone.

Building Internal
Internally there is a dining area with seating for 20 customers to the right, the service counter is located at the back which leads through to the food preparation and sink areas.Upstairs there is a storage room, leading to further attic storage.

Tenure
We are advised that the property is held on a 9 years lease with 3.5 years remaining. The annual rent is £25,000 exclusive (correct as advised on 03/08/20). Rent reviews are at 3 yearly intervals. The business is exempt of rates. The accommodation has a council tax of £120 per month.

Summary
This is rare opportunity to acquire a well-stablished and profitable fish & chip shop with internal dining space for 20 customers and one-bedroom accommodation above in the busy tourist destination village of Bourton-on-the-Water in the Cotswolds.

Inventory
3 fryer range
2 kebab machines
2 air extractors
1 double drinks chiller
1 single upright chiller
1 chest freezer
1 Ben & Jerry’s ice cream freezer
1 Wall’s ice cream freezer
2 microwave ovens
1 large chest freezer
1 upright stainless-steel fridge
1 peeler
1 chipper

CCTV


Restaurant furniture with seating for 20.

Residential Accommodation
1-bedroom first floor accommodation comprising of bedroom, lounge, kitchen and bathroom.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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