Wot's Cookin

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24 Willow Street, Oswestry
POA
Price on Application
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Wot's Cookin

SY11 1AD
POAi

ABOUT THIS PROPERTY

The property is a two storey mid terraced building that is situated fronting onto Willow Street in the town centre of Oswestry. Oswestry is an established market town and an administrative centre where all local amenities are available. The property is currently arranged as a well presented and fitted as a fish and chip shop providing a takeaway with seating for 24. The property provides a sales area of approximately 737 ft sq (68.5 m sq) and on the first floor offices and stores providing total accommodation of approximately 613ft sq ft ( 56.94 m sq). The property is of traditional construction. Business The business is offered for sale due to the retirement of the owners who have run the business since 1979. The business offers a busy, prominently located fish and chip shop offering a takeaway and restaurant seating for 24 people. The trading hours currently for the business are Monday and Sunday 12pm to 9 pm Tuesday, Wednesday, Thursday and Friday 11.15 am to 9 45 pm The business benefits from a late night licence on a Friday and Saturday allowing trading until 2pm. The business currently employs 2 full time staff with a variety of part time staff and further details can be provided upon request. The business is part of the Fish Fryers Association and provides a well fitted out and presented fish and chip shop in a prominent town centre location. The fixtures and fittings of the premises are available via negotiation with the vendor. Full detailed audited accounts are available from the selling agents to genuinely interested parties. For the financial year ending April 2015 the turnover was approximately £325,000 with a gross profit margin of approximately 56%. (All measurements are approximate) Ground Floor Sales - 547sq ft (50.8 sg m) Kitchen - 190 sq ft (17.7 sq m) First Floor Toilet Office - 173 sq ft (16.07 sq m) Store 1 - 99 sq ft (9.2 sq m) Store 2 - 341 sq ft (31.68sq m)The business is offered for sale freehold with vacant possession or alternatively it can be acquired on a Full Repairing lease for a length of term to be agreed. There would be rent reviews at five yearly intervals and the lease would be granted inside the Landlord and Tenant Act 1954 Part 2.Rateable Value - £8,900 Rates Payable - £4,191.90

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