End terrace house for sale in Gloucester GL1, 3 Bedroom

Reference - 46507

Accounts
Current records and accounts can be inspected when viewing.

Building External
The businesses operate from a highly visible double fronted premises, occupying a prominent main road position. Both businesses have been renovated throughout and have matching shop fronts.

Internal modifications have been professionally undertaken. The premises is a traditional brick fronted property with a slate roof.

To the first floor on one side, with a separate access is a 3 bedroom apartment. To the other side and incorporating a separate side entrance and access from the fish and chip side is a 1 bedroom studio flat, which has to be seen to be appreciated as it is of a very large proportion.

Building Internal
The main entrances are located to the rhs of the shop fronts and both entrances are of colour coded alluminium construction. Each business has a matching sign above its respective side.

Internally the wall has been opened up so it is possible from the customer area to go from one side to the other.

To the rear of the counter areas the walls are open centrally, offering potential for both sides to operate independently or together. Each side has its own specialist preparation area, but share the rear preparation areas and storage.

Abu’s fish and chips has a large public waiting area and potential exists to add up to 16 seating places to eat in, whereas Zanzi Braai already has a seating area for 16 diners to the front.

To the rear of the shops are a large preparation and storage area, an office space, a rear storage area and fridges and freezers. There is rear access and the 1 bed studio flat can be accessed from the shop area.

Both have rear access into respective garden areas.

Description
This is an excellent opportunity to purchase a very well established fish and chip shop on one side with a potential seating area, plus a bbq grill on the other side with seating for up to 16 people. This is two businesses with separate accounts in one business premises, with excellent potential for future growth.

The business occupies a prominent trading position in a very highly populated area of Gloucester city centre.

This fantastic opportunity is located on a prominent main road position in the city, amongst a large number of quality residential dwellings, schools and other large and small businesses all within the immediate locality.

The current owner purchased the freehold and quickly established the fantastic fish and chip shop known as Abu’s Fish and Chips and has been trading for approximately 5 years. During this time, the opportunity to buy the co joined building became available and resulted in the second business Zanzibaari bbq Grill. This pair of highly renowned businesses have earned an excellent reputation for offering the best food in the area, all with a warm, friendly service.

The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity as well as neighboring towns and villages.

The business operates from two highly visible double fronted shop premises. Each business has its own entrance with a walk through internally from one side to the other. The building and businesses are presented to a very high standard, with a good range of fixtures and fittings to go with the sale. The business comes with full equipment including a 4 year old 2 pan Preston and Thomas range and has excellent scope to expand further.

Abu’s Fish and Chips and Zanzibraai bbq Grill are thriving and lucrative businesses, which are run by the owner and up to 4 members of staff as well as the owners son. The businesses offer the very best fish and chips or bbq steaks, kebabs and chicken to the lo

Residential Accommodation
Both Abu’s and Zanzibraai come with accommodation to the first floor. Both accommodations have separate entrances but one is accessible via Abu’s fish and chip shop.

The accommodations briefly comprise as follows.

2 Bed Accommodation
Located above Zanzi Braai this 2 bedroom flat is currently sub let on a short term tenancy and we have not been able to inspect this property.

The flat is accessed from the rear, the accommodation comprises of a 2 bedroom flat with a kitchen, a lounge/diner and its own separate bathroom. Outside is a small pleasant garden area.

1 Bed Accommodation
Located above Abu’s Fish and Chips this 1 bedroom studio apartment is currently used by the vendors son. There is a large lounge kitchen diner with bedroom separation and is a vast space renovated to a high standard. A separate bathroom is located off the lounge area and is fitted to an exceptionally high standard. Access is via its own side door or can be accessed from within the shop.

Both properties are in excellent standard of repair and represent some of the best accommodation in the area.

Staff
The business is operated by the owner and his son, with 2 full time and 2 part time members of sta

Sales
Currently shop sales average £1,477 for Abu’s and £1,348 for Zanzibraai.

Summary
A fantastic opportunity to purchase two highly profitable businesses, with terrific potential for future growth and improvement, complete with separate apartments. The opportunity is being offered with the option of leasehold or freehold. To avoid disappointment, a viewing is highly recommended.

Tenure
We are advised that the property is owned by the vendor. The vendor will consider a leasehold or freehold sale.

Should the businesses be sold leasehold then the vendor would have no objections to the sub let of the accommodation. The vendor has indicated that if leasehold, then the whole building (2 apartments and the whole of the business premises) would be available at an initial rental in the order of £22,000 per annum.

Trading Hours
Monday – Saturday 12:00– 14:00 then 17:00 -22:00
Sunday Zanzibraai 17:00 – 21:00
Abu’s Closed