Traditional Fish & Chip Shop in Thornton Heath For Sale

Terraced property, busy road, residential area, SURREY THORNTON HEATH

Turnover £ 7,500
Price £155,000

Features

Traditional Fish & Chip Shop

6 DAYS OPENING

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS - Tiled floor, suspended ceiling with tube lights. Customer waiting area. Sales counter, electronic cash register, soft drinks fridge,

Stainless steel extractor, 3-pan range, microwave, under-counter fridge, wash hand basin.

PREPARATION ROOM. Double door fridge, chest freezer, doube sink with drainer, potato peeler, chipper,

Storeroom

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a gross profit of 65% approx. (Sales include Uber Eat and Just Eat £1,250 p.w)

Staff

The business is at present operated by the vendor with 3 full time staff plus the assistance of 1 part time staff. We are informed the wage bill averages £1,000 p.w. approx.

Trading Hours

6 Day week
MONDAY - THURSDAY - 11 a.m - 10 p.m
FRIDAY - 11 a.m. - 11 p.m.
SATURDAY 11 a.m - 10 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £14,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 77,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote