Ultra Modern Fish & Chip Shop in South London For Sale

Main road trading position, densely populated residential and commercial area, SE LONDON

Turnover £ 6,000
Price £120,000

Features

Ultra Modern Fish and Chips Plus Slight Kebabs

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 750 ft². REFITTED 2023. Tiled floor, suspended ceiling with LED lights, 3-pan Preston & Thomas counter range, EPOS till, 3 screen LED menu boards, window LED display screen, stainless steel extractor unit, kebab machine, 4-pot bain marie, refrigerated making table. Brand new potato chipper and peeler (2023) Tables and chairs providing seating for 10 persons. CCTV system (4 cameras, 1 monitor)

KITCHEN. Potato chipper & peeler, 2 fridges, 3 freezers, fish fridge, sink.

Stockroom

Staff toilet with w.c. and wash hand basin

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a gross profit of 65% approx. (£2,500 ONLINE SALES)

Staff

The business is at present operated by the vendor with 3 full time 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 12 midnight
SUNDAY 5 p.m - 12 midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2013 with reviews every 3 years (next review 2025) at a current rent of £23,000 p.a.

Business Rates from April 2023 £5,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote