Fish & Chip Restaurant in Harrow For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, MIDDLESEX HARROW

Turnover £ 6,000
Price £155,500

Features

Traditional Fish & Chip Restaurant with Burgers and Chicken

5 DAYS OPENING

4 STAR HYGIENE RATING

Corner fronted position with shutters in the region of 1,206 ft². CCTV 6 cameras. Tiled flooring, suspended ceiling with LED lightining. Tables and chairs providing seating for 20 persons.

Sales counter, electronic cash register. Bench seating. Second cash registrer for the restaurant,

Disabled cloakroom with toilet and sink

Stainless steel extractor, brand new. 4 pan Middleton fish and chip range, soft drinks fridge, griddle / hotplate for burgers, microwave, expresso coffee machine, BBQ rotisserie machine (chicken and ribs) wash hand basin, counter freezer, counter top fridge for soft drinks.

Separate kitchen / preparation area.

Excell fish fridge, dishwasher, under-counter fridge (for beers and wines), salad topper fridge, 2 Kuroma southern fried chicken machines, double door full height fridge, double sink and drainer, potato rumbler, chipper

Storage area - double door full height freezer

Staff cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a gross profit of 65% approx. (40% DELIVERIES via Just Eat, etc)

Staff

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

Trading Hours

5 Day week
TUESDAY - SATURDAY 12 noon - 10.30 p.m
In our opinion there is tremendous potential for additional opening hours, if desired

Outside

Rear yard

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 2015 with reviews every 5 years (next review 2025) at a current rent of £19,000 p.a.

Business Rates from April 2023 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £155,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 77,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote