Fish & Chip Shop and Takeaway in Croydon For Sale

Situated in a parade, excellent main road trading position, sought after residential area, not far from a school, CROYDON, SURREY

Price £140,000

Features

Old Established Fish & Chip Shop

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 665 ft² WITH DOUBLE DOORS, tiled floor, suspended ceiling with LED lights, 3-pan Preston & Thomas counter range, cash register, 3-pan counter range, chip dump, hot display cabinet, Coca-Cola fridge, Tables and chairs providing seating for 4 People.

Kitchen, Fish fridge, sink

Store room with potato chipper and peeler

Office, fridge, freezer..

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing deliveries.

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

6 Day week
MONDAY - THURSDAY 11.30am - 9pm
FRIDAY 11.30am - 9.30pm
SATURDAY 11.30am - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £18,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £140,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote