Fish & Chip Shop plus Chicken Shop in North London For Sale

Situated in a parade, excellent trading position, opposite Southgate Underground Station, NORTH LONDON

Turnover £ 3,000
Price £55,000

Features

Fish and Chips Plus Freid Chicken, Fully Equipped For Pizza (not Used) & Potential For Kebabs

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 1,150 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with hanging lights, 4 pan counter range, EPOS till, chip dump, Henny Penny chicken deep fryer, hot display cabinet, Coca-Cola fridge, Tables and chairs providing seating for 8 People, CCTV system (8 cameras, 1 monitor).

Preparation room, potato chipper and peeler, stainless steel extractor unit, grill, Oven, Fish fridge, additioanl fridges, 3 freezers.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,700 p.w. - £3,500 p.w. with a Gross profit of 65% approx. (including £1,000 in deliveries)

Staff

The business is at present operated by 2 full time & 1 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 11.30am - 10pm
SATURDAY 1pm - 10pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2014 with reviews every 5 years (next review 2029) at a current rent of £26,400 p.a. plus VAT

Business Rates from April 2024 £1,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote