Fish & Chip Shop Restaurant in Sutton For Sale

Situated in a parade, excellent main road trading position, SURREY SUTTON

Turnover £ 7,000
Price £129,950

Features

Traditional Fish & Chip Takeaway and Restaurant

5 STAR HYGIENE RATING

SINGLE FRONTED FISH & CHIP SHOP in the region of 770 ft² with ELECTRIC SHUTTERS. Tiled floor, ceiling with spotlights. Tables and chairs providing seating for 12 persons. 2-pan Preston & Thomas counter range, cash register, chalk menu board, 2 under-counter fridges, cool display counter with refrigerated storage section. CCTV system (2 cameras, 1 monitor).

KITCHEN. 2 fridges, freezer, sink, cool display counter with refrigerated storage section.

Preparation / Stockroom, potato chipper and peeler, fridge, deep freeze.

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a gross profit of 65% approx. (50% Deliveries).

Staff

The business is at present operated by the vendor on a part time basis with 1 family member plus 2 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 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 15 years in 2019 with reviews every 4 years (next review 2027) at a current rent of £19,900 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £129,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 64,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote