Fish and Chip Shop with Forecourt Seating in South London For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 8,000
Price £225,000

Features

Well Established Fish & Chip Shop

6 DAYS OPENING

COVERED FORECOURT WITH ELECTRIC HEATING AND SEATING FOR 48 PERSONS

DOUBLE FRONTED PREMISES in the region of 650 ft². Tled floor, suspended ceiling with fluorescent lighting, 3-pan Sussex Catering counter range, touch screen cash register, glass fronted upright double door rrinks display fridge, potato chipper and peeler, potato tank, boiler, fish fridge, stainless steel extractor unit, Henny Penny chicken pressure cooker, grill, microwave, etc.

Toilet with w.c. and wash hand basin

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by a husband & wife team with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 11am - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2022 with reviews every 4 years (next review 2030) at a current rent of £16,750 p.a.

Business Rates from April 2025 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 112,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote