Old Established Fish & Chip Shop in Middlesex For Sale

Situated in a parade, residential area, MIDDLESEX

Price £79,500

Features

Old Established Fish & Chip Shop

5 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 520 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, ceiling with fluorescent lighting, Coca-Cola fridge, sales counter, Preston & Thomas counter range (2 pan), Illuminated menu board, EPOS till, chip dump, Fish fridge, freezer, 2 deep freezers.

Preparation room, potato chipper and peeler.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500p.w. with a Gross profit of 65% approx. (30% ONLINE SALES)

Staff

The business is at present operated by the vendor with the assistance of 2 part time family members.

Trading Hours

6 Day week
MONDAY & WEDNESDAY - SUNDAY 11.30am - 9pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in November 2020 with reviews every 5 years (next review 2025) at a current rent of £9,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote