Spacious Fish & Chip Shop in South London For Sale

Situated in a Parade, excellent trading position, residential and commercial area, SW London.

Turnover £ 3,250
Price £69,500

Features

Spacious, Traditional Fish and Chip Takeaway - Scope To Introuduce Deliveries

5 STAR HYGIENE RATING ~ 5 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 500 ft², Tiled flooring, Suspended ceiling with LED lights.

Customer waiting area, tables and chairs seating 12 people, potential to increase.

Sales counter - Electric cash register, card machine. Soft drinks fridge.

Open Kitchen - Stainless steel extractor, 2 pan Preston & Thomas fish and chip range, chip dump, slow cooker, 2 microwaves, water boiler, 3 under counter fridges, chest freezer, under counter freezer, double sink and drainer, peeler, chipper, etc.

Potato store.

Stairs to basement.

Store room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,800 / £3,500 pw with a Gross profit of 65% approx. No deliveries undertaken, tremendous potential.

Staff

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

Trading Hours

5 Day week
Tuesday - Saturday 4.30pm - 10 pm

Huge potential and local demand to increase opening hours.

Outside

Communal parking to rear.

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 2015 with reviews every 5 years (next review 2025) at a current rent of £15,000 p.a.

We are advised the Landlord will grant, to an approved applicant, a new 15 year lease if required.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 & OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S SEMI-RETIREMENT.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote