Traditional Fish & Chip Shop in Lee For Sale

Situated in a parade, excellent trading position, close to station, residential and commercial area, SE LONDON LEE

Turnover £ 6,000
Price £110,000

Features

Traditional Takeaway Fish & Chip Shop with Burgers & Specialty Fish Including Salmon, Sea Bass, Etc

Customer area to front seating 4 persons

5 STAR HYGIENE RATING ~ OPEN 5 DAYS A WEEK

SINGLE FRONTED PREMISES in the region of 535 ft² with ELECTRIC SHUTTERS. Non slip industrial vinyl flooring, plaster board ceiling with spot lights. Tables and chairs seating 8 persons. Sales counter, touchscreen cash register, soft drinks fridge, chalk board style menu display.

OPEN PLAN KITCHEN. Stainless steel extractor, 2 pan range, hot cabinet above, 2-burner Archway charcoal grill, salamander grill, twin basket fryer, 2 burner gas hob, 4 pot bain marie, salad topping fridge, wash hand basin

Rear preparation area. 2 fish fridges, 4 drawer fridge with stainless steel top, double sink and drainer

Walk-in freezer

Potato preparation area - potato chipper, peeler, electric combi oven, stainless steel free standing fridge, stainless steel shelving, washing machine.

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. - including £1,000 p.w. Uber / Justeat etc. with a gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 2 full time staff plus the assistance of 1 part time staff. We are informed the wage bill averages £500 p.w. approx.

Trading Hours

Tuesday - Thursday - 11 a.m - 9 p.m
Friday & Saturday - 11 a.m - 10 p.m
CLOSED SUNDAY & MONDAY

Outside

Yard with shed used as a dry store.
Bin store.
Parking for two cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2016 with reviews every 4 years (next review 2024) at a current rent of £15,250 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote