Fish & Chip Shop in Essex For Sale

Situated end of parade, excellent trading position, residential, office and commercial area, ESSEX

Turnover £ 6,000
Price £110,000

Features

Fish & Chips Plus Slight Sri Lankan Street Food

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 485 ft² with tiled floor, suspended ceiling with LED lighting. Henry Nuttall 2-pan gas counter range, chip dump, grill, separate deep fryer, Henny Penny chicken pressure cooker, gas grill. CCTV system (7 cameras).

KITCHEN. 3 fridges, 3 freezers, preparation table

Preparation room, potato chipper and peeler

Stockroom deep freezer

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000/£6,500 p.w. with a gross profit of 65% approx. (33% ONLINE SALES)

Staff

The business is at present operated by the vendor with 2 full time & 2 part time staff.

Trading Hours

6 Day week
MONDAY 4 p.m. - 9 p.m.
TUESDAY - SATURDAY 12 noon - 3 p.m. & 4 p.m. - 9 p.m.

Outside

Parking space for 1 car.

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 2019 with reviews every 4 years (next review 2027) at a current rent of £11,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022

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