Fish & Chip Shop Restaurant and Takeaway in Surrey For Sale

Situated in a parade, prime busy road trading position, residential, office and commercial area, close to Theatre & cinema, SURREY / SW LONDON

Turnover £ 14,500
Price £275,000

Features

Exceptionally well Established Licensed Traditional Fish & Chip Restaurant & Takeaway

ESTABLISHED 1938

Busy green area, always busy at weekends and especially for the rugby at Twickenham.

SINGLE FRONTED PREMISES in the region of 485 ft². Tiled floor, suspended ceiling with spotlights. Tables and Chairs providing seating 100 persons. Counter, cash register, 4-pan Bateman range, extractor, soft drinks fridge, fish fridge, freezer, wash hand basin.

Ladies toilet with sink.
Gentlemen's toilet with sink

Staff ladies' & gentlemen's changing rooms

Stairs to lower ground floor

Preparation area / store. 2 Potato peelers, chipper, 2 chest freezers, upright freezer, sink, wash hand basin,.

Walk-in cold room

BASEMENT PREMISES in the region of 484 ft²

Turnover

WE ARE INFORMED by the owner the turnover currently averages £14,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor's wife with 3 full time staff employed plus the assistance of 3 part time staff. We are informed the wage bill averages £1,800 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 10 p.m
SUNDAY 12 noon - 9 p.m

Accommodation

THE ACCOMMODATION entrance via the shop to Flat above, comprises:

First floor

Office
Fitted Kitchen / Diner
Roof Terrace

Second floor

Bathroom with bath with shower over, sink
Separate w.c
3 bedrooms (1 large double, 2 regular doubles)

Outside

Patio to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2015 with reviews every 3 years (next review 2024) at a current rent of £75,000 p.a. plus vat

Business Rates from April 2023 £6,100 approx. (after small business relief)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 137,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote