Fish & Chip & Chicken Shop in Fulham For Sale

Situated in a parade, busy road, SW LONDON FULHAM

Price £65,000

Features

Well Established Takeaway Fish & Chips Plus Southern Fried Chicken

SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, tiled walls. Fully equipped including 2-pan Preston & Thomas counter range, illumiated menu board, glass fronted drinks display fridge, chicken hot display cabinet.

PREPARATION ROOM with tiled floor, stainless steel cladding to walls, stainless steel extractor system, Henny Penny chicken pressure cooker, potato chipper & peeler, upright stainless steel fridge, stainless steel fish fridge, 1 chest deep freezer, 1 upright deep freezer, double sink & drainer.

Shower room with shower, w.c. & wash hand basin

Turnover

WE UNDERSTAND the vendor enjoys a good turnover, full details of which will be discussed upon inspection.

Staff

The business is at present operated by a husband and wife team with the assistance of 1 full time staff.

Trading Hours

Monday - Saturday inclusive - 12 noon - 8.30 p.m.
NO SUNDAY TRADING
In our opinion there is potential for additional opening hours if desired
It should be noted that the business is closed on all bank holidays

Tenure

We understand the premises are held on a lease, the present lease having approximately 5½ years unexpired at a rental of £15,000 p.a. plus VAT up to June, 2019 with rent to be agreed thereafter. We are advised the Landlord has yet to implement the rent review, the vendor believes the rent will remain unchanged. We are advised The Landlord is prepared to grant a new 10 years lease with a 5 year break clause exercisable by the Landlord.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote