Fish and Chip plus Chicken Shop in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 5,500
Price £125,000

Features

Fish & Chips Shop Plus Fried Chicken

5 STAR HYGIENE RATING
6 DAYS OPENING
Ample customer's car parking as there are no parking restrictions in front of shop..

SINGLE FRONTED PREMISES WITH SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, Preston & Thomas 2 pan counter range, cash register, chip dump, CCTV system (cameras, monitor).

Stock room, 2 x deep freeze.
2 x Walkin coldrooms

Preparation Kitchen, stainless steel extractor unit,, Henny Penny chicken machine, potato chipper and peeler, double sink and drainer.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. with a Gross profit of 65% approx. (£1,500 online sales)

Staff

The business is at present operated by the Manager with 1 full time and 2 part time staff.

Trading Hours

6 Day week
MONDAY - THURSDAY & SATURDAY 11.30am - 8pm
FRIDAY 11.30am - 9pm

Outside

Rear access for deliveries

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 2013 with reviews every 5 years (next review 2028) at a current rent of £20,000 p.a.

Business Rates from April 2025 £1,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote