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Reference R8777

Fish & Chip Shop and Takeaway in North London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, N LONDON

Turnover 3,500
Price 69,500

Features

Well Fitted Takeaway Fish & Chips with Seating Area

SPACIOUS SINGLE FRONTED PREMISES with 2 doors, non-slip floor, ceiling lighting. Air conditioning. Tables & chairs providing seating for 16 persons. 4-pan gas Island range (we understand new approximately 3 years ago), electronic cash register, upright glass fronted display fridge.

Customers' cloakroom with w.c. & wash hand basin

KITCHEN commercial microwave, mixer, 2 stainless steel under-counter fish fridges, upright double door stainless steel fridge, 1 under-counter deep freezer, 1 under-counter fridge, potato chipper & peeler etc.

2 staff cloakrooms each with w.c. & wash hand basin

Turnover

WE UNDERSTAND the business was re-opened in October, 2018 & we are advised that the turnover is currently in the region of 3,500/4,000 p.w. including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands. We are further advised that the split of turnover is approximately 70% in respect of takeaway & restaurant area with the balance of 30% in respect of deliveries.

Staff

The business is at present operated by the vendor's wife with the assistance of 2 part time counter staff plus 1 delivery driver for evenings.

Trading Hours

Monday - Saturday inclusive - 12 noon - 9.30 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of 25,000 p.a. exclusive of rates with rent revisions.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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