Fish Chipa and Chicken Takeaway in Catford For Sale

Situated in a parade, main road trading position, residential area, S LONDON CATFORD

Turnover £ 5,000
Price £130,000

Features

Takeaway Fish & Chips & Chicken Shop

6 DAYS OPENING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS. Vinyl floor, suspended ceiling with panel lights. Bremith Shire 3-pan counter range, menu board. EPOS till. CCTV system (5 cameras, 1 monitor).

KITCHEN. Stainless steel extractor unit, gas charcoal grill, grill, deep fryer, 3 fridge/freezers, refrigerated making table.

PREPARATION ROOM. Potato chipper and peeler, 3 deep freezers, fridge, fish fridge, 2 freezers, 2 stainless steel preparation tables, double sink and drainer.

Toilet with w.c. and wash hand basin

Storeroom

Staff room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. (20% DELIVERY)

Staff

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

Trading Hours

6 Day week
MONDAY - THURSDAY - 12 noon - 10 a.m.
FRIDAY & SATURDAY 12 noon - 11 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION with Electric Heaters, Double-glazed windows. The accommodation:

4 bedsits each comprising
1 bedsitting room
Shower room, toilet & sink

At present let and providing a rental income of £1,000 each per calendar month

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from private landlord, granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £30,000 p.a. (As will be appreciated with current rent from the accommodation of £48,000 p.a. there is a profit rent of £18,000 p.a).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote