Licensed Fish & Chip Restaurant in Battersea For Sale

Situated in a Parade, prominent trading position, residential, office and commercial area, Bustling area with excellent transport links, BATTERSEA, LONDON, SW11

Turnover £ 6,500
Price £173,000

Features

Licensed Fish & Chip Restaurant In Sort After Location

BEER GARDEN WITH SEATING FOR 20 PEOPLE

FORECOURT WITH SEATING FOR 8 PEOPLE.

Tables and chairs providing seating for 24 People

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 550 ft² WITH CANOPY, laminated strip floor, spot and hanging lighting, Preston & Thomas (2 pan) counter range, cash register, chip dump, Fish fridge, dishwasher, sink, freezer, 2 fridges, wine cooler (glass fronted), CCTV system (4 cameras).

Preparation room, potato chipper and peeler, 2 deep freeze.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx. (20% DELIVERIES)

Staff

The business is at present operated by the vendor with 1 full time and 3 part time staff.

Trading Hours

7 Day week
MONDAY - WEDNESDAY 5 p.m. - 10 p.m.
THURSDAY 12.30 p.m. - 2.30 p.m. then 5 p.m. - 10 p.m.
FRIDAY & SATURDAY 12 noon - 10 p.m.
SUNDAY 4 p.m. - 9 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £40,000 p.a..

Business Rates from April 2025 £10,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1980, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £173,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 86,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote