Licensed Fish & Chip Restaurant in South London For Sale

Situated in a parade, excellent main road trading position, residential and commercial area, SW LONDON

Turnover £ 5,000
Price £110,000

Features

Traditional Licensed Fish and Chips Shop

FULLY REFITTED in 2020

SINGLE FRONTED PREMISES in the region of 820 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spot and hanging lighting. 2-pan Preston & Thomas counter range, EPOS till. Tables and chairs providing seating for 28 persons (can be increased). CCTV system (8 cameras, 1 monitor).

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

Office

Shower Room

Basement, used for storage purposes, 2 potato chippers and peeler, fish fridge, 2 deep freezers, fridge.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. (50% VIA ONLINE PORTALS)

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 10 p.m
SUNDAY 12 noon - 9 p.m

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2019 with reviews every 4 years (next review 2027) at a current rent of £23,500 p.a.

Business Rates from April 2023 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote