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Reference R2677
Situated in a Parade, prominent trading position, residential, office and commercial area, Bustling area with excellent transport links, SW LONDON
Turnover £ 6,500
Price
£250,000
Features
Licensed Fish & Chip Restaurant
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 5pm - 10pm
THURSDAY 12.30pm 2.30pm then 5pm - 10pm
FRIDAY & SATURDAY 12 noon - 10pm
SUNDAY 4pm - 9pm
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. (under negotiation)
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 £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 125,000 (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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