Traditional Fish & Chip Shop in South London For Sale

Situated in a parade, busy road, sought after residential area, near train station and several bus stops, SW LONDON, not far from Richmond, Surrey

Turnover £ 4,000
Price £110,000

Features

Old Established Traditional Fish & Chip Shop

FORECOURT TO FRONT
5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 435 ft² WITH CANOPY, tiled floor, spot lights, Preston & Thomas 2 PAN counter range, cash register, chip dump, hot display cabinet, open cool display unit (2 metres), Tables and chairs providing seating for 12 People.

Kitchen / Preparation room, gas Hob, potato chipper and peeler, deep freeze, freezer, fridge, Fish fridge.

Staff Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (£2,000 VIA PORTALS)

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 9pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £17,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

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