London,UK, ID 139883
East London. A very well established fish and chip takeaway business with delivery services, trading three lunchtimes and six evenings, with latest closing time at 9.30 pm. The premises have been partly upgraded and the business is offered with a new 12-year lease. It is located in a pedestrianised area in the heart of a large residential district currently undergoing regeneration. The sale is genuine and prompted by other commitments.
Tenure: The landlord will grant a new 12-year lease with three-yearly rent reviews at a commencing annual rent of 15000 for the lock-up shop.
Trading figures: It is advised that turnover is between 4000 and 5000 per week from a comprehensive menu, comprising a mix of takeaway and delivery sales. The business trades only three lunchtimes and six evenings, closing no later than 9.30 pm. There is good scope for additional opening hours, which is expected to increase trade.
Trade equipment: Well maintained three-pan Bremith counter range, refrigerated display cabinet, two kebab machines, small griddle, heated cabinet, digital till, microwave oven, four-ring domestic gas cooker, two fridges, pressure fryer, two chest and upright freezers, stainless steel fish keeper, chipper, and peeler. The above items have not been tested. A full inventory will be provided prior to completion.
Special remarks: The freeholder has owned the property since 1987 and regained possession of the shop in 2019 from a previous tenant who had neglected the business. The premises were subsequently partly upgraded, creating a neat, tidy, and easy-to-operate unit, which has been run by the freeholder’s two sons since that time. Due to family and other business commitments, the business is now offered for sale. There remains significant potential for growth, and a trial is available to genuinely interested buyers.
Personally inspected by sole selling agents. The freeholder has owned the property since 1987 and regained possession of the shop in 2019 from a previous tenant who had neglected the business. The premises were subsequently partly upgraded, creating a neat, tidy, and easy-to-operate unit, which has been run by the freeholder’s two sons since that time. Due to family and other business commitments, the business is now offered for sale. There remains significant potential for growth, and a trial is available to genuinely interested buyers.
