London,UK, ID 139779
North London. Corner-built fish and chip takeaway, closing no later than 9.30 pm. Held on a local authority lease at a low rent, the business is well established on a neighbourhood parade of eight shops and benefits from regular custom from the surrounding pleasant residential area. The sale is due to retirement after five years of ownership.
Tenure: it is understood that approximately 15 years remain on the council lease, with a low rent of just £9,200 per annum for a good-sized lock-up shop on the local parade.
Trading figures: the vendor has advised that weekly turnover is in the region of £4,500–£5,000, generated primarily from counter sales with some deliveries. Trading is conducted over six days per week, with closing at 9.30 pm at the latest. There is strong demand for kebabs, with the setup already in place, although this offering is not currently in operation.
Trade equipment: the usual range of equipment associated with the trade is included, comprising a three-pan Preston & Thomas counter range, glass-fronted display cabinet, pressure fryer, grill, three freezers, refrigerator, overhead extractor, glass-fronted heated cabinet, double stainless steel sink unit, chipper, and 56 lb peeler. The above equipment has not been tested by Rosens. A full inventory of trade equipment will be provided prior to completion.
Special remarks: a long-established fish and chip shop benefiting from a council lease at a low rent within a desirable neighbourhood, generating consistent and reliable trade throughout the year. After five years of ownership, the seller is seeking retirement, presenting an opportunity for new ownership to build on the existing business. Kebab sales could be easily reintroduced, as there is clear local demand that is currently unmet. This represents an ideal opportunity for a capable operator to take the business to the next level.
Personally inspected by sole selling agents. A long-established fish and chip shop benefiting from a council lease at a low rent within a pleasant neighbourhood, producing steady year-round trade. Following five years of ownership, the seller is now retiring, creating an opportunity for new ownership to progress the business further, including the straightforward reinstatement of kebab sales to meet existing demand. This is an ideal opportunity for an experienced operator to develop the business further.
