London,UK, ID 139811
WEST LONDON. A solid, high-turnover fish and chip and fast food business, remaining in the same family ownership since 1974. Offered with a new 15-year council lease, the long-established corner unit is located within a busy shopping area, benefiting from strong passing trade. The densely populated surrounding district provides a consistent customer base throughout the year.
TENURE: It is understood that the seller is in negotiations with the Council, which is offering a brand-new 15-year lease with an initial rent of 25,000 per annum for the first two years, increasing to 27,500 per annum for the following three years.
TRADING FIGURES: We have been advised by our client that turnover is in the region of 10,000–12,000 per week, generated primarily from takeaway sales, with some deliveries via the usual platforms. There is good potential to introduce earlier opening hours to capture the breakfast trade.
TRADE EQUIPMENT: A good range of equipment including a two-pan Preston & Thomas counter range, long glass-fronted refrigerated display cabinet, two kebab machines, two bain-maries, griddle, heated cabinet, three microwave ovens, till system, basket fryer, walk-in cold room and freezer, pressure fryer, chipper, and 56lb peeler. (The above items of equipment have not been tested by Rosens.) A full trade inventory will be provided prior to completion.
SPECIAL REMARKS: This well-known business has remained in the same hands since 1974 and is currently operated by the original owner’s son, who is now seeking to move on after many years of successfully running the shop. The business benefits from strong weekly takings, which could be further improved under younger and more energetic ownership, as will be evident upon inspection of this busy and established trading position.
HIGHLY RECOMMENDED popular business that would suit a capable operator looking to take it to the next level. Personally inspected by the sole selling agents.
This well-known business has remained in the same hands since 1974 and is currently operated by the original owner’s son, who is now seeking to move on after many years of successfully running this successful shop. The business enjoys solid weekly takings, with further scope for growth under younger and more energetic new ownership, which will be apparent upon viewing this busy and well-established trading position. Highly recommended popular business that would suit a capable operator looking to take it to the next level.
