Fish And Chip Shop In London For Sale in Great Britain for 44950

Asking price:

GBP £44 950

Owner

Owner's representative

179 business for sale

Description

SOUTH EAST LONDON. Established under the same ownership for the past 19 years, this older-style fish and chip takeaway offers clear scope for development. The business currently trades for just two lunchtime services and five evenings, closing no later than 9.00 pm. A new lease is available from the landlord. The surrounding catchment area is of good quality, and the sale is prompted by health issues leading to premature retirement. Viewing is essential to fully appreciate the potential achievable through modernisation.

TENURE: It has been advised by the client that the landlord is offering a new 20-year lease, with rent reviews every five years, at a commencing rent of 16,500 per annum.

TRADING FIGURES: Due to health-related constraints, the business operates on reduced hours, generating weekly takings of approximately 2,500–3,000 from only two lunch periods and five evenings, closing no later than 9.00 pm. The majority of trade is from counter sales offering a basic fish and chip menu, with limited deliveries via Just Eat. There is substantial scope to increase turnover significantly by refurbishing, extending trading hours to normal levels, and expanding the menu to include kebabs or other food options, with potential for turnover to treble or more.

TRADE EQUIPMENT: Traditional trade equipment includes a two-pan Preston & Thomas counter frying range, digital till, two-pot bain-marie, toaster, griddle, fridge, fridge/freezer, microwave oven, small chest freezer, gas cooker, chipper, and peeler. (None of the above equipment has been tested by Rosens.)

SPECIAL REMARKS: The business has been operated by the current owner for the past 19 years and is being sold prematurely due to health reasons. While the premises would benefit from a full refurbishment, the investment would be justified given the excellent trading position and the potential to achieve very strong sales. This represents an ideal acquisition for younger ownership capable of realising the opportunities available. Personally inspected by the sole selling agents.

The business has been operated by the current owner for the past 19 years and is being sold prematurely due to health issues. Although refurbishment is required, the location offers an excellent trading position with the capacity to deliver very high sales. This is considered an ideal purchase for younger ownership seeking to unlock the evident potential.

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