Watford,London,UK, ID 139707
Fully fitted fish and chip shop available for sale in Watford. Property ID: RPS-22576.
Proof of funds required: all interested buyers must be able to provide proof of funds prior to requesting a viewing.
Main details: eligible for 100% business rates relief. The premises benefit from excellent visibility and offer an area of approximately 296.76 sq ft. The shop is fully equipped and well maintained, permitted for use as A5, and benefits from gas supply and extraction. The business holds a 5-star food hygiene rating.
Landlord’s requirements: a guarantor may be required, subject to references. A rent deposit equivalent to three to six months will be required, subject to references. Other standard checks will be undertaken.
Lease details: the lease runs until 2031 and is inside the Landlord and Tenant Act 1954. The rent is £18,000 per annum exclusive. Rent reviews take place every four years, with the next review scheduled for March 2026. The premium is £95,000 for the business, lease, and fixtures and fittings.
The premises: total area of approximately 296.76 sq ft. Permitted for use as A5, with gas supply and extraction in place. The premises hold a 5-star food hygiene rating. The rateable value is £5,900, qualifying for 100% rates relief.
The business: gross revenue is reported to be approximately £156,000 per annum, equating to around £3,000 per week. The business is managed by the owner and operates with three full-time and two part-time members of staff.
The location: situated in Watford, WD17. The property benefits from strong visibility, with street parking available, and is located a few minutes from Watford Junction station.
Viewings and confidentiality: all interested buyers must have proof of funds sufficient to meet the premium and landlord’s requirements. A non-disclosure agreement must be agreed with the company due to confidentiality requested by the client. Viewings are strictly arranged through Restaurant Property Sellers only. Use of the website constitutes agreement with the company’s terms and conditions.
Disclaimer: the above information has been provided by the seller and is issued without responsibility on the part of the firm and should not be relied upon as statements of fact. Any intending purchaser must satisfy themselves as to the accuracy of each statement. Neither the firm nor any of its employees has authority to make or give any representation or warranty in relation to this property.
