City of London, London, ID 166402
This well-established fish and chips and fried chicken shop is situated in a prime location in Southgate, North London, benefiting from excellent footfall and high visibility. Operating successfully for 20 years, the shop recently underwent a full refurbishment, featuring modern exposed brick walls, contemporary lighting, and a fully equipped commercial kitchen with stainless steel appliances. These upgrades have enhanced efficiency, service standards, and overall customer appeal. The business offers both dine-in and take-out services, with a comfortable dining area including booth and table seating. The prominent storefront and appealing signage attract a steady stream of customers, and the location near other shops, restaurants, and public services adds to its foot traffic. While there is some nearby competition, including Burger King, the shop maintains a strong market position due to its reputation and loyal customer base. Currently offered as a leasehold at £75,000, the business achieves a turnover of £114,400, with an annual rent of £26,400 and a profit margin of £1,200. The sale includes all fixtures, fittings, and stock, with accounts available for serious buyers. The business operates with two employees and maintains an online presence to further drive sales. Additional features include a split-level trading area, open plan layout, and nearby car park. The shop provides a ready-to-trade opportunity and training can be offered for the new owner. This represents an ideal acquisition for entrepreneurs seeking a high-turnover, established food business in a sought-after North London location.
