Well Appointed Fish And Chip Shop In London For Sale in Great Britain for 47000

Asking price:

GBP £47 000

Owner

Owner's representative

179 business for sale

Description

East London, Leytonstone area. Well-presented pizza and kebab takeaway with a small restaurant and some delivery trade, currently operating on limited opening hours. The premises have been recently redecorated and are fitted and equipped to a good standard. Located on a busy high road, the business has been under the same ownership since 2015 and is offered for sale due to health reasons.

Tenure: it is understood that approximately nine years remain on the lease, with a current rent of £15,500 per annum for a large lock-up shop.

Trading figures: it is understood that this underperforming business currently generates takings of £1,500–£1,700 per week over limited opening hours. It is considered that performance would improve under more capable new ownership and with extended opening times.

Trade equipment: a good range of trade equipment is included, briefly comprising:

Wood-fired pizza oven

Two doner kebab machines

Double-door under-counter refrigerator

Charcoal grill

Basket fryers

Four-pot bain-marie

Salad preparation bar

Numerous refrigeration units and additional items

The above items of equipment have not been tested by Rosens. A full inventory will be provided prior to completion.

Special remarks: this is a genuine sale due to ill health of a well-fitted and fully equipped shop that requires no further expenditure. The premises were converted from a café in 2015, at which time they were fully refurbished, and have recently been redecorated. There is clear potential to increase the currently underperforming turnover through more committed ownership and extended opening hours, which will be evident upon inspection.

Personally inspected by sole selling agents. Genuine ill health sale of this well-fitted and equipped shop that requires no additional expenditure and was converted from a café in 2015 when it was fully refurbished and has recently undergone redecoration. There is good scope to increase the underachieving turnover through more committed ownership and additional opening hours, as will be apparent on viewing.

Details

Real Estate: Lease

Asking price: 47 000 gbp

Rent (per year): 15 500 gbp

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