Exceptional Fish And Chip Business In North London For Sale

Name: Exceptional Fish And Chip Business In North London For Sale
Address: GB

London, UK

Asking Price:: £175,000 Furniture / Fixtures included

Turnover:: £624,000

Net Profit:: Undisclosed

Key features:

£10,000–£12,000 per week under complete management control
Trading potential to return to the previous £25,000 per week takings.
£200,000 of refurbishments, including the £85,000 Kiremko range
80-seat restaurant plus separate adjacent takeaway shop.
Established for over 65 years on a prominent bold corner location.

A very long established fish & chip restaurant and takeaway in a wealthy north London suburb close to Hampstead, Finchley and Barnet. Present owners completely refurbished this business at a cost well in excess of £200,000 having originally purchased this chippy about 25 years ago. Presently taking a very neglected £10,000 to £12,000 a week under complete management and staff control. This fish & chip shop was originally established over 65 years by a previous English family.

Trading figures:
Takings currently averaging a very neglected £10,000 to £12,000 per week, achieved entirely under management & staff control and amazingly from just 5 days trading and very limited op

Property Information

Property:: Leasehold

Living Accommodation:: There is NO ACCOMMODATION included with this business.

Location:: A very prominent eye-catching bold corner trading location on very busy main through-road in North London on the borders of Hertfordshire & Middlesex and with easy access to the M1 and M25 Motorways plus virtually on the A406 North Circular Road. The surrounding catchment areas are densely populated and notably wealthy & affluent in very close proximity to Hampstead, Finchley and Barnet, with the West End around 30 minutes' drive away. Exactly the kind of position you can only dream of which has supported this business for over six decades.

Premises Details:: Completely refurbished throughout a few years ago at a cost in the region of £200,000 which will become immediately evident on viewing. The layout combines a superb 80-seat restaurant with a separate adjacent takeaway shop, supported by a very professional preparation and working area to the rear. Materials, finishes and equipment are best-quality throughout, and the condition reflects the care and expense the current owners have put into the fit-out. Viewing really is the only way to appreciate what has been done here.

Business Operation

Trading hours:: Just 5 days trading a week between Tuesday to Saturday from 12.00 noon to 2.30 pm and 5.30 pm to 10.00 pm. Trades for only 49 weeks of the year.