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Fish And Chip Shop In Essex For Sale

Essex, UK
Asking Price:
£295,000
Turnover:
Available on request
Net Profit:
Available on request

ESSEX, SOUGHT AFTER AREA. NEWLY ESTABLISHED EARLY 2020, MID TERRACE FISH & CHIP TAKEAWAY HAVING SLIGHT DELIVERY SALES, EXPENSIVELY FITTED AND WELL EQUIPPED, OPERATED TOTALLY BY STAFF, REGULAR HIGH TURNOVER, EXCELLENT PARADE TRADING LOCATION SERVING THICKLY POPULATED COMMUNITY, OFFERED WITH A NEW 20 YEAR LEASE, EXCELLENT SCOPE FOR OWNER OPERATOR & KEBABS.

TENURE:
We understand the Landlord is prepared to offer a new 20 year Lease with 4 yearly reviews at initial rental of £22,000 per annum for Lock Up shop in busy location.

TRADING FIGURES:
We have been informed by the seller that weekly turnover is £8,500/9,000, being mainly takeaway sales with slight deliveries by Deliveroo. Due to vendors other business interest the shop is run under management and affords EXCELLENT SCOPE FOR OWNER OPERATOR TO INCREASE TRADE FURTHER PLUS STRONG DEMAND FOR KEBABS TO BE INTRODUCED.

TRADE EQUIPMENT:
Most of the equipment was newly purchased in 2020 and comprises of the following: 3 pan Preston & Thomas counter range, computerised till, rotary oven, salad bar, microwave oven, stainless steel fish keeper, 2 freezers, 2 fridges, 4 pot bain marie, coffee machine, chipper, 56lb peeler plus not used griddle. charcoal grill and commercial gas oven. ( The above items have not been tested).

SPECIAL REMARKS:
In early 2020 the vendor has spent in the region of £140,000 on converting from a Barbers shop into this quality unit that requires no additional outlay which will be evident upon viewing. THE SHOP ALREADY ACHIEVES VERY HIGH SALES THAT CAN STILL BE INCREASED BY FULL TIME OWNERSHIP TO TAKE TO THE NEXT LEVEL.

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Property Information

Property:

Leasehold

Living Accommodation:

This is a Lock Up shop, therefore no accommodation is included in the sale.

Location:

Excellent trading site, perfect for this type of business, on busy parade having lots of passing footfall, with the benefit of 1 hour free parking at bays outside. The surrounding popular district is heavily populated, being a mixture of council and private homes plus large wealth catchment area. In close proximity of main underground station, bus stop schools and park plus has good access to M25 & M11 motorways.

Premises Details:

Mid parade premises having a very smart totally glazed shop front beneath a canopy and a prominent large coloured fascia plus signage. Extremely well fitted deep sales shop, tastefully styled with tiled flooring, two tone painted walls, inset lighting and has seating for 14 people. The fluted fronted 3 pan counter range has attractive hanging lights, encloses the frying /serving bay having a tiled wall with menu display and stainless steel shelving. Adjacent is a well equipped cooking section (not used), continuing through to fully tiled general preparation space which incorporates potato works and has access to rear yard for deliveries. A SUPERB UNIT HAVING APPROXIMATELY £140,000 SPENT ON CREATING THIS FIRST CLASS FISH & CHIP SHOP.

Business Operation

Trading hours:

Monday through to Saturday, 11.30am to 10.00pm. Sunday, 12.00 noon to 9.00pm.