Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Well-Established Fish And Chip Shop With Rental Income, East Finchley For Sale

East Finchley, London, UK
Asking Price:
£185,000 Furniture / Fixtures included
Turnover:
£520,000
Net Profit:
Undisclosed

Key features:

  • £8,000–£10,000 weekly turnover, partly staff-run
  • £42,000 annual rent income from let upper floors
  • 3+1 pan Preston & Thomas counter range
  • Firmly established high road unit in an affluent catchment
  • Genuine sale due to other business commitments

An established unit fish & chip takeaway & delivery on a sought-after North London high road, turning over £8,000 to £10,000 a week and run partly by staff. The self-contained upper floors are fully let and produce a further £42,000 a year in rental income which makes an annual rent profit of £4,000. A genuine sale due to other commitments, well suited to a capable family team ready to take a strong, well fitted operation to the next level.

Trading figures:
The vendor reports weekly turnover of £8,000 to £10,000, achieved with the business run partly by staff. The bulk of the takings come from the takeaway counter with the balance from a steady flow of deliveries via the usual third-party platforms and the shop's own app. On top of trading income, the let upper floors contribute a further £42,000 per year in rent.

Trade equipment:
The headline piece is a 3+1 pan Preston & Thomas counter range, a serious, well-regarded frying setup that anchors the takeaway operation. Alongside is a computerised till, numerous fridges and freezers, two-pot bain-marie, charcoal grill, walk-in freezer, grills, microwave oven, salad prep, two kebab machines, a commercial gas oven, plus chipper and peeler. A full inventory will be made available prior to completion.

Special remarks:
A well-established and popular business with a strong reputation for quality and for achieving good prices and one that on inspection, requires no meaningful further expenditure to keep trading at its current level. The sale is genuine, driven by the vendor's other commitments and the combination of £8,000–£10,000 weekly takings and a £42,000 rental income from the floors above which makes a rent profit of £4,000. A superior unit, extremely well presented, with clear scope for a capable family team to push it on further.

Property Information

Property:

Leasehold

Living Accommodation:

The self-contained upper floor comprises four rooms, kitchen and bathroom, currently let and producing £42,000 in annual rental income.

Location:

A well established pitch on a busy North London high road, sitting alongside a number of well known retailers and close to an underground station. The surrounding suburb is heavily populated and notably affluent, providing a large catchment that supports solid, year-round trade rather than the seasonal swings some takeaways live with.

Premises Details:

A very substantial, eye catching unit, fronted by a glazed shop window beneath an elegant illuminated fascia running across the full width. The takeaway has its own separate entrance and is finished with wooden flooring, part-tiled walls, a suspended ceiling and some seating, built around the 3+1 pan Preston & Thomas counter range. A dedicated cooking section sits under an overhead extractor and leads through to a well equipped kitchen, with a few steps down to a rear potato preparation area housing a walk-in freezer with access to a small yard. A well established shop, well worth viewing.

Business Operation

Trading hours:

Seven days a week: 11.30am – 10.00pm.