Fish And Chip Shop Take Away Plus Restaurant Area For Sale

Business description

Outstanding opportunity to acquire a well equipped Takeaway Fish & Chip Shop plus Restaurant situated in this excellent main trading position and with the advantage of being approximately 300 yards from Wembley Stadium.

IMPRESSIVE DOUBLE FRONTED PREMISES probably in the region of 800 sq. ft. area. Newly fitted approximately 6 years ago. Attractive porcelain tiled floor, suspended ceiling with concealed lighting. 4-pan Kiremko gas counter range, electronic cash register, upright glass fronted drinks fridge, stainless steel fish fridge.

RESTAURANT AREA with tables and chairs plus booth type seating for approximately 42 persons.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

KITCHEN WITH TILED FLOOR 1 fridge, 2 chest deep freezes, double sink

SEPARATE POTATO AREA with potato chipper and peeler

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a new 10 years lease from February, 2012 at a rental of £17,250 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform Business Rates: £3,900 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, MIDDLESEX

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60/65% approx. We understand the business benefited from Wembley Stadium events. We are further advised that this comprised approximately 35 events and accounted for approximately £60,000 of the turnover last year. We are further advised by the present owner that this year, due to the Olympics there should be additional events at Wembley providing the potential for additional turnover.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 11.45 a.m. - 9 p.m.
NO SUNDAY TRADING

Employees:

The business is at present operated by the vendor with the assistance of 2 full time staff plus additional extra part time staff when there are events at Wembley Stadium.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance