Westcliff Fish and Chips Takeaway for Sale with Expansion Potential and Low Rent
Westcliff on Sea, Essex
- Status
FOR SALE
- Date Submitted:
15/08/23
- Advert ID
518148
- Leasehold: £79,000 (Stock at valuation)
- Rent: £15,600
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: £50 (1% Profit margin)
Key Features
- New Lease
- Small Business
- Prime Location
- Price Reduced
- Fully Fitted
Business Details
Fish and Chips Takeaway in Westcliff on Sea
This is a traditional Fish & Chip shop with a full A3 & A5 licence (2300). The shop presents a great potential for expansion into a kebab, pizza, or takeaway outlet. Rent for the premises is only £15,600 per annum and the turnover is £4,500 per week.
Located in Westcliff On Sea, Essex, the leasehold is priced at £79,000 SAV.
This impressive business has a healthy turnover of £4,500 per week and a low rent of £15,600 per annum. Plus, potential business owners won't have to worry about rates as they're nil. The lease term is for five years.
The premises hold A3 & A5 licences (2300) and cover approximately 1200 square feet. This provides enough space to conduct operations and even expand if desired.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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