Leasehold Traditional Fish & Chips Restaurant with Flat in Richmond London, £13K Weekly Turnover
Richmond, London
- Status
FOR SALE
- Date Submitted:
30/10/23
- Advert ID
601877
- Reference
C1096 / Rightbiz
- Call Agent:
- Leasehold: £275,000 (Stock at valuation)
- Rent: £75,000
- Turnover: £676,000 (£13,000 Per week)
- Net Profit: Not Applicable
Key Features
- Prime Location
- Close to Local Amenities
- Attractive Business
- Adjacent to Multiple Retailers
- High Turnover
- Accounts Available
- Town Centre location
- Fully Fitted
- Established Business
Business Details
LEASEHOLD TRADITIONAL FISH & CHIPS RESTAURANT AND TAKE AWAY
EXCEPTIONALLY WELL ESTABLISHED - PRIME LOCATION - EXCLUSIVE AREA - TURNOVER £13,000 PWK - 3 BED FLAT INCLUDED
Location
These immaculately presented premises occupy a prime trading position fronting a busy main road close to the centre of Richmond and serving a well populated exclusive residential area.
Business
The business has been established for some 88 years, have been in the present hands for some 4 years and now being marketed as a result of the Vendors other business interests. Tremendous potential exists for the introduction of additional trading lines and more deliveries.
Turnover
£13,000 PWK @ 60% G.P. (Inc £400 PWK deliveries)
Plus £10,000 P.A. from film location revenue
Staff
Owner plus 3 Full time and 3 Part time Staff
Hours
Mon to Sat - 12.00 noon to 10.00pm
Sun - 12.00 noon to 9.00pm
Premises
Mid parade premises with charming single frontage and single entrance to Take Away Area: Bateman 4 pan range, prep surfaces, espresso machine, elect till, fridge. Restaurant Area: with 100 Covers at quality furniture. Customer Ladies and Gents W.C's. 2 Staff Rooms: Lower Ground Floor: Prep Area: st/stl sink, st/stl prep surfaces, 3 chest freezers, upright chiller, walk in Coldroom: Potato Prep Area: with peeler and chipper. OUTSIDE: Yard: Pedestrian access.
Living Accommodation
Flat over comprising: 3 Double Bedrooms: Lounge: Kitchen/Diner: New fitted units, oven and hob. with access to roof terrace. Bathroom: Sep W.C.
Tenure
7 years remaining on original 15 year lease. RENT - £75,000 P.A. (5 year reviews)
EPC Rating
TBA
Business Rates
£6,112.75 P.A. (Payable 23/24)
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.'.
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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.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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