Traditional Fish and Chip Shop in Letchworth Garden City Hertfordshire for Sale
Letchworth Garden City, Hertfordshire
- Status
FOR SALE
- Advert ID
626637
- Leasehold: £45,000
- Rent: £5,000 (£417 per month)
- Turnover: On request
- Net Profit: On request
Key Features
- Small Business
- Accounts Available
- Established Business
Business Details
Traditional fish and chip shop
The business up for sale is a well-established traditional fish and chip shop located in the heart of Letchworth Garden City, Hertfordshire. With a proud history spanning over 15 years, this shop has been consistently delivering high-quality fried fish delights to its loyal customer base.
Having been under the same ownership since its inception, the shop has built a solid reputation and is well-recognized in the local community. The business is now available for purchase as a leasehold for £45,000, which includes all existing stock, offering a lucrative opportunity for someone aspiring to continue this family-owned culinary tradition.
The shop's strategic location in the town center ensures a steady stream of foot traffic, enhancing its business potential. Additionally, the annual rent is an affordable £5,000. Prospective buyers will also have access to available accounts, providing transparency and peace of mind as they review the financial health and historical success of the enterprise.
This small business offers a unique chance for an entrepreneur to acquire a time-honored establishment with deep roots in the community. For those passionate about maintaining a classic British staple, this could be the perfect venture.
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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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