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Fish and chip shop with three-bedroom flat in North Essex available for leasehold

Undisclosed, Essex
1 of 1
FISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEX Photo 1
FISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEX Photo 2
FISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEX Photo 3
Enlarge
FISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEXFISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEXFISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEX
  • Leasehold: £175,000 (Stock at valuation)
  • Rent: £30,000 (£2,500 per month)
  • Turnover: £400,000 (£7,692 per week)
  • Profit: £70,000 (ROI 40% • Payback 2.5 years)

Key Features

  • Trade Gardens Available
  • Established Business
  • Offers Invited
  • Prime Location

Business Details

FISH & CHIP SHOP WITH 3 BEDROOM FLAT PRICE: £175,000 plus SAV – LEASEHOLD LOCATION – NORTH ESSEX

FISH & CHIP SHOP WITH 3 BEDROOM FLAT

PRICE: £175,000 plus SAV – LEASEHOLD

LOCATION – NORTH ESSEX VILLAGE

REF: C0088E

FISH & CHIP SHOP WITH 3 BEDROOM FLAT trading from an IMPOSING DETACHED PROPERTY with a LARGE FORECOURT occupying a HIGH-PROFILE POSITION on the MAIN ROAD that serves TWO SEASIDE TOWNS from this NORTH ESSEX VILLAGE. The business has been ESTABLISHED SINCE THE 1950’s and has operated under the SAME FAMILY OWNERSHIP FROM 1984 and comes to market with a HIGHLY ENVIABLE REPUTATION along with a GENUINE REASON FOR SALE. The business is being sold with a FULL COMPLEMENT OF EQUIPMENT inclusive of A PRESTON THOMAS 3 PAN RANGE & A PRESTON THOMAS 2 PAN RANGE. The current takings average between £7,000 - £8,000 PER WEEK on a 40 HOUR TRADING WEEK offering HUGE SCOPE to increase revenues. A NEW SECURE LEASE is available at an asking rental of £30,000 PER ANNUM EXCLUSIVE, INCLUDING THE SELF-CONTAINED 3 BEDROOM FLAT. Rarely does such a well-established and VERY PROFITABLE fish and chip shop with accommodation become available so an EARLY VIEWING IS ADVISED by sole agents ESSEX AND SUFFOLK BUSINESS SALES.

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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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