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Fish and Chip Shop for sale in London with lease and potential for extended trading hours

Brixton, London
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Smartly fitted fish & chip shop and restaurant, Brixton Photo 1
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Smartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, BrixtonSmartly fitted fish & chip shop and restaurant, Brixton
  • Leasehold: £170,000
  • Turnover: £416,000 (£8,000 per week)
  • Profit: On request

Business Details

Smartly fitted fish & chip shop and restaurant, Brixton

Key features

  • Around £8,000 weekly turnover on a five-day week
  • Potential for home deliveries to be introduced
  • Combined takeaway counter and 20-cover restaurant
  • Densely populated Brixton catchment, undergoing gentrification
  • Genuine retirement sale after seven years of ownership

About this business

A deceptively spacious fish & chip takeaway with a 20-cover restaurant in one of London's most densely populated districts, currently turning over average £8,000 a week on a five-day trading pattern with no deliveries. The shop was converted from scratch from a former Chinese takeaway in mid-2016, fitted out at considerable expense, and has traded in the same hands ever since. A genuine retirement sale after seven years of ownership, leaving clear scope for a new operator to extend the trading days, add home deliveries and grow the takings.

Trading figures

The seller advises weekly turnover sits in the region of £8,000, achieved across just five days of trading with no deliveries. With the shop currently closed on Sundays and not opening late into the evening, there is room for an incoming operator to extend the rota and lift the takings without changing anything else about the business.

Trading hours

Tuesday to Saturday: 12.00 noon – 10.00pm. Sunday: closed. 
Plenty of scope for later opening and Sunday trading.

Business premises

A mid-terrace unit converted into a fish & chip shop at considerable expense in mid-2016 to a high standard having a frontage which is fully glazed under a broad lit fascia with matching signage. The interior is deep and smartly styled, with tiled flooring, painted walls and distinctive lighting running the length of the unit. A 20-cover restaurant area sits at the far end with wooden tables and chairs plus good washroom facilities. The three-pan counter range encloses the frying and serving bay, with a sectioned-off passageway leading through to a general preparation area kitted out with a generous run of stainless-steel trade items and equipment. To the rear is a large potato room and store with clad walls, housing a walk-in cold room and a storage cupboard. A well-laid-out, practical shop that is well worth viewing.

Trade equipment

Headed by a three-pan K-Star counter range, with the rest of the kit comprising a digital till, microwave oven, small drinks cabinet, stainless-steel fish keeper, small fridge and freezer, rotary oven, walk-in cold room, two chest freezers, double-door under-counter fridge, griddle, chipper and peeler. A full trade inventory will be provided prior to completion.

Trading position

A busy pitch on a small parade of 11 units fronting a major A-route, which delivers constant passing trade past the door. Schools, a pub, bus stops, a supermarket and offices all sit close by, layering several reliable customer streams onto the same location. The surrounding catchment is one of the most densely populated districts in London — flats, houses and bedsits in every direction — and the area continues to undergo gentrification.

Special remarks

The seller converted this shop from a former Chinese takeaway in mid-2016, creating a modern concern that is smartly presented throughout and backed by well-appointed preparation facilities. With Sundays currently closed and trading ending at 10.00pm, the route to growth is straightforward: extend the rota, keep the standards the current owner has set, and the £8,000 weekly turnover has clear room to move. A genuine retirement sale after ten years of ownership.

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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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