Fish and Chip Shop for Sale in Essex with Weekly Turnover of £5-6k
Colchester, Essex
- Status
FOR SALE
- Advert ID
644121
- Reference
12378 / Rightbiz
- Call Agent:
- Leasehold: £84,950
- Turnover: £312,000 (£6,000 per week)
- Profit: Not Applicable
Business Details
Fish and Chip Shop in Essex
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TAKINGS: We have been informed by our client that the weekly turnover is in the region of £5,000 to £6,000 which can be further improved by new ownership. Mostly counter sale on a fairly conventional Fish & Chip menu closing 9.00pm latest.
TENURE: We understand that 6 years remain on the Council Lease with a current rent of just £7,800 per annum.
TRADING HOURS: Monday through to Saturday, 11.30am until 9.00pm. Closed Sunday.
ACCOMMODATION: No accommodation is included in the sale.
BUSINESS PREMISES: Mid terrace parade shop having the benefit of car park in front of a fully glazed frontage with single door under a eye catching lit coloured fascia. The good size bright and airy sales shop is very well fitted with tiled walls & flooring a suspended illuminated ceiling and fronted with a 3 pan range and attractive counter extension. Behind the frying/serving area in corner is a stainless steel clad cooking section with a overhead extractor, shelving and a large menu display above. Continuing through to handy preparation facility which is also fully tiled, incorporating potato work and access to rear service road for deliveries and houses a garage ( let separately for about £75 monthly ) uses for storage. A clean tidy well maintained shop in good order.
EQUIPMENT: Good assortment of equipment to include a 3 pan Preston & Thomas counter range, rotisserie grill, POS till system, 4 pot bain-marie, stainless steel fish keeper, salad servery, double door glass fronted fridge, griddle, fridge, upright freezer, double door freezer, chipper and 56lb peeler. ( The above items of equipment has not been tested by Rosens ).
Full trade inventory will be provided prior to completion.
TRADING POSITION: Firmly established trading position on local parade of 6 shops having the benefit of car park with free parking and in front is bus stops on a busy through rough route having plenty of passing as well as local trade. Ideal trading location within the heart of huge Council estate producing regular year round trading and we have been informed by the Seller that a large housing development is proposed in the vicinity which will secure a healthy future.
SPECIAL REMARKS: Excellent opportunity to acquire a well fitted shop with the advantage of a Council Lease which our client is now selling due to health issues after 15 years of successful trading having built up a good reputation through out the community which generates year round trading, leaving the way open for new owners to take forward.
THE SHOP IS BEING SOLD AT BELOW MARKET VALUE AND SERIOUS OFFERS WILL BE CONSIDERED FOR A QUICK SALE.
PRICE: £84,950 LEASEHOLD
PERSONALLY INSPECTED BY SOLE SELLING AGENTS
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.'.
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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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