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Fish and Chip Shop for Sale in Essex with Turnover of £6K Per Week

Waltham Abbey, Essex
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Fish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in EssexFish and Chip Shop in Essex
  • Leasehold: £155,000
  • Turnover: £312,000 (£6,000 per week)
  • Profit: Not Applicable

Business Details

Fish and Chip Shop in Essex

View more details - click here >>>
 

TAKINGS: We understand turnover is £6,000/7,500 per week with approximately 70% being takeaway & some restaurant trade and the balance delivery sales. SCOPE FOR LATER AND SUNDAY OPENINGS.

TENURE: We have been informed by the Seller that the Council granted a new 15 years Lease in March 2022 with 5 yearly reviews at rent of approximately £20,150 for large town centre Lock- Up shop. 

TRADING HOURS: Monday, 12.00 noon to 10.00pm. Tuesday to Saturday, 11.30pm to 10.00pm. Sunday, closed. POTENTIAL FOR ADDITIONAL OPENINGS, ESPECIALLY SUNDAYS.

ACCOMMODATION: No accommodation is included in the sale.

BUSINESS PREMISES: Mid terrace premises within a parade of 5 other units having a wide fully glazed shopfront with twin door beneath a large smart lit coloured fascia. The spacious customer area is pleasantly styled having tiled flooring, painted walls with dado rail, suspended ceiling and comfortable seats 12 covers, but has space to double capacity. The 3 pan 'Hewigo' range & counter has a attractive fluted frontage which encloses the stainless steel clad cooking section with overhead extraction canopy, menu display and is well fitted & equipped. To the side is handy good size mostly tiled general preparation facility that incorporates potato works/store, double stainless steel sink and has access to rear stock room and covered yard where deliveries are made.

EQUIPMENT: Usual trade equipment to include a 3 pan 'Hewigo' counter range, charcoal grill, computer till, triple door under fridge, numerous fridges & freezers, 4 pot bain-marie, pressure fryer, fish keeper, microwave oven, chipper and peeler. ( The above items have not been tested by Rosens ). Full trade inventory will be provided for prior to completion.

TRADING POSITION: Established trading position on small parade of 5 shops, just outside pedestranised shopping area of this historic town, having local and some national retailers, supermarkets, numerous pubs and street market. The locality is heavily populated with a large catchment area plus attracts many visitors to the local places of interest, all of which provide solid trading throughout the year. 

SPECIAL REMARKS: Our client purchased this well known shop 6 years ago and improvements were made creating a smart bright and airy unit which will be evident when viewing. Also has the benefit of a long secure Council Lease and scope to expand in the right hands.

PRICE: £155,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

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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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