Fish and chip restaurant with six letting bedrooms in Southend-on-Sea available for sale
Southend on Sea, Essex
- Status
FOR SALE
- Advert ID
654619
- Reference
RX820930 / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Rent: £32,500 (£2,708 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: On request
Key Features
- Enclosed external seating
- Established customer review ratings
- Established for many years
- Established high-street presence
Business Details
FISH & CHIP RESTAURANT TAKEAWAY + 6 LETTING BEDROOMS SOUTHEND ON SEA
FISH & CHIP RESTAURANT/TAKEAWAY 6 LETTING BEDROOMS - SOUTHEND-ON-SEA - A fantastically presented business which has recently undergone a £50,000 refurbishment. The business has been long established, with our client owning and operating it for in excess of 11 years. Our client purchased the business as a going concern, so was established long before then. Licensed for alcohol. 50 internal covers and 16 outside covers. High takings of £7,000-8,000 per week. Secure lease with approximately at a rental of £32,500 pa offset by £25,200 pa rental income from the living accommodation letting rooms. Genuine enquiries only please. Viewing recommended.
A traditional fish and chip restaurant/takeaway that is licensed for the sale of alcohol until 12 o'clock midnight, offering a menu to include fish, chips, burgers, pies, chicken, mushy peas, sausage, pickled onions etc. The business has been long established, with our client running the business for 11 years and trading as a fish and chip shop long before that. The premises includes the ground floor business premises, first and second floor living accommodation that is currently arranged to provide 6 letting bedrooms, which are let producing a substantial rental income of £25,200 per annum which considerably offsets the annual rent on the whole building.
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
