Licensed fish restaurant and takeaway for sale in Hornchurch, London with a secure lease.
Hornchurch, LondonEst. 5 years
- Status
FOR SALE
- Advert ID
659261
- Reference
591430 / Rightbiz
- Call Agent:
- Leasehold: £290,000
- Turnover: £754,000 (£14,500 per week)
- Profit: Not Applicable
Business Details
Restaurants For Sale in Hornchurch
LICENSED FISH RESTAURANT AND TAKEAWAY in London for Sale.Ernest Wilson are thrilled to present to the market this superbly appointed licensed fish restaurant and takeaway. Operated by our clients since 2021, the business has benefited from a comprehensive and high quality refurbishment throughout, creating an inviting, modern and attractive dining environment. Early viewing is strongly advised to fully appreciate the standard on offer. The business is brought to the market only due to our clients’ ill health, making this a genuinely reluctant sale. Occupying a prime trading location on a vibrant and highly trafficked high street, the property sits adjacent to a major supermarket, ensuring exceptional levels of passing footfall throughout the day. The restaurant currently trades seven days a week on relatively easy hours, with no late evening openings. This presents a significant opportunity for an enthusiastic new operator to extend trading hours late opening licence available and further develop the already impressive weekly turnover of £14,5000. The foundations are strong, and the potential for growth is considerable. Pavement licence available at the moment, all of the licenses available to have a bigger potential. The premises are held on a secure lease with very reasonable rent, particularly rare given the prominence of the site. The internal layout provides a spacious and stylish restaurant area featuring a dedicated cocktail bar, along with well-maintained ladies, gents, and disabled WC facilities. To the rear is a fully equipped commercial kitchen, additional storage areas, staff facilities, and a private office. A particularly notable feature is the separate takeaway counter and service area, enabling the business to cater simultaneously to dine in customers and takeaway clientele - maximising appeal and revenue streams. EPC Band C
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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.
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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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