Fast Food Restaurants for sale in Essex

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Ian McGregor (Nov 2013)
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Leasehold Price: £99,500 Price Reduced
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Business Description
ESSEX, TOP SOUGHT-AFTER EPPING & LOUGHTON DISTRICT. LONG ESTABLISHED OLDER STYLED AND NEGLECTED ALL TAKE AWAY FRIED FISH BUSINESS WITH CHINESE TAKE AWAY. AMAZING FUTURE POTENTIALTAKINGS: Taking a very neglected £2500 p.w. from Fish & Chips and Chinese all take away sales. Very limited menu. This unique trading location should be seeing double present weekly takings, if not more. Does need modernising throughout.

TENURE: Secure 6 years Lease at just £16,000 p.a. to include Fully S/C 2 bed flat, in need of refurbishment. Having been established nearly 50 years ago, there is obviously no planning concent, but the Vendor is obtaining a Lawful User Certificate.

TRADING HOURS: Trading just 4 full days a week from 12.00 noon to 2.00 pm and 5.00 pm to 11.00 pm. Tuesdays & Sundays from 5.00 pm to 11.00 pm.

ACCOMODATION: Good size 2 bedroom flat above has fully self-contained front entrance and internal stairs to above. Needs complete refurbishment throughout. Excellent potential to produce good rent income of at least £12,000 p.a. if not required for own use.

BUSINESS PREMISES: Purpose built Fish & Chip shop is of older styling and requires refurbishing throughout. Bright fully glazed double frontage with twin doors into compact sales area with counter for sale of Fish & Chips and Chinese foods. The actual depth of this property is nearly 100 feet ( 30 mtr ) and as indicated requires a lot of attention to whole area. Huge storage facilities, car port and garage, rear access via service area and parking. The modernising of this unique & excellent potential business must without a question of a doubt, produce an extremely high turnover. Completely unopposed for miles. With extension developments at rear, a 60/80 seater restaurant could also be introduced ( Subject to usual planning ).

EQUIPMENT: Virtually all items of equipment will eventually need replacing. Headed by 2 pan ( Preston & Thomas ) counter range, 6 pan Chinese Wok unit, 3 chest deep freezers, Fridge/cooler, 6 ring industrial gas cooker, assorted fridges, overhead extraction, chipper, peeler, plus trade utensils.

TRADING POSITION: Trading just 4 full days a week from 12.00 noon to 2.00 pm and 5.00 pm to 11.00 pm. Tuesdays & Sundays from 5.00 pm to 11.00 pm.

SPECIAL REMARKS: Very rarely do Fish & Chip shops of this nature become available to purchase, which have such amazing future potential. As indicated, business really requires a complete refit, which once completed could eventually produce an extremely high turnover Chippy, with no opposition for miles. Train Station close by. A trade builders dream come true.



Tenure: Leasehold

Listed by: Rosens BTA Limited
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