FISH AND CHIPS PLUS ACCOM PLUS DEV AGREEMENT SW6

Price:

Leasehold - £129,500

Turnover:

Seller Ref:

C20796LN

Location:

London

Business Type:

Commercial Property, Food Service Businesses

See Other:

Fish & chip shops for sale in London
Development sites for sale in London
Food service businesses for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

C20796LN FISH AND CHIPS PLUS ACCOM FULHAM

UNIQUE OPPORTUNITY AS PURCHASE ORDER AGREED BY COUNCIL APPROVED CONTRACTOR FOR £250.000 BUT SELLER CANNOT WAIT DUE TO HEALTH. ONLY WANTS £129.500 NO OFFERS.

SHOP WORTH THAT SUM AS TAKINGS ARE £2.700 ON SIX DAYS AND RENT IS £14.000.

MODERN SHOP OVER £100K SPENT. OWNED 7 YEARS.

PURCHASE ORDER FULLY ASSIGNABLE AND EXCERCISABLE WITHIN 15 YEARS AS PART OF HAMMERSMITH DEV SCHEME.

LOCATION Lillie Road SW6 Area is well served by public transport; the premises are surrounded by a large-mixed quality residential catchment area

PREMISES Approx 18 ft shop frontage. Good sized refurbished sales area with full length counter tiled throughout. To the rear is the modern preparation area well equipped and with feature skylight and stairs leading to upper accommodation and storage all in excellent condition.

EQUIPMENT The shop has a full range of trade equipment including Preston and Thomas 2-pan counter range. Henry Penny chicken fryer. burger prep machine. oven. microwave. fish keeper. potato peeler. chipper. electronic cash register. drinks display cooler plus fridges and freezers a full list is available

THE BUSINESS The shop is in a good trading position amongst a medium sized parade in a predominantly residential area. Takings are well established and genuine £2.700 pw. The vendors did hope the shop would achieve more but this is the level achievable on 6 days trading closing at 9. The estimate is therefore for a minimum of £3.000 pw if also opening Sunday and extending hours. The menu is predominantly quality fish and chips but also includes fried chicken and pies but could be extended further. Husband and wife team run the business.

TENURE 15 YR after 2014. Rent £13.500. Rates £4.500 Rent reviews every 5 years.

PRICE £129.950 to include leasehold. goodwill. fixtures and fittings plus the benefit of and subject to the provisions of the option agreement.

OPTION AGREEMENT Full details are available from the vendor. EMF does not provide any warranty in respect of this aspect.

Trading Hours:

11-9 Mon Sat

Accommodation:

Yes