Restaurants for sale in London

View the "Traditional English Fish and Chip Takeaway / Restaurant: North London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £700,000 Leasehold Price: £250,000 Annual Turnover: £364,000
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Business Description
Freehold fish and chip restaurant in a desirable location close to town centre
Leasehold option available for 20 year lease
Rent only £400 per week for leasehold
Takings now £7,000 a week
Considerable potential to increase sales
Rates £650 per month
30 cover restaurant and takeaway

EM&F are delighted to offer a busy fish and chip shop and fish restaurant situated close to the town centre of a north Middlesex town.

Under the present ownership since 2013 the business offers a busy takeaway trade on six days a week (closed Sundays) whilst there is an approximately 30 cover eat-in restaurant that attracts a good amount of repeat business from loyal local customers.

Weekly takings are currently in the region of £7,000 but previously they have been higher and in our opinion the location and size / facilities of the shop has potential for the sales to be far higher than this level.

The lock-up shop (no accommodation) is available either on a freehold basis or a 20 year lease. Rent for the leasehold option would be £400 a week.

Traditional fish and chop shops with a turnover at this level and in a desirable location rarely come to market as freehold option and early viewing is highly recommended.

PRICE: £700,000 to include the benefit of the Freehold, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation or £250,000 for the leasehold.

This is a confidential sale and viewings may only be arranged through sole agent Everett Masson & Furby on 01908 904555

Trading Hours:


11:30am to 10pm Monday to Saturday. Closed Sundays.


Number of Employees: 3

Tenure: Freehold, Leasehold

Listed by: Everett Masson and Furby
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CF32629LN
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