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.
 

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S Martin (Feb 2013)
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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
Find out more about this business for sale opportunity by submitting the form below.
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CF32629LN
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