Fish and Chip Shop in Essex

  • Leasehold Price: £155,000
Waltham Abbey, Essex, England
Seller Ref:ESS10628
For Sale

Fish and Chip Shop in Essex

Waltham Abbey, Essex, England
Seller Ref:ESS10628
  • Leasehold Price: £155,000

Description

ESSEX/HERTFORDSHIRE BORDERS. FIRMLY ESTABLISHED SPACIOUS FISH & CHIP TAKEAWAY AND RESTAURANT WITH DELIVERY SALES, WELL FITTED AND FULLY EQUIPPED, LONG SECURE COUNCIL LEASE, GOOD TRADING POSITION IN CENTRE OF SOUGHT AFTER PLEASANT MARKET TOWN, GOOD TURNOVER ALL YEAR ROUND, GENUINE SALE AFTER 6 YEARS OF OWNERSHIP.

TAKINGS: We understand turnover is £6,000/7,500 per week with approximately 70% being takeaway & some restaurant trade and the balance delivery sales. SCOPE FOR LATER AND SUNDAY OPENINGS.

TENURE: We have been informed by the Seller that the Council granted a new 15 years Lease in March 2022 with 5 yearly reviews at rent of approximately £20,150 for large town centre Lock- Up shop.

TRADING HOURS: Monday, 12.00 noon to 10.00pm. Tuesday to Saturday, 11.30pm to 10.00pm. Sunday, closed. POTENTIAL FOR ADDITIONAL OPENINGS, ESPECIALLY SUNDAYS.

ACCOMMODATION: No accommodation is included in the sale.

BUSINESS PREMISES: Mid terrace premises within a parade of 5 other units having a wide fully glazed shopfront with twin door beneath a large smart lit coloured fascia. The spacious customer area is pleasantly styled having tiled flooring, painted walls with dado rail, suspended ceiling and comfortable seats 12 covers, but has space to double capacity. The 3 pan ‘Hewigo’ range & counter has a attractive fluted frontage which encloses the stainless steel clad cooking section with overhead extraction canopy, menu display and is well fitted & equipped. To the side is handy good size mostly tiled general preparation facility that incorporates potato works/store, double stainless steel sink and has access to rear stock room and covered yard where deliveries are made.

EQUIPMENT: Usual trade equipment to include a 3 pan ‘Hewigo’ counter range, charcoal grill, computer till, triple door under fridge, numerous fridges & freezers, 4 pot bain-marie, pressure fryer, fish keeper, microwave oven, chipper and peeler. ( The above items have not been tested by Rosens ). Full trade inventory will be provided for prior to completion.

TRADING POSITION: Established trading position on small parade of 5 shops, just outside pedestranised shopping area of this historic town, having local and some national retailers, supermarkets, numerous pubs and street market. The locality is heavily populated with a large catchment area plus attracts many visitors to the local places of interest, all of which provide solid trading throughout the year.

SPECIAL REMARKS: Our client purchased this well known shop 6 years ago and improvements were made creating a smart bright and airy unit which will be evident when viewing. Also has the benefit of a long secure Council Lease and scope to expand in the right hands.

PRICE: £155,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry