Freehold fish & chip shop having same ownership for 55 years

Key features

• Freehold — no landlord, no lease expiry
• 55 years same ownership; established local institution
• £9,000 average weekly turnover
• Adjacent to one of London's oldest street markets, open 3 days weekly
• Untapped home delivery potential in a highly populated neighbourhood

About this business

After 55 years of successful trading our clients are looking forward to a well earnt retirement, leaving the way for younger more go ahead operator to take to the next level. Long standing location amongst one of London oldest street market which produces good passing trade. The general locality is vastly populated with a large catchment area, being ideal to introduce a home delivery service which would be popular. Great scope to introduce a home delivery service as there is a strong demand in this heavily built up area.

Trading figures

We have been informed the turnover averages £9,000 weekly, offering a comprehensive profitable menu. There is great potential to develop a home delivery service which there would be a strong demand from the highly populated neighbourhood that surrounds.

Trading hours

Operates:- Monday through to Saturday. 11.00 am to 11.00 pm. Sunday, closed.

Business premises

Firmly established mid terrace freehold premises having a full glazed shopfront with wide single door set in aluminium frame beneath a full width coloured fascia and additional signage. The deep sales area is fitted with tiled walls & flooring, inset lighting and houses a 3 pan counter range which encloses a well equipped cooking area having stainless steel clad walls under a extraction hood plus a menu display. Adjoining is handy kitchen space that's also fully tiled and accommodates walk in fridge and freezer. Continuing onto general preparation facility incorporating potato works and store with rear access to shared passageway leading to side street used for deliveries.

Trade equipment

To include the following:- 3 pan counter range, refrigerated salad bar, computer till, bain-marie, griddle, pressure fryer, 2 kebab machines, heated display cabinet, walk in fridge, walk in freezer, double door fish keeper, microwave oven, 56lb peeler and chipper plus usual items associated to the trade. (The above items of equipment have not been tested by Rosens)>

Tenure

To include valuable freehold property incorporating good size ground floor shop and 2 upper levels with 3 bedroom accommodation.

Accommodation

Internal access to the accommodation above on 2 levels, incorporating 2 doubles and a single bedroom, front living room, kitchen/diner and shower room.

Trading position

Long established trading position amongst one of the oldest street markets in London which operates 3 days weekly and is close to college, nursery, community centre etc which produces good passing trade. The general locality is vastly populated in all direction securing solid year round trading and has large catchment area ideal for delivery service.

Special remarks

Our clients have traded here successfully for the last 55 years and is now looking forward to a well earnt retirement leaving the way open for a younger more enthusiastic operator to take to the next level and increase sales by starting a home delivery service which would prove to be popular.