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Business for sale in United Kingdom - 8880le leicester leasehold: 49,950 fish & chip shop

Asking Price: 49,950 £ Real Estate: Lease
Sales Revenue: 0 £
Net Profit: 0 £
Year Established: 1970
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon

Business types:

Accommodation & Food services

Business categories:

Fast Food Restaurants

Business description

Advent Business Sales is pleased to offer for sale this extremely well established traditional fish and chip shop. It has been trading successfully for in excess of 40 years. The current vendor has reluctantly decided to sell due to family commitments of a young family. Traditional fish and chips as well as doner kebabs form the menu. Many customers have requested a delivery service and demand for pizzas is high. The vendor has informed us that a new owner providing pizza would increase sales dramatically. One full time employee staffs the business. The going concern is fully equipped with the following: Full range commercial microwave Two bain maries 1 single and 1 double fridge 2 small chest freezers 1 kebab machine 2 peelers 1 chipper

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: commitments of a young family.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Original lease: TBC Remaining lease: 12.5 years Review every: 3 years Rent: £6,480 P.A. We are advised that the annual business rates are currently: £500
Location: Our client is located in a very densely highly populated student area close the main hospital. The business also benefits by being close to the city’s rugby and football clubs, which leads to good levels of trade during 9 months of the year. The fish and chip shop is situated on an extremely well travelled, 3 land road, which gives the business a very high visibility.

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