Fish & Chip Shop in Southgate (SOLD)

  • Leasehold £45,000
  • £26,530/Annum
Southgate, London, UK
SOLD

Fish & Chip Shop in Southgate (SOLD)

Southgate, London, UK
  • Leasehold £45,000
  • £26,530/Annum

Description

Fully Fitted Fish & Chip Shop with Premises Licence in Southgate


MAIN FEATURES

  • QUICK SALE
  • Large front of circa 18 ft
  • Fully Fitted Restaurant & Takeaway
  • Premises Licence
  • Circa 1182 Sq. ft
  • Busy Location in Southgate

LEASE DETAILS 

  • Ending in July 2029 (Inside the LTA 1954)
  • Current Rent: £26,530 pax
  • Rent Review: Every year capped at 2%
  • Rent on July 2029: £30,475 pax
  • Premium: £45,000 (Business, lease and fixtures & fittings)

PREMISES

  • Total Area Circa 1182 Sq. Ft
  • Rateable Value: £22,250 (Payable: Circa £11,000/year)
  • Payable this year:£2,775.69 
  • Total covers circa 20-30
  • 2 pan Fish & Chip frying range
  • Two deck pizza oven with 2 meter extraction
  • Spacious storage area (no cold room but space available)

Large front of circa 18 ft with two entrance doors, this fish & chip shop for sale in North London is well maintained with circa 20-30 covers, high ceiling, modern decor, fish and chip frying range and a 2 meter extraction for a 2 deck pizza oven.


THE LOCATION

  • Southgate, N14
  • Several Retail Shops & Eateries nearby
  • Busy Location

Southgate known for its diverse community and thriving local economy, with plenty of shops, restaurants, and other small businesses operating in the area. As a location for a fish and chip business, Southgate offers a great opportunity to tap into a vibrant local market and attract customers from nearby residential areas, as well as visitors to the area.


TRADING

  • Weekly Gross Sales: Circa £4,500 (£234,000/year)
  • UberEATS, Deliveroo & JustEat
  • Trading over 25 years as Fish & Chip shop

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Details

Updated on October 3, 2023 at 8:56 am
  • Price: Leasehold £45,000
  • Size: 1182 Sq. Ft
  • Covers: 20-30
  • Use: Restaurant & Takeaway
  • Status: SOLD

Overview

  • 1182
  • Sq. Ft

Contact Information

RPS_Agent
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