Detached house to rent

Catford Hill, London

£12,000 pa| £1,000 pcm fees apply

Property Description

Letting information:

Added on Rightmove: 11 December 2015 (404 days ago)

Key features

  • WELL ESTABLISHED A3/A5 FISH RESTAURANT & TAKEAWAY
  • AVERAGE WEEKLY TURNOVER EXCESS £3000 PW
  • 60% GROSS PROFIT
  • GROSS TURNOVER EXCESS £156,000 PA
  • GOOD SCOPE FROM GROWTH TO £5-6,000 PER WEEK
  • FULLY EQUIPPED WITH TOP OF THE RANGE EQUIPMENT
  • POPULAR & BUSY AREA
  • HIGHLY VISIBLE UNIT
  • GOOD PASSING TRADE
  • REAR YARD AND STORE ROOM

Full description


Established and busy Fish & Chip business for sale by way of a new lease £12,000 per annum (Premium OIEO £55,000 for fixtures, fittings and goodwill)

Harpers & Co are delighted to offer this busy and well established Fish and Chip business which occupies a highly visible corner in Catford which enjoys excellent passing trade.

We urge early viewings though Sole Agents Harpers & Co on 10322 524425.

LOCATION 
This busy unit occupies an excellent and highly visible corner of Catford within close proximity to the mainline train station and the busy high street. The unit is just off the South Circular and provides excellent transport links to the A2 & M25. Large retailers operate within close proximity.

DESCRIPTION 
This fantastically appointed and decorated premises is an ideal business as it is established, well located, well configured and producing a steady trade. With huge scope to increase the takings, this business would suit an aspiring restaurateur and or those wanting to add stock lines such as pizza, burger and or Southern Fried Chicken. The unit is tiled from floor to wall and is approximately 7.9m wide and 7m deep. The front has a 3 range fryer range with full stainless steel extraction canopy to the rear which is serviced and very clean. Most of the equipment is quite new and the business is being sold as a result of family issues which force a sale. The business is profitable and produces string accounts. To the erar of this unit there is a large prep room and refrigeration area which is fully tiled. This leads onto an exterior potato prep and peeling area and a rear door to the street. The unit is pleasing on the eye and could be improved easily.

TERMS 
This business for sale is offered with a lease with 6 years remaining inside the Act so is renewable at a passing rent of £12,000 per annum.

BUSINESS CHARACTERISTICS 
This established fish take away is profitable and has average weekly turnover of over £3000 pw. There is huge scope for improvement and the right operator could improve this to £5-£6,000 per week as the shop is attractive and covers a wide and large catchment area. Gross takings as of 2014 were circa £156,000 with undisclosed Net profit. Accounts can be supplied to interested parties. Premium sought of offers in the region of over £55,000 for the fixtures fittings and goodwill. Equipment-top of the range 3 range fryer and all new stainless steel equipment installed in 2013.

RATES 
Our own enquirers suggest a rateable value of £7,900 per annum with £0.48p in the pound calculator for rates payable. Applicants are advised to make their own inquiries as they also may be eligible for small business rates relief.

LEGAL COSTS 
Each party to pay their own legal costs in this transaction.

VAT 
This property has not been elected for VAT and so no VAT is charged on rent.

SAT NAV REF 
SE6 4PX

HARPERS & CO SPECIAL REMARKS 
We are proud to offer this unit as it holds huge scope for improvement and in the right hands could be hugley profitable and exciting. Very rarely do we come across a unit that you get that instant feeling that this could be significantly improved with little fuss and work. We urge early viewings and accounts can be provided after an initial viewing. Viewings through Sole Agents Harpers & Co

More information from this agent

Nearest stations

  • Catford (0.1 mi)
  • Catford Bridge (0.1 mi)
  • Bellingham (0.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Harpers & Co, Bexley

Harpers House, 8 Bexley High Street, Bexley, DA5 1AD

01322 535092 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Catford (0.1 mi)
  • Catford Bridge (0.1 mi)
  • Bellingham (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Harpers & Co, Bexley

Harpers House, 8 Bexley High Street, Bexley, DA5 1AD

01322 535092 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 6236143. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harpers & Co, Bexley.

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