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Takeaway for sale

Corbets Tey Road, Upminster, RM14

£150,000

£179.21 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

837 sq ft

78 sq m

SECTOR

Takeaway for sale

Description

An excellent opportunity to acquire a very long-established fish and chip shop business in the heart of Upminster, offered for sale due to our client’s retirement after 46 years running the business and 21 successful years of ownership. The business itself has traded for many years prior and enjoys a strong local reputation and loyal customer base.

The shop occupies a highly desirable and busy location, benefiting from consistent footfall and repeat trade. It is well presented and fully fitted, operating as both a takeaway and sit-down restaurant, with 26 covers currently arranged, providing flexibility and multiple income streams.

The business generates a good, established turnover, with clear scope for further growth. There is further potential to expand the existing menu by introducing additional items, which could significantly increase revenue, alongside opportunities to extend opening hours or enhance delivery services.

The business also benefits from excellent ratings and reviews on both TripAdvisor and Google, reflecting its long-standing quality, consistency, and popularity with both local customers and visitors alike.

Key features include:

Very long-established business with excellent goodwill

Same owner for 21 years

Highly regarded with strong TripAdvisor and Google ratings

Popular and busy Upminster location

Takeaway and restaurant operation

Seating for approximately 26 covers

Good established turnover with scope to increase

Potential to expand the menu with additional items

This is a rare opportunity to acquire a proven, well-reviewed fish and chip shop in a sought-after area, offering a solid trading history and genuine potential for future growth.

Early viewing is strongly advised. RX728165

Location

Ideally positioned on a busy road, the premises benefits from high footfall and strong passing traffic. The location is complemented by a diverse mix of established national and independent traders and is conveniently located just a short walk from a train station.

Tenure

Lease expiring in 2034 at a current rental of £20,500 per annum exclusive.

Premises

Terrace retail shop with glazed frontage and single glazed entrance door leading into the premises which measures 837 Sq. Ft. and is arranged as follows.

Takeaway & Prep Area

With tiled floors and walls, chest height serve over counter to the right hand side, behind which is equipped with a 3 pan range, Coca cola display drinks fridge, menu display board, till, under counter freezer, under counter fridge, wine fridge, Rijo coffee machine and wash hand basin. Running down the right hand side of the premises, beyond the serving area is the PREP AREA which is currently equipped with various stainless steel prep tables, hot water dispenser, microwave, large upright stainless steel fridge, stainless steel fish fridge, salamander grill, dishwasher, turbo fan oven, chipper, peeler, stainless steel double sink and electric scales. A door at the rear of this area leads to a LEAN TO with walk in freezer and separate ladies and gents WC's.

Restaurant & Stores

There is a door from the takeaway area that leads through into a restaurant SEATING AREA which is currently arranged for 26 covers. Beyond this area there is a door to the left into a small STORE a further door on the left hand sides leads in to a second small STORE. The premises benefits from being air conditioned throughout. A door at the rear of the lean-to leads outside to an alleyway that runs along the rear of the parade of shops.

Trading Hours

Tuesday 4 pm - 8 pm, Wednesday & Thursday 12 pm - 2:30 pm & 5 pm - 8:30 pm, Friday and Saturday 12 pm - 8:30 pm, Closed Sundays and Mondays.

Staff

The business is run by the vendor with the assistance of 1 Full time and 6 part time members of staff.

Turnover

We are advised turnover averages £5,000-£5,500 per week, working to the usual high gross profit margins associated with the trade.

Business Rates

The premises is subject to a rateable value of £24,500.

Legal Costs

Each party to be responsible for there own, with the landlords legal cost to be split 50/50.

Corbets Tey Road, Upminster, RM14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Upminster Station0.4 miles
  • Upminster Bridge Station0.5 miles
  • Hornchurch Station1.2 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

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Disclaimer - Property reference RX728165. 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 Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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