£0 £1000000
£0 £1000000

Traditional Fish and Chip Shop Trading for Over 60 Years

Woodford Green, Essex

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£27,500 +SAV

Ref: B05544

Leasehold

Overview

Hilton Smythe are delighted to present to the market a very well established fish and chip business, established in this area over 60 years ago. Seafarers has been priced to sell quickly due to other business interests of our client and we strongly recommend early viewing to avoid disappointment.

The large shop comes with the benefit of having lots of additional storerooms to the first floor included in the lease. We are also informed the business benefits from full small business relief paying 0 rates in the current year.

The business is led by fish and chip sales followed by kebabs & burgers.  The menu includes pies, burgers, roast chicken, wraps, sides and cold drinks. Our client also offers a telephone order and collection service with a senior citizens offer on a Wednesday.

Larger fish orders, party orders and catering can be arranged in addition to the normal trading times with prior arrangement.

Our client attracts a healthy mix of local residents, tradesmen and builders, local business people and school children.

Our client admits the business is run to suit and any new buyer may look at any of the following areas to further increase the current turnover -

  • Extend the opening hours
  • Add more delivery partners to increase later trading potential
  • Add pizza, per peri chicken more kebab choices to the menu
  • Re model the rear kitchen area to allow for a larger menu and outside catering
  • Add new website, Facebook and social media presence

Turnover
The business generates a yearly Turnover of £82,000 with an adjusted net profit of around £20,000.

The business is run and managed by our client with 1 other member of the team who works 4 days per week. Busiest days are a Friday / Saturday.

MONDAY TO SATURDAY - 11.30-11.00 pm

SUNDAY – 12.00- 9.00 pm

Seafarers Fish and Chips business occupies an enviable trading position along a busy parade of shops on Chigwell Road in Woodford Green, London.

Woodford Green is a district of Redbridge in London, well positioned just off the M11 and A12, two of the main routes from Essex into central London. It sits just over 15 miles north of Charing Cross.

There is a good mix of independent retailers, cafes and takeaways along this part of Chigwell Road including the Uplands Social Club, Roding Primary School and Forest Veterinary Centre.

The business sits central to Woodford and Chigwell Tube stations.

There are pay and display parking spaces directly outside the business.

Ground floor -

3 x pan range (with 2 x large heat boxes, chip box, 2 x utensil boxes)

Glass fronted (FOL) drink fridge

Upright fridge /freezer

Large griddle, extraction unit, kebab machine

3 x stainless steel heat cupboards, glass fronted chiller, rear shelving with microwave

Stainless steel service counter with till and storage

Rear Kitchen space -

Small office space with telephone ordering point

3 x stainless steel prep tables, upright fridge/freezer, prep sink, wall mounted storage cupboards, double stainless steel prep sink, rotisserie oven, chest freezer, electric oven

Chipping room - includes potato store, peeler and chipper with access to the rear parking area

External (rear)

Private parking for 1-2 cars

Tenure
The business is being sold as a Leasehold with 4 years remaining on a 12 year lease paying just £14,750 per year.

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