Takeaway

FISH & CHIP RESTAURANT/TAKEAWAY + 6 LETTING BEDROOMS -  SOUTHEND-ON-SEA -  A fantastically presented business which has recently undergone a £50,000 refurbishment. The business has been long established, with our client owning and operating it for in excess of 11 years. Our client purchased the business as a going concern, so was established long before then. Licensed for alcohol. 50 internal covers and 16 outside covers. High takings of £7,000-8,000 per week. Secure lease with approximately 13 years unexpired at a rental of £32,500 pa offset by £25,200 pa rental income from the living accommodation letting rooms. Genuine enquiries only please. Viewing recommended. 

A traditional fish and chip restaurant/takeaway that is licensed for the sale of alcohol until 12 o'clock midnight, offering a menu to include fish, chips, burgers, pies, chicken, mushy peas, sausage, pickled onions etc. The business has been long established, with our client running the business for 11+ years and trading as a fish and chip shop long before that. The premises includes the ground floor business premises, first and second floor living accommodation that is currently arranged to provide 6 letting bedrooms, which are let producing a substantial rental income of £25,200 per annum which considerably offsets the annual rent on the whole building.

Location

The property is situated on Clifftown Road, one of Southend-on-Sea's established and well-trodden retail and leisure parades, close to the town's principal shopping streets and only a short walk from Southend Central railway station, the High Street, and the seafront. Clifftown Road benefits from a strong mix of independent retailers, cafés, restaurants, and takeaways, generating consistent footfall from both local residents and the town's significant visitor and tourist trade. Southend-on-Sea is a major Essex coastal town, popular with day trippers and staying visitors alike, with excellent road links via the A127 and A13, and a direct rail service into London Fenchurch Street and London Liverpool Street. The immediate neighbouring occupiers include estate agents, a bubble tea café, and a long-established jewellers and pawnbrokers, reflecting the parade's settled and varied trading mix.

The Property

• Ground floor: a well-appointed licensed restaurant and takeaway servery, finished to a high standard with a modern frying range, stainless steel counter, illuminated hot-hold display units, digital menu boards, and a comfortable dining area with banquette and table seating. • Basement: a substantial preparation area including potato preparation and storage area, walk-in cold storage, and public toilets. • Outside: a private rear/side patio seating area, screened and covered, providing an additional 16 covers. • First and second floors: living accommodation currently configured as 6 letting bedrooms, let out to produce a substantial additional income (see Turnover section). The business trades under a premises licence permitting the sale of alcohol, and internally provides seating for approximately 50 covers, with a further 16 covers to the outside seating area.

The Business

a traditional, well-regarded fish and chip restaurant and takeaway, holding a 5-star Food Hygiene Rating and strong Tripadvisor reviews. The menu offers a classic and comprehensive range including fresh fish, chips, burgers, pies, chicken, mushy peas, sausages, and pickled onions, served either to eat in or take away. The business has been owned and operated by our client for in excess of 13 years, having purchased it as a going concern; it was established and trading as a fish and chip shop long before then, giving it a long-standing and loyal local following. Purchases at the takeaway counter are not for consumption in the restaurant, with a clear operational split between the two elements of trade. The premises benefit from a recent £50,000 refurbishment and a new £70,000 fish frying range, presenting an excellent, modern trading environment for an incoming operator, together with well-maintained stainless steel catering equipment throughout the kitchen and preparation areas.

Staff

The business is currently run as a family concern, with the owner and family members involved in the day-to-day running of the restaurant, takeaway counter, and kitchen.

Opening Hours

Tuesday 11 am–8 pm Wednesday 11 am–8 pm Thursday 11 am–8 pm Friday 11 am–9 pm Saturday 11 am–9 pm Sunday 11 am–7 pm Monday 11 am–8 pm

Turnover

Weekly takings approximately £5,000 per week Letting rooms income approximately £45,000 per annum Full trading accounts and further financial information will be made available to genuinely interested parties following a formal viewing.

Tenure

We are advised that a new lease shall be made availabale from the landlord at a rental ro £8,750 per quarter

Legal Costs

Each party are to pay their own legal costs incurred. an assignment of lease shall split the Landlords costs 50/50 with a new lease being the purchasers responsibility to pay full Landlord costs involved.

Administration Fee

Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.