£150,000

Restaurant for sale

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Just added
Leasehold

£150,000

Restaurant for sale

Corbets Tey Road, Upminster RM14

Local area information

Property location

Nearby amenities

  • St Joseph's Catholic Primary School 0.1 miles
  • Sacred Heart of Mary Girls' School 0.2 miles
  • Upminster 0.4 miles
  • Upminster 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Upminster and Hornchurch to find out more about the local area.

Features and description

  • Leasehold
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

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Havering (London Borough)
  5. Upminster
  6. Corbets Tey Road