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Property Listing Details

Property details

  • 3 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • Well established traditional fish and chip shop
  • Owner run, main road location
  • Densely populated residential area, valuable freehold property
  • Three bed owners accommodation above

Listing view statistics

Last 30 days: 126 page views

Since listed: 486 page views

Description

Reference - 46807

Description
Fresh Fry is a well established traditional fish and chip shop located in Belvedere, which is a densely populated residential area of Kent. The business is situated on a main road through Belvedere which has a number of independent retailers and bus routes.

The area in general has undergone a fair degree of regeneration within the last few years and continues to do so, especially with Crossrail which will stop at Woolwich Arsenal station.

Whilst the business has only been run under the current ownership since 2010 it has built up an excellent reputation for providing high quality food for both the take away service and those choosing to eat in. The business was established by our clients in 2009 and they carried out a full refurbishment.

We have been advised that the majority of the income generated comes from the take away aspect of the business, although it does benefit from 8 covers.

Given the limited competition locally, the business benefits from high gross margins and would ideally suit a hands on operator who can maximize profits.

Accounts
We have been advised that the business generates an income of c. £3,200 to £4,000 per week.

Trading Hours
Monday to Sunday
11:30 to 22:00

Staff
The business is run by the owner along with additional part and full time members of staff.

Building External
The business operates from the ground floor of a semi detached, two storey property, with excellent road side signage and customer parking.

Building Internal
On entry is a light and airy customer area which is presented to a good standard throughout, given the refurbishment in 2010 under the current ownership. The shop provides a welcoming feel when entering from the street.

The main serving area has a modern, two pan fully automatic k-Star fryer, which has been well maintained and was installed from new when the shop opened. The shop has a single till serving counter with stainless work tops and tiled flooring, aswell as a seating area for 8 covers.

Ancillary Areas
There are prep and store areas are to the rear of the property which are presented in good condition due to the refurbishment. The business has a number of stainless steel work tops, along with commercial fridges and freezers and a southern fried chicken pressure cooker.

All of the fixtures and fittings are included within the sale price.

Residential Accommodation
Owners accommodation above the shop comprising of three bedrooms, a living room, fitted kitchen and a family bathroom. We have been advised that the flat is currently let out at £18,000 per annum (as of November 2018).

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an ideal opportunity for an energetic, hands on owner who can take this well used traditional fish and chip shop to the next level, and to build upon the already excellent reputation gained under the current ownership.

A viewing is highly recommended to fully appreciate the property, location and business opportunity on offer.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Belvedere 0.4 miles
  • Erith 0.8 miles
  • Belvedere Junior School 0.1 miles
  • Belvedere Infant School 0.1 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Belvedere 0.4 miles
  • Erith 0.8 miles
  • Belvedere Junior School 0.1 miles
  • Belvedere Infant School 0.1 miles

Market stats

Sale activity

Average estimated value for a flat in DA17:

  • £205,096
  • Price decrease

  • -£7,237
  • (-3.408%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £216,547
  • Properties sold

    70

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
9th Feb 2019 £469,999 Price reduced by £10,001
7th Dec 2018 £480,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. 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 Kings Business Transfer for full details and further information.