LOCATION: In a well placed area close to several film studios at Elstree, Borehamwood, Bushey and Bushey Heath but which still retains the feeling of a small town with walking access to Watford North and Junction Stations. The shop is also within a 5 minute walk to the town centre, the football grounds and with easy commute to Central London with easy road links to A41 and M1 motorways. This shop is located close to the end of a small local shopping parade.
DESCRIPTION: A very popular business serving very good quality fresh food and great signature sauces with an amazing service from great staff. Reputed to be by far the best fish & chip shop in all Watford such that customers find it worthwhile travelling from further away with the benefit of customer parking arrangements next door.
A single fronted 900 sq ft shop unit with a takeaway and serve over counter and a full extractor system to the front of the premises. To the rear is the preparation area, a chip peeler section and staff wc. The rear door leads to the yard with 2 car parking spaces.
BUSINESS: With A3 use and In the same hands for over 30 years (owner now proposing to retire), High takings @ 65%/70% g.p with 5 full time and 4 part time staff.
HOURS: 11:30 am to midnight.
EQUIPMENT: A fully fitted and equipped shop with a 3 pan range, a large Gardiani charcoal grill, an Imperial stainless steel upright freezer, a Lincat griddle, a Lincat 4 pot Baine Marie, a kebab machine archway, a serve over display fridge, a Ben & Jerry freezer, 2 upright stainless steel fridges, a chipper and a peeler, a walk in coldroom, a chest freezer, furniture, etc.
ACCOMMODATION: A fully self-contained 3 bedroom flat comprising on the first floor, a kitchen (13.1 x 9.1),a lounge (10.1 x 13.1), bed 1 (8 x 6.7) and a bath/wc (7.9 x 6.3). On the second floor is bed 2 (8.9 x 10.6) and bed 3 (18.11 x 12.7). Currently rented @ £950 pcm.
TENURE: Secure renewable lease commenced in 2010 with 10 years unexpired with 5 yearly rent reviews at the current of only £18,500 pa. Rates: None (small business rate relief).
PRICE: To be discussed + stock at valuation (approx £2,500)
VIEWINGS: STRICTLY BY APPOINTMENT ONLY
NEGOTIATIONS: Strictly through PEGASUS BUSINESS SALES