Summary
- Asking price:
-
£75,000
(Furniture / Fixtures included)
- Turnover:
- £3,200 weekly
- Net profit:
- < £100k
- Employees:
- The owner runs the business with the assistance of 3 part time staff
Business description
High quality fish and chip takeaway, very well equipped. Prime location on the main road close to the town centre. The turnover is averaging £2,800 to £3,200 per week & growing. Renewable lease with 7 years remaining, rent of £365 per week (currently under review) which includes spacious 4 bedroom accommodation, a yard at rear with garage/warehouse & space for 6 cars. Trading hours are 12midday-2pm and 5pm-9pm Mon to Sat, huge scope to increase if desired. Vendor is now selling to pursue other business interests.
Property information
- Property:
- Leasehold
- Lease terms:
- Leasehold – with approximately 7 years remaining of the renewable lease rent of £365 per week (currently under review) which includes the 4 bedroom home
- Leasehold rent:
- £18,980 per annum
- Living accommodation:
- The residential accommodation may be accessed from the rear yard or through a separate entrance door at the front of the building. Briefly, it comprises:
Ground Floor - entrance hall with under-stairs cupboard, lounge and kitchen/diner with fitted units, cooker, plumbing for washing machine and gas fired central heating boiler
First Floor - three double bedrooms, one single bedroom, bathroom with electric shower, and separate WC.
The property is fully double-glazed, is nicely decorated throughout and is considered suitable for sub-letting subject to the landlord's approval.
- Location:
- This high quality fish and chip takeaway enjoys a prime location in parade of shops and restaurants on the main A24 trunk road . It is in a medium to high density residential area less than a mile from the town centre and benefits from being well known and regarded with substantial additional passing trade.
It is in one of the largest towns on the Sussex coast and apart from having a thriving tourist trade, it is the centre for many businesses in West Sussex with a large number of companies, both large and small based in and around the immediate locality. It has attracted a good number of large industrial and commercial organisations to the town as well as many smaller businesses, with its sought-after location and good connecting road network.
- Premises details:
- The shop frontage, which is recently fitted with aluminium frame windows and central entrance door, features eye catching fascia and window graphics. The shop interior matches the bright colour scheme and has fully tiled walls and serving counter, with safety flooring and suspended ceiling with concealed lighting. A display chiller is provided to enable customers to select soft drinks.
The residential accommodation may be accessed from the rear yard or through a separate entrance door at the front of the building.
Other information
- Expansion potential:
- could open longer hours
- Reasons for selling:
- to pursue other business interests
- Trading hours:
- Trading hours are 12midday–2pm and 5pm–9pm Monday to Saturday,
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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