Freehold Fish & Chip Takeaway Restaurant In East Sussex For Sale

Business description

This is a highly profitable and professionally run takeaway and fish restaurant which was established by our client in 1981. He is now selling it for genuine retirement reasons.

There is a wide choice of fried fish and chips together with scampi, fishcakes, sausages, spring rolls, cheese/hamburgers, pies, mushy peas, baguettes, and hot and cold drinks. There is also a Premises Licence for the sale of alcohol.

Annual accounts for the year ended 31 March 2008 confirm that turnover reached £253,942 (excluding VAT) with £143,241 gross profit. A gross profit margin of 56%. The disposable net profit reached £94,361 before allowance for items which do not form part of the ongoing cost base of the business.

This is a fine business which generates high levels of net profit and also offers the opportunity of acquiring valuable freehold town centre property.

Property information

Property:

Freehold

Living accommodation:

The residential accommodation has a separate front door leading to:- Hallway and stairs to:- FIRST FLOOR. Lounge about 16’9” into bay x 12’6” maximum (5.1m into bay x 3.8m maximum). Hot water radiator, modern stone fireplace. Kitchenette. Moulded laminate work surface incorporating single drainer stainless steel sink, gas fired boiler, range of wall storage cupboards, electric cooker panel, hot water radiator. Bedroom about 11’3” x 8’9” (3.4m x 2.6m). Hot water radiator. Internal Bathroom. Panelled bath, pedestal wash basin, low level WC, hot water radiator.

Location:

The premises are situated in the centre of an affluent town. There are a good number of other shops and businesses close by bringing custom to the area and these include a railway station, Tote Sport, Dominoes Pizzas, cafe, beauty salon, hair salon, public house and kebab shop. Street parking is for two hours but only limited between 8.00 am and 2.00 pm.

Premises details:

905 sq ft (84 sq m) with an internal width of 16’3” (4.9m) at front. The whole is well and attractively presented and the rear parts of the premises are for restaurant use with 11 tables with individual chairs providing seating for 40 customers. There are 2 hot water radiators, imitation beams to the ceiling and part panelled walls.

The front takeaway section has a tiled floor, some wall tiling and imitation beams to the ceiling. There is a three pan Preston and Thomas range with heated top boxes, 2 stainless steel surfaces, 2 Geller electronic cash registers, 2 refrigerators, freezer, illuminated menu board, upright chiller cabinet, stainless steel racks of chip trays, stainless steel fish keeper, Sharp 1000 microwave oven, stainless steel wash basin, steak grill, Panasonic microwave oven, drinks mixer, refrigerated wine cabinet, stainless steel sink, water boiler, Taylormate ice cream machine, double drinks cabinet. There are 4 upholstered chairs and an additional 3 tables which give seating for 12 customers.

Leading from the restaurant is a lobby off which are:- Customer WC’s.

Utility Area. Stainless steel cabinet, single drainer stainless steel sink, Winterhalter dish washer, stainless steel wash hand basin.

Passage way to:- Stockroom. Double stainless steel refrigerator, range of free-standing stainless steel racking.

Preparation Room about 20’9” x 12’ (6.3m x 3.6m). Tiled floor, part stainless steel and tiled clad walls. Electric potato peeler, electric chipper, chest freezer, double Williams stainless steel chiller, six burner gas range, Coldfrost stainless steel upright freezer, double stainless steel fish keeper, double bowl stainless steel industrial sink.

Door to:- Small Rear Area.

FIRST FLOOR.
Storeroom.

Other information

Reasons for selling:

Retirement sale.

Trading hours:

11.30 am to 10.00 pm Monday to Saturday inclusive.

Inventory / Stock value:

£2,000