Takeaway And Two Bedroom Flat West Sussex Resort For Sale

Business description

Set in a prime trading location on main route with free parking, close to town centre. Recently re-fitted to a very high standard with quality professional equipment, the shop offers a professional takeaway with 10 internal covers. Flat currently sub-let at £700pm. 17yrs on renewable lease, rent £16,800pa. T/O £3,500per week and growing, 65% GPM, open 11am to 11pm daily. Realistic price for quick sale, owner has other business interests and will accept 30% deposit with remainder over 4 years, interest free. Contact for full details.

Property information

Property:

Leasehold

Lease terms:

Leasehold - 17 years remaining of the renewable lease at a rent of £14,000 per annum. The next review is due in October 2009 and three-yearly thereafter

Leasehold rent:

£14,000 per annum

Living accommodation:

The residential accommodation is accessed through a separate entrance door at the front of the building. Briefly, it comprises: Lounge, Bathroom, WC, Kitchen, two Bedrooms.

Location:

This high turnover hot food takeaway enjoys a prime location in parade of shops and complementary takeaway restaurants on the main trunk road leading into town. It is in a medium to high density residential area half a mile from the town centre and benefits from being well known and regarded with substantial additional passing trade.

Premises details:

The business occupies mid parade premises of brick construction and pitched tile roof. The property sits back from the main road behind a service road providing free one hour parking during weekdays and unrestricted at evenings and weekends.

The shop frontage, which is fitted with a large display window and offset entrance door, features an eye-catching full width illuminated fascia board with projecting illuminated sign box.

The takeaway interior is decorated to a high standard with a bright colour scheme and benefits from a suspended ceiling with recessed lighting. There is seating for 10 customers at tables and a breakfast bar with a full width counter and illuminated menu board above.

Behind the counter the food service area is fully equipped with a computerised ordering point, cash safe, milk shake machine, Lincat stainless steel hot chicken display cabinet with shelves and drawers below, 2 compartment stainless steel counter fridge and a chest freezer. This leads immediately to the kitchen area with full length extraction hood and stainless steel wall cladding and chip scuttle, double fryer, 2 x Henny Penny chicken pressure cookers, commercial 3-burner gas rings, gas oven, single upright drinks display cooler, breading table and wash-up sink. A door leads to a side storage yard with staff WC.

This leads through to a preparation room with large double stainless steel sinks and draining boards, preparation tables, washing machine and insect-o-cutor. There is a small office with desk, computer and CCTV monitor showing the 8 camera system with hard disk recorder. A door to the rear leads to a rear yard with a large storeroom and two walk-in cold rooms (one of which requires attention).

The entire working area has a non-slip floor covering and a climate control air conditioning system.

The property is fully double-glazed, and is considered suitable for sub-letting subject to the landlord's approval.

Other information

Reasons for selling:

The business has been in present hands for over 5 years and the vendor is now selling to pursue other business interests

Trading hours:

Trading hours are 11am - 11pm every day.