Well-Established Fish & Chip Restaurant with Two-Bedroom Flat Prime Hove Location
Prominently located on Blatchington Road, a busy main road running through Hove, the premises benefits from excellent visibility and strong passing trade. The area is home to a variety of independent retailers and local shopping outlets that support the surrounding community, generating consistent footfall throughout the day. The business enjoys high levels of both vehicular traffic and pedestrian footfall, along with convenient access for deliveries. Situated within a densely populated residential area made up of a mix of houses and flats, the location provides a strong and loyal local customer base. The fish and chip restaurant also benefits from an alcohol licence, offering additional revenue potential. The current vendors have successfully operated the business for the past 15 years, building an excellent reputation within the community. This is reflected in outstanding customer feedback, including a 4.6-star rating on Google Reviews and 4.7 stars on Tripadvisor. The vendors have now made the genuine decision to sell as they wish to retire. Further enhancing the appeal is a spacious two-bedroom flat above the premises, ideal for owner occupation. Overall, this represents an excellent opportunity to acquire a well-established, highly visible takeaway with immediate trading potential in a prime coastal location.
- Asking Price:
- £119,950
- Turnover:
- £234,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The entire premises are held on a 15 year lease (commencing from 2017) which has 6 years remaining at a current rent of £22,000 per annum. Rent reviews to take place every 5 years.
- Leasehold Rent:
-
£22,000 per annum
- Living Accommodation:
-
The accommodation includes 2 double bedrooms, a lounge, separate kitchen and a family bathroom. Access to the flat is via the restaurant
- Location:
-
Prominently located on Blatchington Road, a busy main road running through Hove, the premises benefits from excellent visibility and strong passing trade. The area is home to a variety of independent retailers and local shopping outlets that support the surrounding community, generating consistent footfall throughout the day. The business enjoys high levels of both vehicular traffic and pedestrian footfall, along with convenient access for deliveries. Situated within a densely populated residential area made up of a mix of houses and flats, the location provides a strong and loyal local customer base. The fish and chip restaurant also benefits from an alcohol licence, offering additional revenue potential.
- Premises Details:
-
This long-established fish and chip business has been regularly maintained and comes to the market in excellent condition. Upon entering, customers are welcomed into a spacious waiting area with a serve-over counter for placing orders. Adjacent to the counter is a triple fish range, installed five years ago, forming the heart of the operation. A large preparation area sits alongside, ideally laid out for quick and efficient order preparation and supported by several commercial-grade fridges and freezers. The restaurant also has seating for 26 covers inside. To the rear is a fully tiled chipping and peeling room, designed for ease of cleaning and efficient workflow. Further towards the back of the premises is an additional storage area for potatoes, along with several more fridges and freezers. The business benefits from convenient on-street parking for customers, as well as a nearby supermarket car park providing additional parking options. Included in the sale is a comprehensive inventory of well-maintained fixtures and fittings, all regularly serviced, with a full list available to serious buyers. This represents an excellent opportunity to acquire a popular and well-positioned takeaway with a solid infrastructure, a loyal customer base, and immediate income potential.
- Planning Consent:
-
ALCOHOL LICENCE: 1445/3/2013/06084/LAPRET. The licence allows for the sale of retail alcohol from 10am-midnight Monday-Saturday and 12pm-11:30pm on Sundays
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Tuesday-Saturday 12pm-9pm.
- Employees:
- vendors
- Years established:
- 15
