Licensed Fish & Chip Restaurant in West Sussex For Sale

Situated in a parade, excellent trading position, close to seafront WEST SUSSEX

Turnover £ 6,000
Price £127,500

Features

Traditional Fish & Chip Takeaway (with A Premises Licence)

6 DAYS OPENING ~ 5 STAR HYGIENE RATING

Front area with space for 3 tables and 12 chairs

DOUBLE FRONTED PREMISES - Tiled flooring, Plaster board ceiling with LED lighting.

Ciustomer waiting area.

Sazles counter - EPOS Till, soft drinks fridge, menu boards.

Stainless steel extractor, 3 pan Sussex fish and chip range, chip dump, grill, microwave, 2 group coffee machine, grinder, knock out drawer, 2 x triple door fridges, fish fridge, upright freezer, single sink, hand wash basin,

Staff cloakroom with toilet and wash hand basin.


Basement

Potato Store, double sink, chipper, potato peeler, shelving, chest freezer, extractor, etc

Walkin freezer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendorThe business is at present operated by the 2 partners with the assistance of 1 part time staff.

Trading Hours

6 Day week
SUNDAY, MONDAY, WEDNESDAY & THURSDAY 11am - 8.30 pm
FRIDAY & SATURDAY 11am - 9 pm
CLOSED TUESDAY

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to Flat above, comprising;

1 Double bedrrom.
Fitted kitchen.
Shower room with shower, toilet and sink.
Living Room.

Outside

Bin Store

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £23,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £127,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 63,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote