Fish & Chip Restaurant in St Leonards-on-Sea For Sale

Situated in a parade, excellent trading position, close to railway station & sea front, EAST SUSSEX ST LEONARDS-ON-SEA

Turnover £ 4,000
Price £115,000

Features

Takeaway Fish & Chips Plus Restaurant Area

DOUBLE FRONTED PREMISES with tiled floor, suspended ceiling. Tables & chairs for 20 persons. The equipment includes 3-pan gas counter range, stainless steel extractor, 2 group coffee machine, deep freezer.

BASEMENT PREPARATION ROOM with potato chipper & peeler.

Turnover

WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. including takeaway plus restaurant area.

Staff

The business is at present operated by the vendor with the assistance of 3 full time plus 1 part time.

Trading Hours

Operated Monday - Saturday inclusive - 11 a.m. - 10 p.m.
NO SUNDAY TRADING

Accommodation

The BASEMENT accommodation comprises:

2 Double Bedrooms
Shower room with shower, w.c. & wash hand basin

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £9,600 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote