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Reference R9851

Fish & Chip Shop & Chinese Takeaway in East Sussex For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential area, EAST SUSSEX

Turnover £ 6,000
Price £110,000

Features

Fish & Chip Shop & Chinese Takeaway

5 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 500 ft². Tiled floor, suspended ceiling with fluorescent lighting. 2-pan gas counter range, cash register, glass fronted upright drinks display fridge.

KITCHEN. Stainless steel extractor unit, 9-burner Chinese cooker, rice cooker, deep fryers, fridge, freezer, microwave, double sink and drainer, preparation table.

Toilet with w.c. and wash hand basin.

Rear Storage shed

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a gross profit of 65% approx. (50% deliveries)

Staff

The business is at present operated by the vendor with 1 chef & 2 drivers.

Trading Hours

5 Day week
TUESDAY - THURSDAY 4pm - 10pm
FRIDAY & SATURDAY 4pm - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION Flat with Gas Fired Central Heating, Double-glazed windows

2 Bedrooms (1 double, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard with garage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2015 with reviews every 5 years (next review 2025) at a current rent of £14,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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