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Reference R8251

Fish, Chip & Kebab Shop in St Leonards-on-Sea For Sale

Fish, Chip & Kebab Shop in St Leonards-on-Sea For Sale
Buy a Fish, Chip & Kebab Shop in St Leonards-on-Sea For Sale Sell a Fish, Chip & Kebab Shop in St Leonards-on-Sea For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential area EAST SUSSEX ST LEONARDS-ON-SEA

Turnover 2,000
Price 37,000

Features

Takeaway Fish & Chips Plus Kebabs, Burgers,

DOUBLE FRONTED PREMISES with lino floor, tiled walls, fluorescent lighting. 2 Tables & 8 chairs (can be increased). Cool display counter plus adjoining counter, electric cash register, new stainless steel extractor system, 2-pan gas Island range, 2 doner kebab machines, 4-burner gas grill, 1 counter fridge, 1 counter deep freezer.

REAR PREPARATION AREA with potato chipper & peeler, stainless steel table, double sink & drainer etc.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 2,000 p.w. mainly takeaway with small seating area. In our opinion the business offers tremendous potential for further development. At the present time a small amount of deliveries are undertaken & in our opinion the delivery section could be increased in the right hands.

Staff

At present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

Operated 6 evenings per week - Monday - Saturday inclusive - 4 p.m. - 11 p.m.
NO SUNDAY TRADING

Accommodation

The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of 1,100 per month, however we understand vacant possession can be given on completion if required. The accommodation comprises:

First Floor
Kitchen with fitted units
Large Lounge
Cloakroom with w.c. & wash hand basin
Single bedroom
Balcony

Second Floor
2 Double Bedrooms
Fully tiled bathroom with bath, w.c. & wash hand basin

Outside

Large garage (having potential to be converted into a studio flat, subject to obtaining the necessary planning permission)

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 13,500 p.a. exclusive of rates up to May, 2020 with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental from the accommodation of 1,100 per month, the net rental payable at the present time is only 300 p.a).

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 37,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 18,500 (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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