Licensed Fast Food Restaurant in East Sussex For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, East Sussex.

Turnover £ 4,000
Price £75,000

Features

Licensed Fast Food Restaurant

6 DAYS OPENING
NEWLY REFITTED 2025
5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 1,500 ft² with laminated strip floor, LED Lights. Bar with glass fronted drinks display fridge, coffee machine (2 group), grinder, knock out drawer. Tables and chairs providing seating for 24 People.

Kitchen with stainless steel extractor unit, 5 Burner Flacon Grill, deep fryer (2 pan), 3 door under counter fridge, tall fridge, Cooker (Gas 4-burner), microwave (commercial), dishwasher, deep freeze, drinks display fridge (glass fronted upright), pizza oven (2-deck), washing machine, double sink and drainer.

2 x Toilet with w.c. and wash hand basin.

Stock room.

Basement in the region of 500 ft², used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. (increasing to £6,000 in the summer months) with a Gross profit of 65% approx. (50% SALES VIA PORALS)

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff.

Trading Hours

6 Day week
MONDAY - THURSDAY 3pm - 9pm
FRIDAY & SATURDAY 12 noon - 9pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £14,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote