Old Established Fish & Chip Shop in East Sussex For Sale

Semi-detached property, excellent main road trading position, residential, office and commercial area, East Sussex.

Turnover £ 2,250
Price £50,000

Features

Old Established Fish and Chip Shop

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, vinyl floor, LED lights, Here we go 3-pan counter range, cash register, chip dump, Fish fridge, Coca-Cola fridge, etc.

Additional Kitchen with stainless steel extractor unit, fridges, freezers, sink.

Preparation room, potato chipper and peeler.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 - £2,500 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor & two sons

Trading Hours

6 Day week
MONDAY - SATURDAY 4am - 9pm

Accommodation

THE ACCOMMODATION all newly fitted with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

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

Outside

Court yard for storage with Parking space for 5/6 car.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 years full repairing and insuring lease with rent reviews every 5 years at a rent of £25,000 p.a. for the first 5 years.

Business Rates from April 2025 £2,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote