Pizza Shop in Hastings For Sale

Situated in a parade, seafront position, E. SUSSEX HASTINGS

Turnover £ 7,000
Price £99,500

Features

Fully Equipped Pizza Takeaway & Delivery

The business is situated in a seafront position, close to the Pier and town centre.

Spacious double fronted Premises with tiled floor, counter, 2-deck 32" pizza oven, 3-door refrigerated making table with refrigerated topping section, 1 Henny Penny chicken pressure cooker, double deep fryer, mixer, double door glass-fronted fridge (on loan from Coca Cola), single door glass-fronted fridge (on loan from Lucozade), 3 deep freezes, walk-in deep freeze, double sink and drainer, wash hand basin, etc.

Staff w.c. and wash hand basin.
Basement used for storage purposes.

Turnover

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the business is operated as a Franchise Operation to be taken over by a prospective purchaser.

Staff

The business is at present operated by the vendor, with the assistance of 4 full time and 2 part time staff.

Trading Hours

12 noon - 1 a.m. seven days per week.

Tenure

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 3 years unexpired, at a rental of £14,500 p.a. excl. of rates.

The uniform business rates we understand are £130 per year.

RECOMMENDED FOR EARLY INSPECTION.

REDUCED FOR EARLY

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £99,500 plus stock at valuation.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote