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Reference R6466

Fish & Chip Restaurant & Takeaway in Worthing For Sale

Fish & Chip Restaurant & Takeaway in Worthing For Sale
Buy a Fish & Chip Restaurant & Takeaway in Worthing For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, close to seafront, WEST SUSSEX WORTHING

Turnover 5,000
Price 130,000 / 590,000

Features

Well Equipped Takeaway Fish & Chips Plus Licensed Restaurant

Front area with space for 3 tables and 12 chairs

MODERN SHOP FRONT. Ground floor tiled floor, ceiling with inset lighting. Air conditioning (not used at present). Tables & chairs providing seating for 24 persons. 3-pan gas counter range, stainless steel extractor with stainless steel cladding to walls, 1 group coffee machine, grill, microwave oven, upright glass fronted drinks fridge (on loan from Coca Cola), 3-door stainless steel counter fridge, stainless steel fish fridge, electronic cash register.

Cloakroom with w.c. & wash hand basin

It will be appreciated upon inspection that there is potential to fit an additional cloakroom on the ground floor.

Stairs to first floor ADDITIONAL RESTAURANT AREA with woodstrip floor. Tables & chairs providing seating for 30 persons.

Half tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LARGE BASEMENT tiled floor, potato chipper & peeler, double sink & drainer, single sink & drainer, 4 chest deep freezers, stainless steel fish fridge.

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands & indeed to introduce kebabs, if desired.

Staff

At present operated by 1 full time partner with the assistance of 1 full time & 2 part time staff plus additional part time staff employed during the main season.

Trading Hours

11 a.m. - 9.30 p.m. seven days per week however we understand during the main season approximately 3 months each year the business remains open until 10.30/11 p.m. each day.

Accommodation

Stairs from the first floor to second floor area comprising:

1 Large room with laminated strip floor - currently utilized as a living room/bedroom. In our opinion could be split into 2 rooms, if desired.
Shower room with showe, w.c. & wash hand basin
Kitchen

We understand there is planning permission to convert the upstairs to 2 flats if desired.

Tenure

The vendor owns the freehold and subject to satisfactory refrences is prepared to grant a new 20 years full repairing and insuring lease at a rental of 25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 7,700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 590,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 65,000 (lease) 413,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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