Chicken & Pizza Shop in East Sussex For Sale

Situated in a parade main road, trading position, densely populated residential area, EAST SUSSEX

Turnover £ 10,000
Price £185,000

Features

Chicken and Pizza Takeaway

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES with tiled floor, suspended ceiling with LED Panel lights, sales counter, cash register, Illuminated menu board, Tables and chairs providing seating for 20 People, CCTV system (9 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, pizza oven with conveyor belt (single deck), 2 Henny Penny chicken Machines, grill, hot display cabinet, 6 x fridge, 3 freezers, etc.

Small Stock room.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the vendor with 4 full time and 5 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 1pm - 11pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Single-glazed windows. The accommodation comprises:

1 Large bedroom.
Lounge.
Kitchen.
Shower room, w.c. and wash hand basin.

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 16 years in 2019 with reviews every 4 years (next review 2027) at a current rent of £17,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote