Fast Food Chicken Shop in East Sussex For Sale

Situated in a small parade, unopposed trading position, residential area, East Sussex.

Turnover £ 4,000
Price £120,000

Features

Fried Chicken Shop

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 830 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, New LED signboard and menu, Drinks Fridge, CCTV system (7 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, 2 Henny Penny's, grill, Cooker (Gas 4-burner) with oven, 2 Fridges, 1 brand new Pitco frying machine, grill, Slushie Machine, Taylor milkshake machine, Shop sales, Just Eat, Deliveroo

Walk in Cool room

Basement in the region of 20 ft² for dry stock and storage, 2 deep freezers, freezer.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (10% via Portals)

Staff

The business is at present operated by the Husband & Wife team plus son with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - FRIDAY 11.30am - 10pm
FRIDAY & SATURDAY 11.30am - 10.30pm

SUNDAY 12pm - 9.30pm

Outside

Parking space for 3/4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 9 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £10,800 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 £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote