Kebab and Chicken Shop in Worthing For Sale

Situated in a parade, busy road, residential area, WORTHING, WEST SUSSEX

Turnover £ 2,750
Price £50,000

Features

Fast Food Take Away

DOUBLE FRONTED PREMISES, in the region of 500 ft², CCTV (2 cameras), Tiled floor, suspended ceiling with concealed lighting.

Sales counter, electric cash register, display serve over chiller.

Open plan kitchen. Stainless steel extractor, doner machine, grill, double basket deep fat fryer, double deck pizza oven, microwave, soft drinks fridge, double door fridge, 3 large freezers, double sink and drainer, stainless steel preparation table, etc.

Store cupboard.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. - £3,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

7 Day week
SUNDAY TO THURSDAY 4 p.m. - 11 p.m.
FRIDAY & SATURDAY 12 noon - 11 p.m.

Outside

Yard with shed used for storage.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £8,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012 OFFERED FOR SALE SOLELY DUE TO FAMILY COMMITMENTS.

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