Traditional Fish & Chip Shop in East Sussex For Sale

Situated in a parade, busy road, residential area, EAST SUSSEX

Turnover £ 6,000
Price £120,000

Features

Traditional Fish & Chip Shop

6 DAYS OPENING
4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 720 ft² with vinyl floor, suspended ceiling with spot lights, Hewigo 3 pan counter range, EPOS till, chip dump, Coca-Cola fridge, CCTV system (4 cameras, 1 monitor).

Preparation room, potato chipper and peeler, Fish fridge, 2 fridges, 3 freezers.

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

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (20% DELIVERIES)

Staff

The business is at present operated by of the partners with 1 full time & 1 part time staff.

Trading Hours

6 Day week -
MONDAY 4pm - 9pm
TUESDAY - SATURDAY 11.30am - 2pm then 4pm - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,085 per month . The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £13,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, 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