Fish and Chip Shop in East Sussex

  • Leasehold Price: £150,000
Polegate, East Sussex, England
Seller Ref:SUS12180
For Sale

Fish and Chip Shop in East Sussex

Polegate, East Sussex, England
Seller Ref:SUS12180
  • Leasehold Price: £150,000

Description

EAST SUSSEX. SAME FAMILY OWNERSHIP FOR 32 YEARS, TRADITIONAL FISH & CHIP TAKEAWAY WITH SLIGHT RESTAURANT & DELIVERY SALES, TRADING 4 LUNCHES & 5 EVENINGS WEEKLY CLOSING 8.30PM MOST NIGHTS, SELF CONTAINED 3 BEDROOM MAISONETTE ABOVE, ESTABLISHED IN NICE TOWN THAT’S EXPANDING WITH MANY NEW HOUSING DEVELOPMENTS, GENUINE RETIREMENT SALE.

TAKINGS: We have been informed by the Vendor that the turnover is in the region of £4,000/4,5000 weekly over easy hours, being mostly counter trade with slight restaurant and delivery sales using own drivers.
HUGE POTENTIAL TO INCREASE TAKINGS BY OPENING LONGER HOURS AND USING THE USUAL WELL KNOWN PLATFORMS TO MAXIMISE DELIVERY SALES.

TENURE: We understand that about 11 years remain on the Lease at rent of £19,000 per annum for good size shop and 3 bedroom accommodation which has potential to let for £1,200 monthly if not required for own use.

TRADING HOURS: LUNCH:- Wednesday to Saturday, 12.00 noon to 2.00pm. EVENING:- Tuesday through to Saturday, 5.00pm to 8.30/9.00pm. Sunday, closed. SCOPE TO OPERATE ADDITIONAL AND LATER OPENINGS.

ACCOMMODATION: The self contained maisonette comprises of 2 doubles & single bedroom, lounge, fitted kitchen and bathroom and has the potential to let at £1,200 monthly if not required for own use.

BUSINESS PREMISES: Firmly established within local parade of 9 other shops, having a half glazed frontage with central access and a full width coloured fascia running across. The deep interior has tiled floor covering, painted walls with mirrors on one side, lights/fans and seating at 5 wide table for up to 30 covers. The fully tiled frying/serving bay has a good menu display, fitted storage cupboards and a sink at the end, leading through to the fully tiled preparation area with twin sink unit and dumb waiter. The lower ground floor has a dumb waiter connecting to the shop, incorporates a large storage space, a tiled area for potato preparation and has access to the rear shared service road where deliveries are made.

EQUIPMENT: Usual trade items to include a 3 pan counter range, 2 small glass fronted drink cabinets, digital till, twin basket fryer, stainless steel fish keeper, numerous fridges & freezers, 2 microwave ovens, dumb waiter, chipper and peeler. ( The above equipment has not been tested by Rosens ).

TRADING POSITION: Located approximately 5 miles ( 8km ) inland from the seaside town of Eastbourne, being established within a local parade of 9 units including a convenience store, having parking along the front and is close to a station, local amenities etc. The pleasant neighbourhood that surrounds is well populated with lots of new housing developments under construction within the catchment area.

SPECIAL REMARKS: The Sellers family have owned this popular business for 32 years and now wish to take life a little easier, hence the easy trading hours of just 4 lunches & 5 evenings weekly with early closing. Surely with more go ahead ownership trade could be increases greatly by extending the openings, adding to the conventional men, expanding the home deliveries and benefit from all the new homes being built in this growing area.

PRICE: £150,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

Listed By:

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