Fish and Chip Shop in West Sussex

  • Leasehold Price: £55,000
East Preston, West Sussex, England
Seller Ref:SUS12078
For Sale

Fish and Chip Shop in West Sussex

East Preston, West Sussex, England
Seller Ref:SUS12078
  • Leasehold Price: £55,000

Description

WEST SUSSEX, LITTLEHAMPTON/ WORTHING AREA. SAME OWNERSHIP PAST 18 YEARS, END TERRACE FISH & CHIP TAKEAWAY WITH NO DELIVERIES, TRADITIONAL MENU CLOSING 8.30PM LATEST OVER 6 DAYS TRADING, WELL ESTABLISHED ON LARGE COMPREHENSIVE PARADE WITH EXCELLENT PARKING, LARGE CATCHMENT AREA SURROUNDS, OPERATED BY HUSBAND & WIFE TEAM, PLENTY OF SCOPE TO EXPAND.

TAKINGS: We have been informed by the Seller that the turnover averages £2,100 weekly, being run by husband & wife with no additional staff. Operating on a conventional Fish & Chip menu closing 8.30pm latest and with NO DELIVERIES. Great potential for capable new ownership to take forward.

TENURE: We understand that a new 10 year Lease was granted in March 2023 with a rent reviews every 5 years, at a initial annual rent of £12,500 for the first 2 years which increases to £13,750 the following years and then £!4,250 for the next couple of years.

TRADING HOURS: Monday through to Saturday:- LUNCH, 12.00 noon to 2.00pm and EVENING, 4.30pm to 8.30pm. GOOD SCOPE FOR LATER TRADING.

ACCOMMODATION: No accommodation is included in the sale.

BUSINESS PREMISES: Long established end terrace premises having a half glazed frontage with a tiled base and a full with coloured fascia lit by spotlights and additional signage. The spacious sales shop has painted walls, tiled floor covering, covered strip lighting, a small sectioned off seating area having a couple of tables ( hardly used ) and a 3 pan ‘Sussex’ range with a counter extension. The large frying/serving bay has plenty of work surfaces, opens onto a kitchenette, compact office and a mostly tiled general preparation facility that leads to a shared rear yard from which deliveries can be made. The shop would benefit from some updating.

EQUIPMENT: Usual selection of trade equipment to briefly include a 3 pan ‘Sussex’ counter range, cash register, glass fronted refrigerated drink cabinet, 3 fridges, 2 chest freezers, small stainless steel fish keeper, 2 microwave ovens, basket fryer, 2 toasters, chipper and peeler. ( The above items have not been tested by Rosens ). Full inventory of trade equipment will be available prior to completion.

TRADING POSITION: Situated in a nice coastal village at end of a large comprehensive local parade with easy parking, incorporating a convenience store/ post office, pharmacy, beauty salon, hairdresser etc and close to social club, library, school and local sports clubs. The surrounding district is vastly populated, being made up of private and council homes which provide solid year round trading.

SPECIAL REMARKS: This firmly established business would benefit from some modernisation and is operated solely by a husband and wife team who now are seeking retirement leaving the way open for younger more go ahead ownership to take to the next level.
THE SHOP IS LOCATED WITHIN A LOVELY VILLAGE AT THE END OF A LARGE LOCAL PARADE THAT AFFORDS MASSIVE POTENTIAL WHICH WILL BE EVIDENT UPON INSPECTION.

PRICE: £55,000 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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