KEBAB, BURGER & PIZZA TAKE AWAY LOCATED ON BUSY MAIN ROAD, WORTHING, WEST SUSSEX

  • Leasehold Price: £60,000
  • Weekly Turnover: £3,500
Worthing, West Sussex, England
Seller Ref:6726C
For Sale

KEBAB, BURGER & PIZZA TAKE AWAY LOCATED ON BUSY MAIN ROAD, WORTHING, WEST SUSSEX

Worthing, West Sussex, England
Seller Ref:6726C
  • Leasehold Price: £60,000
  • Weekly Turnover: £3,500

Description

The take away is positioned on Ham Road in Worthing, West Sussex on a busy parade of shops. The take away is ideally positioned for providing deliveries across the town. The surrounding area is densely populated with many flats in the area. Currently the vendor works with Just Eats, where he has received a star rating of 4.6*. There would be huge potential to expand onto other platforms to further increase annual turnover. The business has also received positive reviews on Google Reviews and Trip Advisor. The business has been in current vendor’s ownership since 2012 and now only comes to the market due to the vendor’s wish to retire.

THE PREMISES: This well-equipped premise comes to the market in good condition. On entering the premises there is a serve over counter for taking orders. Behind this area is the cooking area which includes full extraction, two doner kebab machines and a deep fat fryer. To the rear of the premises is a preparation and washing up area as well additional fridges and freezers. The staff toilet is also located to the rear of premises. There is also access at the rear of the premises where the bins can be accessed and there is parking for 2 cars. The premise also has the benefit of CCTV.

TENURE: The ground floor premises is held on a full repairing and insuring lease at a current rental of £8,000 per annum, with 7 years left on the current lease.

RATES: We have been informed that the current rateable value of the premises is £7,200 per annum and the rates payable amount to zero. Prospective occupiers should make their own enquiries to verify same.

TURNOVER: The vendor and her family run the business with the assistance of 1 part time delivery driver. The current opening hours are 4pm-11pm Saturday-Thursday and 12pm-11pm on Friday. The average current turnover is £3,500 per week. They currently only work with Just Eat, therefore there is the opportunity to include other delivery companies as well.

GENERAL REMARKS: Established business. Secure lease. Based on a busy main road in a densely populated area. Easy access to Worthing and surrounding areas for deliveries.

PRICE: We are instructed to quote for all of the fixture and fittings, lease and goodwill – £60000 SAV

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.

ENERGY PERFORMANCE CERTIFICATE: The premises has been rated a band D and the full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.

Prop. Ref: 6726C

These particulars are believed to be correct but their accuracy is not guaranteed and
they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:

i) View businesses registered with Watkins Commercial by appointment only.
ii) Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial
iii) Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.
iv) Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations
v) Be liable for any commission which would have been due to Watkins Commercial
should I be party to negotiations or actions which seek to preclude, or are contrary to
the interest of Watkins Commercial.

Leasehold Terms:
The ground floor premises is held on a full repairing and insuring lease at a current rental of £8,000 per annum, with 7 years left on the current lease.
Trading Hours:
4pm-11pm Saturday-Thursday and 12pm-11pm on Friday.
Number of Employees:
1 part time
Support and Training:
yes
Location Details:
The take away is positioned on Ham Road in Worthing, West Sussex on a busy parade of shops. The take away is ideally positioned for providing deliveries across the town. The surrounding area is densely populated with many flats in the area.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
www.watkinscom.co.uk

Business Documents

FOCUS - 6726C

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