Pizza takeaway situated on Church Road, which is a busy main road in Hove, and is ideally situated for providing delivers across the city. The surrounding area is densely populated with a mixture of flats, student accommodation and substantial family homes. Currently the vendor works with Just Eats, Uber Eats and Deliveroo, where he has received a minimum star rating of 4.5 across all sites. The business was established 11 years and now only comes to the market so that he can focus on his other business opportunities.

THE PREMISES: This single fronted shop has been well equipped and fitted to trade. The vendor has confirmed that all types of trade fixture and fittings are owned outright and nothing is on hire purchase or lease. The premise has a large serve over counter with an EPOS system which registers all orders through their own website, Just Eats, Uber Eats, Deliveroo and over the phone orders. Adjacent to the serve over counter is the Pizza preparation area and a
double pizza oven. A full list of the trade fixtures and fittings will be made available to any bona fide purchaser. The washing up area is to the rear of the premises. At the very rear of the premises is a walk-in chiller room. Access to separate ladies and gents’ toilet are in the basement.

TENURE: The premises are held on a full repairing and insuring lease at a current rental of £21,000 plus VAT per annum, with 4 years left on the current lease. The lease has the benefit of the 1954 Landlord and Tenant Act.

RATES: We have been verbally informed that the business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is £5,000 per annum. Prospective occupiers should make their own enquiries to verify same.

TURNOVER: The vendor currently runs the business with the assistance of 1 full time pizza chef and 2 part time drivers. We are informed that the average weekly turnover is £6,000 per week. The current opening hours are 4pm-1am Monday to Thursday and Sunday and 4pm-3am on Friday and Saturday. They also fulfil delivery orders through Just East, Deliveroo and Uber Eats, however 50% of orders are through their own website or direct calls, which don’t incur any commission costs.

GENERAL REMARKS: Established business and client base. Secure lease. Based on a busy main road in a densely populated area. Full fitted and equipped. Early Inspections, Highly Recommended.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £65,000 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 band D, full report available on 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: 6665C

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.