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Traditional Fish And Chip In West Sussex For Sale

West Sussex
Asking Price:
£47,500
Sales Revenue:
Available on request
Cash Flow:
Available on request

West Sussex. Traditional Fish & Chip Lock Up Business, Trades Just 4 Days Weekly Closing 9.00pm Latest, Limited Menu, New 16 Years Lease Available, Genuine Retirement Sale After 13 Years Ownership. (Flat Maybe Available Separately).

Turnover:
We understand weekly sales are £1,400, operating from Wednesday to Saturday closing 9.00pm, due to owners pending retirement. When trading normal openings turnover was in the region of £3.000 weekly.

Equipment:
Conventional assortment of trade equipment as follows: 2 pan (Martyn Edwards) counter range, cash register, 3 freezers, small fridge, stainless steel fish keeper, microwave oven plus new( Bold) chipper and peeler. (The above items have not been tested).

Special Remarks:
After 13 years of ownership the seller wishes to retire and is offering this well established business for sale on a Leasehold basis. Plenty of growth potential for younger more go ahead owner, which will be evident when inspecting.

Property information

Property:

Leasehold

Lease Terms:

The vendor will grant a new 16 years Lease with 4 yearly reviews at starting rental of £9,000 per annum for lock-shop only

Living Accommodation:

This is a lock-up shop, however a one bedroom flat above maybe available on a shortterm tenancy agreement, at monthly rent of £750.

Location:

Business Premises:
Easy to operate mid terrace well established unit having newly installed smart bi-folding doors, under full width fascia and matching protruding sign. The sales shop has tiled flooring, painted walls, spot lighting and is equipped with 2 pan (Martyn Edwards) range with counter extension. Beyond the range is a stainless steel clad cooking section, continuing onto a fitted kitchen and separate room used as an office. To the rear is a covered yard used for storage purposes, general preparation area which incorporates potato works, with easy to clean hygienic wall covering and tiled floor plus outside yard.

Position:
Situated on busy local parade of shops with convenience stores, serving very pleasant good class well populated district, being approximately 150 yards from seafront and benefitting from regular year round trading that is boosted by visitors. We have been informed by the vendor, a new flat development is to be built nearby.

Business Operation

Trading hours:

Wednesday to Saturday, Lunch, 12.00 noon to 2.00pm and Evenings, 5.00pm to 9.00pm. OBVIOUS POTENTIAL FOR EXTRA AND LATER OPENINGS.

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