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Profitable A3/A5 Takeaway Business in Newhaven, East Sussex for Sale Due to Vendor's Relocation Plans

Newhaven, East Sussex
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TAKE AWAY  WITH A3/A5 USER  NEWHAVEN, EAST SUSSEX Photo 1
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TAKE AWAY  WITH A3/A5 USER  NEWHAVEN, EAST SUSSEXTAKE AWAY  WITH A3/A5 USER  NEWHAVEN, EAST SUSSEX
  • Status

    FOR SALE

  • Date Submitted:

    17/07/19

  • Advert ID

    246133

  • Reference

    6646C / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £12,000 (Stock at valuation)
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Currently Closed
  • Prime Location
  • Price Reduced
  • Retirement Sale
  • Vacant/Empty Premises
  • Fully Fitted

Business Details

TAKE AWAY WITH A3 A5 USER NEWHAVEN, EAST SUSSEX

The A3/A5 takeaway  is located in Newhaven High Street and benefits from passing trade. Parking can be easily found in nearby roads.  The business has been in the current vendors hands for 5 years and only now closed comes to the market due to his wish to retire.

THE PREMISES:  The double fronted premises currently has a seating area where customers can come and wait for their food orders. Adjacent to this is a counter where orders are placed. To the rear of the premises is the Fully Fitted Kitchen with a wealth of quality trade fixtures and fittings.  There is also a separate preparation and washing up area as well as a dry store which includes 3 freezers and 3 fridges.

TURNOVER:  The business was run by the vendor and his family. Hours of Opening: 4pm – 10:30pm Monday to Sunday.  Now Closed

TENURE:  The entire premises are held on a full repairing and insuring lease which has approximately 6 years unexpired at a rental of £13,700.per annum. Rent reviews are due to take place every 3 years.

RATES:  We have been verbally informed that the vendor currently benefits from small business rate relief and the current rates payable are zero. Prospective occupier should make their own enquiries to verify same.

GENERAL REMARKS:  This business occupies an ideal location on Newhaven High Street and during the present vendor’s ownership has created excellent goodwill.  Secure lease, modest rental. 

PRICE:  We are instructed to quote for the lease, equipment, trade fixtures and fittings Price reduction £12,000 

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. 

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Particulars / More Information

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'TAKE AWAY WITH A3 A5 USER NEWHAVEN, EAST SUSSEX - 6646C / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.