VERY WELL EQUIPPED FISH & CHIP TAKEAWAY PROMINENT MAIN ROAD POSITION, HOVE

 VERY WELL-EQUIPPED FISH & CHIP TAKEAWAY PROMINENT MAIN ROAD POSITION, HOVE

This business is situated in the superb trading position with very high visibility specialising in the sale of Fish & Chips and homemade burgers. The business is located on a busy main road and is located in a densely populated residential area, as well as having easy access to main roads such as the A270 which ensures deliveries can be made easily. Also, the Sackville trading estate redevelopment project which has recently started is only a short walk away from the premises and has brought a vast new workforce to the area, while building works are being carried out, and then once completed there is expected to be 800 new homes as well as offices, community meeting rooms and a village hall. The current vendors have been trading here since July 2019 and during this time have created an excellent reputation with very good reviews on Google and Just-Eat. At present the vendor works with Uber Eats, Deliveroo, Just Eats and Dinner to go for all delivery orders. 

THE PREMISES: The single fronted premises are well presented and come with a wealth of trade fixtures and fittings after being fully refurbished in July 2019. On entering the premises there are bar stools and seating for 10 covers. Fixtures and fittings include a 2-pan fish range, 2 fridges, and grill. The premises is also fitted with full extraction, which is regularly maintained and serviced. To the rear of the premises is also a store room with an additional chest freezer. At the rear of the premises is a yard which provides access to the staff toilet and chipping room, which contains an IMC chipper and IMC potato peeler.

TURNOVER:  We are informed that the business currently averages £2,200 per week.  The vendor works full time in the business, Hours of Opening:  4pm to 10pm Monday to Saturday.  There would be enormous scope to extend opening hours and to also trade later into the evening.

TENURE:  The entire premises are held on a full repairing and insuring lease which has approximately 9 years unexpired at a rental of £13,000 per annum.

RATES:  We have been verbally informed that the business currently pays zero rates, as they have the benefit of small business rate relief. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Ideally located fish and chip takeaway on a busy main road. Equipped to a high standard.  Located in a densely populated area in Hove. Excellent passing trade.  Easy parking to the outside of the premises for short periods.  Personally inspected.  Highly Recommended. 

PRICE:  We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings Price reduction £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 a band F and the full report is 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:         6753C

 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.