VERY WELL EQUIPPED FISH & CHIP TAKEAWAY WITH ACCOMMODATION PROMINENT PARADE POSITION, MID SUSSEX

This business is situated in the superb trading position on a prosperous parade of shops located in a Mid Sussex town, specialising in the sale of Fish & Chips. The current vendors have been trading here since 2018 and during this time have created an excellent reputation with very good reviews on Google, TripAdvisor and Google Reviews. At present they don’t offer a delivery services, therefore this would be an avenue to increase turnover. The business has now only come to the market due to the vendors wish to retire.

THE PREMISES: On entering the premises there is a large waiting area with the serve over counter towards the rear of the premises which contains the large fish & chip range.  To the rear of the premises is a chipping room, preparation room and access to the staff toilet. Parking is readily available in on the street outside the Fish & chip shop or in nearby streets. The corner premises are well presented and come with a wealth of trade fixtures and fittings which are all regularly maintained and serviced. A full inventory of the fixtures and fittings are available on request.

ACCOMMODATION: The spacious living accommodation consists of 2 double bedrooms, large living room, kitchen, separate toilet. There is also a large garden, which I located to the side and rear of the property. We understand that you can sublet the accommodation separately and you should be able to achieve a rental of £900 per month.

TURNOVER:  The vendor works full time in the business, with the assistance of four part time members of staff. Hours of Opening: Tuesday-Saturday 5pm-9pm and Friday-Saturday between 12pm-2pm. Details of the turnover will be released to bona fide purchasers.  At present they only offer collection, therefore there is the potential to offer a deliver service as well.

TENURE:  The entire premises are held on a full repairing and insuring lease which has approximately 12 years unexpired at a rental of £17,040 per annum. Rent reviews due to take place every 4 years.

RATES:  We have been verbally informed that the business currently pays zero rates, as they have the benefit of small business rate relief. The rateable value of the property is £5,700 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Ideally located fish and chip takeaway on a busy parade in a densely populated area of a town in Mid Sussex. Equipped to a high standard.  Excellent passing trade.  Easy parking available.  Personally inspected.  Highly Recommended. 

PRICE:  We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings Price reduction £99,950.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:  Our clients are in the process of commissioning an EPC.

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:         6732C

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.