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Fish and chip takeaway and restaurant for sale in Hastings East Sussex

Hastings, East Sussex

CONFIDENTIAL

  • Freehold: £428,000
  • Turnover: £260,000 (£5,000 per week)
  • Profit: On request

Business Details

Grade II listed freehold fish & chip takeaway & restaurant in large coastal town.

Key features

  • Freehold Grade II listed property sold with the business
  • £5,000 average weekly turnover with seasonal summer uplift
  • 46-cover restaurant plus separate takeaway counter
  • Directly opposite the seafront in Hastings old town
  • 3-room owner's accommodation with bathroom above

About this business

Well established prominent freehold business/property directly opposite the seafront, close to many attractions and places of interests attracting thousands of visitors and there is a strong local community ensuring steady year round trading. Sales can be increase by starting a home delivery service, trade later and add outside seating. Genuine sale after 10 years of ownership as the seller is returning to his homeland. Ideal opportunity for more go ahead owner to take to the next level.

Trading figures

We have been informed that the turnover averages £5,000 weekly with a seasonable boost in summer months, being a mixture of counter and restaurant sales. There is potential to increase takings by introducing a delivery service, trade later and by adding some outside seating.

Trading hours

Summer - Monday through to Sunday, 11.30 am to 9.00 pm. 
Winter - shorter hours to suit.

Business premises

Prominent grade II listed freehold property having a wide glazed frontage with fascia and additional signage with separate entances to the restaurant and takeaway. The restaurant seats 46 covers at wooden tables & chairs and is fitted with non slip flooring, strip lighting, 2 ceiling fans and has access to the frying bay. The takeaway is mainly tiled and behind the counter range is a cooking section with a overhead extractor and shelving, onto a preparation & storage area. Steps lead to small tiled potato working area and 2 additional rooms used for storage.

Trade equipment

Trade equipment to include a 3 pan Preston & Thomas counter range, digital till, griddle, microwave oven, numerous fridges & freezers, gas oven, chipper and peeler. 
( The above items have not been tested by Rosens ). 
A full trade inventory will be provided prior to completion.

Accommodation

Internal access to the centrally heated accommodation above to include 3 rooms and a tiled bathroom.

Trading position

Firmly established prominently positioned directly opposite the seafront in the old part of the town close to many attractions, places of interests and amenities. The local community ensures a steady year round trading the is boosted by strong seasonal demand from visitors to this historic coastal town.

Special remarks

Our client has traded here successfully for the last 10 years and is now selling as he is returning to his homeland leaving the way open for younger more go ahead ownership to take to the next level. There good scope available to start a home delivery service, trade later and to add outside seating.

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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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