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

Occupying a prominent position on a busy main road, this well-established takeaway specialises in fish and chips and homemade burgers. The premises benefit from high visibility and are situated within a densely populated residential area, with convenient access to the A270 and other main routes. The nearby Sackville trading estate redevelopment is expected to provide a further boost to local demand. The project is underway and, once complete, is set to deliver approximately 800 new homes, alongside offices, community meeting rooms and a village hall. During construction, the works have also brought additional workers into the area. The business has been operating here since July 2019, building a strong local reputation supported by positive reviews on Google and Just Eat. Delivery orders are currently fulfilled through Uber Eats, Deliveroo, Just Eat and Dinner To Go. THE PREMISES: The well-presented, single-fronted premises were comprehensively refurbished in July 2019 and are offered with a valuable inventory of trade fixtures and fittings. The customer area provides bar-stool seating for approximately 10 covers. The well-equipped kitchen includes a two-pan fish range, two fridges, grill and full extraction system, which is regularly serviced and maintained. To the rear is a useful storeroom with chest freezer,together with a yard providing access to the staff toilet and a separate chipping room, fitted with an IMC chipper and potato peeler. TURNOVER: We are informed that the business currently averages £2,200 per week. It is operated under management and is open between 4pm to 9:30 pm Tuesday - Thursday and 4pm to 10:30 pm Friday and Saturday. There is considerable potential to extend the opening hours, including later evenings and lunchtime trading. TENURE: The entire premises are held on a full repairing and insuring lease which has approximately 10 and half years unexpired at a rental of £15,000 per annum. The rent review is in year 5 of the lease. 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 £6,900 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Ideally situated on a busy main road in a densely populated area of Hove, this well-equipped fish and chip takeaway benefits from excellent passing trade and convenient short-stay parking outside. Personally inspected and highly recommended. PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings . Price £50,000. SAV LEGAL FEES: Each party is responsible for their own legal costs. The landlord’s legal costs to be split equally between the buyer and seller. 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 B 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: 6975C 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.