Profitable Hot Food Takeaway In West Sussex Coastal Town For Sale

Business description

Mid parade High St premises of approx 1,000 sq ft close to station & harbour. Fully equipped, new double pizza ovens, 2 prep rooms, yard with parking space. T/O £6-£7,000 pw from open M-Th 4-11.30pm, Fr & Sat 11am-11.30pm and Sun 4-11pm. High GPM. Low overheads. Approximately 13 years remain on 15 year renewable lease, rent £10,000pa. Late licence. Established 20+yrs. Increasing trade from listings on several websites.

Property information

Property:

Leasehold

Lease terms:

the leasehold premises has approximately 13 years of a new 15 year renewable lease remaining, at a rent of £10,000 per annum with a review every 5 years.

Leasehold rent:

£10,000 per annum

Location:

This very high turnover hot food takeaway enjoys an excellent high street location in a popular coastal town in West Sussex. It is close to the railway station, within a few minutes' walk of the harbour and benefits from being well known and regarded having been established in this location for over 20 years.

Premises details:

The business occupies mid parade retail premises with a single frontage fitted with wood framed display windows and offset entrance door.

Above there is an eye-catching full width illuminated fascia board and there is an illuminated sign in the window. The takeaway interior is fully equipped for the trade and includes several preparation storage rooms providing generously sized premises extending to over 1,000 sq ft. Behind the counter the food service area is fully equipped . A doorway leads through to a large preparation room with tiled floor and walls. To the rear there is a second preparation room equipped with a walk-in cold store, 2 Meridian chicken pressure cookers and stainless steel extraction hood, leading to a further storeroom with a Foster walk-in freezer, chest freezer, shelving etc.

Business Operation

Expansion potential:

could service the late night trade from pubs and clubs.

Trading hours:

Monday to Thursday (4pm - 11:30pm), Friday & Saturday (11am - 11:30pm) and Sunday (4pm - 11pm)

Employees:

The owner runs the business and employs 7 staff Monday to Thursday (4pm - 11:30pm), increasing to 13 staff Friday & Saturday (11am - 11:30pm) and Sunday (4pm - 11pm

Years established:

20