Summary
- Asking price:
- £22,500
- Sales revenue:
- £1,100 weekly
- Cash flow:
- Available on request
- Years established:
- many years
- Employees:
- Vendor 1 part time assistance and a family member
Business description
This business has been established for over eight years and is one of a bustling parade of shops. The business is situated in a thriving yachting town twixt Worthing and Brighton. The present owner works limited hours and it is felt that enormous scope exists to increase the current turnover especially if sandwich rounds and outside catering were introduced and encouraged.
Price reduction £22,500 SAV REF: 6049C
Property information
- Property:
- Leasehold
- Lease terms:
- The entire premises are held on a full repairing and insuring lease with approximately 4 years unexpired at a rental of £7,250 per annum, exclusive fixed for the next 2 years rising to £8,250 per annum, exclusive for the next 2 years. We understand there should be no difficulty in renewing this lease for a longer period if desired – the business has the full protection of the Landlord & Tenant Act.
- Leasehold rent:
- ££7,250 per annum
- Location:
- Parade adjacent to main railway station
- Premises details:
- Single fronted shop seemed to be very well fitted and equipped to the trade with seating for 12 persons alfresco.
Other information
- Expansion potential:
- Outside catering
- Planning consent:
- A1
- Support & training:
- yes
- Trading hours:
- We are informed that the current turnover amounts to £1,100 per week rising,
trading accounts are available. The business is run by the vendor with one family member and one part time assistant.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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