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Rectory Road, Worthing BN14, BN14 7PH, Worthing BN14, BN14 7PH

not specified / Retail / General Retail

To Let - £8,000.00 per annum

Available - Last updated: 20 August 2019

Location: The business occupies a highly visible trading position on Rectory Road in Worthing, West Sussex. The modern lit up shop front stands out on this parade of local shops which includes a hair salon, florist, beauty and fitness business. The business also benefits from being directly across from the busy Thomas A Becket Public House. This is the only Fish and Chips business outside Worthing Town Centre and only the 2nd Takeaway to service fried chicken. Worthing is a thriving seaside town, 10 miles West of Brighton and 18 miles East of Chichester.

Description:

Business: The contemporary business underwent a full refurbishment less than 5 years ago which included both new equipment throughout and a new decor internal dining area for 14. This is one of the finest takeaway units in the area and must been seen to be fully appreciated. The successful business offers a menu of Fish and chips, Burgers, Fried chicken, & Sausages and pies

uses: A3

premium: £97,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill

rental: We are advised the business is been sold as a Leasehold opportunity, original length of the lease 20 years with 14 remaining paying just £8,000 per year

business rates: Nil. From information obtained from the Valuation Office Agency website .

Size: Approximately 570 sq ft

opening hours: Monday to Sunday 4:00pm to 11:00pm

staff: The business is run and managed by our clients with the help of 3 part time staff and 2 self-employed delivery drivers.

Turnover: We are advised that the yearly turnover is approximately £168,000 per annum. Gross Profit of £96,000. Over £40,000 of assets will be included in the sale.

Legal cost: To be confirmed

local authority: Adur & Worthing

energy performance certificate: Energy Performance Asset Rating is 82: D Rating. A copy of this property’s energy performance certificate is available on request

Location

Premium: £97,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Restaurant/cafe to let To Let £8,000.00 per annum

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