Business for sale

Business description

Turnover: We are informed the turnover averages £2,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 2007 showed £142,676 with a gross profit and £57,022.


Price: OFFERS INVITED TO INCLUDE THE YEARLY AGREEMENT, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION
LOAN POSSIBLE TO AN APPROVED APPLICANT


Features Free Car Park at rear (limited to 3 hours during the day)

This old established business has been in the same hands for the past 21 years and is now solely offered for sale, due to the vendor's retirement.

The shop is purpose built within the Market Hall complex and is fitted out with quarry tiled floor and plastic coated walls for easy cleaning.

The equipment includes 2 refrigerated serveover counters, a Scotsman A4 flake ice maker dispensing into a large capacity storage bin, walk-in coldroom, 3 chest deep freezes (2 of which have display glass covers) a purpose built lobster 'keep tank', 2 Avery computer tills, each with cash register drawers.

There is a 1996 VW Caddy refrigerated Van included in the sale.

The shop trading as a limited company also owns a share in a registered 6 metre fishing boat licensed and fishing out of the Sovereign Harbour, Eastbourne and whilst the skipper is responsible for the day to day operations of the boat and its upkeep and expenses the shop is able to have access to catches of fresh local fish at wholesale market prices.


Staff: The business is at present operated by a lady vendor with the assistance of 1 full time staff.


Opening Hours Winter Months
Tuesday - Friday inclusive - 7.30 a.m. - 4 p.m.
Saturday opening 7.30 a.m. - 3 p.m.
CLOSED SUNDAY & MONDAY

Summer Months
Tuesday - Friday inclusive - 7.30 a.m. - 5 p.m.
Saturday opening - 7. 30 a.m. - 3 p.m.
CLOSED SUNDAY & MONDY


Tenure The premises are at present held on a renewable yearly licence at a current rental of £210 p.w. plus VAT inclusive of rates.

We understand that planning permission has recently been granted for the owners to redevelop the site to include a major Argos Store and a parade of 5 or more new self contained shops, one of which we understand will be offered to the owners of Our George Fish Shop at a similar rent and a longer term lease, if required. We further understand the developers will be paying for all the removal expenses and finding suitable alternative premises at reduced rental during the course of the redevelopment. We understand it is not known when this redevelopment will be commenced, however, certainly in our opinion once the redevelopment is completed and this business re-established into brand new premises, the business should offer tremendous further potential.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED


Reference : M2468