Property for sale
Property description & features
- Premises and food truck available
- 100% rate relief (STS)
- 30 Covers externally
- 10 Covers internally
A rare opportunity to take over an established food premises & takeaway currently trading as The Vegan Street Food Company. On the market at an asking price of offers in region of £60,000 with an annual rent of £4000.
Situated in the heart of Worthing town centre in a walkway off Montague Street opposite M&S & next to Superdrug.
Description The shop opened in 2020 as a takeaway with seating outside on the terrace without any fees (normally around 30 seats) & internal seating for 10 people. The current menu is free from dairy wheat and nut. In addition to the business, there is also a food truck which will be included within the sale.
The overall size of the shop is 19'6 x 12'7 with an additional storage/washing up area, rear lobby and WC.
Accommodation: The premises have the following approximate floor areas:
Ground floor: 227sqft / 21.13sqm
Total floor area: 227sqft / 21.13sqm
Tenure: The property is let on a lease for 5 years from May 2021 however, a new lease direct with the landlord might be considered.
Rent: Rent £4,000 per annum, exclusive.
Premium: Offers are invited in the region of £60,000 for the lease, business and food truck.
Business Rates: The rateable value from April 2023 provided by the Valuation Office Agency is £4,400. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £2,195.60.
EPC: The property has an EPC rating of C - 56
VAT: We are informed that VAT is not applicable on the terms quoted.
Legal fees: Each party is responsible for their own legal fees in this transaction.
Viewing: Strictly by appointment with Sole Agents, Jacobs Steel.
Contact: Leigh Doherty, Commercial Manager, t:[use Contact Agent Button] / e: [use Contact Agent Button]
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Property reference S853956. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jacobs Steel & Co - Worthing.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 18, 2022
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Clear: No bars, no signal predicted
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Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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