£350,000
Property for salePrince Avenue, Southend-On-Sea SS2
About this property
Established Chicken Shop Business Opportunity
An established and well-performing chicken shop occupying approximately 3,013 sq. Ft., benefiting from a prominent trading position and being the only chicken shop in the immediate area
The business has been successfully operated by the current owner for approximately 5 years, with the vendor having over 25 years industry experience
Key Details
The premises offer significant scope for further growth, subject to the necessary consents. There may be potential to subdivide the premises into two units, while the substantial floor area also provides an opportunity to expand the existing menu to include pizza and kebabs, potentially increasing turnover.
Further Information
The landlords legal fees will be split 50/50 between the seller and purchaser
Reason for Sale: The vendor has decided to pursue alternative opportunities and has no successor to take over the business.
Glenmore Properties are the Sole Agents
Viewings: Viewings: Strictly by prior appointment with Glenmore Property Services. Please call our office on to discuss your requirements or to arrange a viewing. Staff are currently unaware of the proposed sale.
Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £5,000 The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion. Following which it will be refunded in 72 Hours.
These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact.
Money laundering Regulations To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation and Proof of Funds at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.
An established and well-performing chicken shop occupying approximately 3,013 sq. Ft., benefiting from a prominent trading position and being the only chicken shop in the immediate area
The business has been successfully operated by the current owner for approximately 5 years, with the vendor having over 25 years industry experience
Key Details
Weekly Turnover: £12,000–£13,000
Weekly Profit: £4,000–£5,000 (as advised by the vendor)
Asking Price: £350,000 + VAT (If Applicable)
Rent: £27,000 + VAT per annum
Business Rates: Approx. £7,000 (subject to purchasers verification with the Council)
Size: Approx. 3,013 sq. Ft. (as per EPC)
Lease: 16 years, with approximately 15 years remaining
Rent Review: Every 5 years
Trading Hours: 11:00am–11:00pm
Alcohol Licence: No
The premises offer significant scope for further growth, subject to the necessary consents. There may be potential to subdivide the premises into two units, while the substantial floor area also provides an opportunity to expand the existing menu to include pizza and kebabs, potentially increasing turnover.
Further Information
The landlords legal fees will be split 50/50 between the seller and purchaser
Reason for Sale: The vendor has decided to pursue alternative opportunities and has no successor to take over the business.
Glenmore Properties are the Sole Agents
Viewings: Viewings: Strictly by prior appointment with Glenmore Property Services. Please call our office on to discuss your requirements or to arrange a viewing. Staff are currently unaware of the proposed sale.
Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £5,000 The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion. Following which it will be refunded in 72 Hours.
These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact.
Money laundering Regulations To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation and Proof of Funds at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.
Mortgage calculator
Monthly repayment
£1,750 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}