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Restaurant for sale in East Sussex

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Buy a business in East Sussex

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Reference : R8762

ATTRACTIVE LICENSED RESTAURANT.

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Situated in a parade, not far from the seafront and close to the town centre, EAST SUSSEX. (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover during the winter months averages £1,700 p.w. increasing in the summer months to a maxium of £3,000 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£2,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

At present operated as an Indian Restaurant for approx. 20 years, which could obviously be continued, or in our opinion, in view of the excellent trading position there is potential for other types of cuisine, if required.

ATTRACTIVE SINGLE FRONTED RESTAURANT with full gas fired central heating, fully carpeted, wall and ceiling lighting. Tables and chairs for 30 persons. Dispense bar.

Level kitchen with industrial non-slip floor. The equipment includes Tandoori oven, 8-burner gas cooker, microwave oven, 4 fridges, 2 deep freezes etc.

Ladies & Gentlemen's cloakrooms each with w.c. and wash hand basin.

Basement - ideal for storage purposes.

Staff

The restaurant is at present operated by the vendor with the assistance of 1 full time chef plus 2 part time staff.

Opening Hours

Monday - Sunday - 6 p.m. - 11.30 p.m.

Accommodation

The spacious living accommodation, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:

4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Additional Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen

Outside

Yard at rear.

Tenure

We understand the premises are held on a 16 years lease from December, 2004 at a rental of £12,500 p.a. exclusive of rates up to December, 2008 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief) + water rates.

RECOMMENDED FOR EARLY INSPECTION.

Reference : R8762

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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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