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Attractive LICENSED RESTAURANT
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, not far from the sea front, town centre position, WEST SUSSEX
(Please register to make appointments and view addresses) |
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Features |
At present Thai cuisine, which could obviously be continued and in our opinion, in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
Full Gas Fired Central Heating
Spacious double fronted Restaurant, commercial laminate wood floor, spot lighting plus wall lighting. Dispense Bar with glass washer, sink, coffee machine. Tables and chairs providing seating for 50 persons. Wine fridge.
Level kitchen fully equipped including 1 6-burner gas cooker, stainless steel fridge, ice cream deep freeze, stainless steel deep freeze, small deep freeze, dishwasher, double sink and drainer, work surfaces etc.
Ladies' and gentlemen's cloakrooms
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Turnover |
WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65/70% approx.
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Staff |
The Restaurant is at present operated by the vendor with the assistance of 1 full time chef plus 2 part time staff.
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Opening
Hours |
Sunday - Wednesday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m.
Thursday, Friday & Saturday - 12 noon - 2.30 p.m. & 6 p.m. - 12 midnight
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Accommodation |
The accommodation as a SELF CONTAINED FLAT over is rented from the landlord on a shorthold tenancy at £600 per month, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
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Outside |
Small yard.
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Tenure |
We understand the Restaurant is held on a secure renewable lease from a private landlord having approx. 9 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.
Uniform Business Rates: £6,390 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
REDUCED FOR EARLY SALE
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,950 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: R7415
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