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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 : R8834

Most attractive olde worlde 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

Sought after position, just off the High Street, EAST SUSSEX (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

MOST ATTRACTIVE & SPACIOUS OLDE WORLDE LICENSED RESTAURANT with a wealth of oak beams to the first floor.

Front entrance to reception area, quality wood strip floor, wall lighting, ceiling with inset lighting. Reception bar with brick facia and wooden top, optics, electronic cash register, automatic coffee machine, 2 double door glass fronted counter fridges, quality tables and chairs providing seating for 25 persons.

Half tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Open staircase to first floor area providing spacious additional restaurant with quality wood strip floor, wealth of oak beams. Quality tables and chairs providing seating for up to 45 persons (can be increased), 4 hanging chandeliers. Attractive sideboard with built-in fridge.

On the ground floor to the rear of the restaurant is a fully equipped catering kitchen with industrial non-slip floor the equipment includes stainless steel extractor unit, 6-burner stainless steel cooker, double deep fryer, 2-door stainless steel counter fridge, dishwasher, double sink and drainer, single sink and drainer, large griddle, rice cooker, 2 microwave ovens, 2 stainless steel fridges, 1 stainless steel deep freeze, chest deep freeze, stainless steel hot cabinet, stainless steel work surface etc.

Staff

The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time chefs plus 1 part time staff at weekends.

Opening Hours

12 noon - 3 p.m. & 6 p.m. - 11.30 p.m. seven days per week

Outside

Store Shed

Tenure

We understand the premises are held on a secure renewable lease from a private landlord having approx. 16½ years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 1½ years, with rent review at that time and thereafter every 5 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE QUALITY LICENSED RESTAURANT IN THIS SOUGHT AFTER EAST SUSSEX TOWN.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Reference : R8834

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Restaurant for sale
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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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