Spacious refurbished RESTAURANT (previously trading as a Little Chef and situated adjoining a Petrol Filling Station)
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
The Restaurant is not trading at present, however, in our opinion, has tremendous potential in the right hands. With the high volume of traffic on the A23, in our opinion, the business offers terrific development and again in our opinion there is potential for evening trade, especially with the introduction of a Restaurant Licence for the sale of wines, beers and spirits as the premises are situated in a large catchment area approx. 7 miles from Crawley.
Price
PREMIUM REQUIRED FOR THE NEW LEASE, FIXTURES & FITTINGS £20,000 plus VAT
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £575,000 plus VAT
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
The detached building built approx. 18 years ago stands in its own grounds of approx. 0.85 of an acre including large tarmaced car park for approx. 35 cars.
The premises have recently been refurbished to a very high standard at considerable expense.
The ground floor area including restaurant and kitchen is approx. 2,500 sq. ft.
Entrance to spacious Restaurant, will be fully carpeted. Night Storage Heaters. New ceiling with inset spotlighting plus hanging lighting, 5 ceiling fans. Tables and chairs providing seating for 80 persons (could be increased). Bar.
Level kitchen with stainless steel extractor unit, griddles, deep fryer, Fosters double door stainless steel counter fridge, wash-up area, walk-in coldroom, walk-in deep freeze.
Dry Goods Storeroom
Office
Staffroom
Staff ladies' and gentlemen's cloakrooms, each with w.c. and wash hand basin
Fully tiled ladies' cloakroom with 2 w.c's, 2 wash hand basins
Fully tiled gentlemen's cloakrooms with 1 w.c. 2 urinals, 2 wash hand basins
Disabled cloakroom with w.c. wash hand basin plus baby changing facilities
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION and with NIGHT STORAGE HEATERS, comprises:
2 Bedrooms (1 double with fitted wardrobes, 1 single bedroom)
Landing area with additional fitted wardrobes
Bathroom with bath, w.c. and wash hand basin
Large Lounge with fitted kitchen adjoining
Outside
Large decked area providing space for additional tables and chairs (weather permitting).
The Restaurant stands in grounds of approx. 0.85 of an acre with a large tarmaced car park for approx. 35 cars and additional grounds.
Tenure
The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new full repairing and insuring lease for a minimum period of 5 years and a maximum period of up to 20/25 years, if desired. The rental for the first year would be £20,000 p.a. exclusive of rates, increasing for the second year to £27,500 p.a. exclusive of rates, further increasing for the third year to £35,000 p.a. exclusive of rates and further increasing for the fourth and fifth year to £40,000 p.a. exclusive of rates. After the first 5 year period there would be a rent review and thereafter further rent reviews every 3 years.
Uniform Business Rates: £9,000 p.a. approx. + water rates
