Attractive Thai Restaurant in West Sussex For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, West Sussex.

Turnover £ 5,000
Price £125,000

Features

Attractive Licensed Thai Restaurant

6 DAYS OPENING

Outside seating for approximately 20 people, available on separate licence agreement.

SINGLE FRONTED CHARACTER PREMISES, in the region of 1,400 ft², Laminate flooring, beamed ceiling with character pendant lighting.

Customer waiting area.

Tables and chairs seating 60 people.

Bar - Under counter fridges, cash register, glass washer, wash hand basin.

Kitchen - Stainless steel extractor, Chinese hob (7 burner), 4 burner hob, rice cooker, 2 double basket deep fat fryers, plate warmer, with heated counter, microwave, salamander, 5 single door uprught fridges, chest freezer, sngle door upright freezer, stainless steel preparation tables, double sink and drainer, dishwasher, etc.

Store cupboard.

Ladies cloakroom with toilet and was hand basin.
Gentlemen's cloakroom with toilet and was hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. - £6,000 p.w. (APPROXIMATELY 20% DELIVERY)

Staff

The business is currently company operated with a team of 3 full time and 1 part time employees.

Trading Hours

6 Day week
TUESDAY 5 p.m. - 10.30 p.m.
WEDNESDAY- SUNDAY 12 noon - 2.30 p.m. 5 p.m. - 10.30 p.m.
CLOSED MONDAY

Outside

Forecourt seating to the front (Available on separate licence)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2010 with reviews every 5 years (next review 2030) at a current rent of £35,000 p.a. plus VAT

In addition we understand there is a Service charge of £2,000 p.a. approx.

Business Rates from April 2026 £15,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote