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Reference H7893
Situated in a parade, excellent trading position, WEST SUSSEX
Turnover £ 3,500
Price
£99,500
Features
Fully Equipped Bar with 3am Licence
6 DAYS OPENING
SINGLE FRONTED PREMISES, tiled floor, spot lights, , Air conditioning with hot air. Bar with 3 drafts, 2 x under counter drinks display fridge (glass fronted upright double-door), EPOS till, CCTV system (16 cameras, 1 monitor).
First Floor.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
VIP Room
Second Floor
Office
Staff Room
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w.
Staff
The business is at present operated by the lady vendor with 1 full time staff employed plus door staff Thursday - Saturday.
Trading Hours
6 Day week
FRIDAY & SATURDAY 6pm - 3am
SUNDAY & TUESDAY - THURSDAY 5pm - 2am
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £22,000 p.a.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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