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Reference R9742

Spacious Licensed Restaurant (closed) in East Sussex For Sale

Spacious Licensed Restaurant (closed) in East Sussex For Sale
Spacious Licensed Restaurant (closed) in East Sussex For Sale Buy a Spacious Licensed Restaurant (closed) in East Sussex For Sale Sell a Spacious Licensed Restaurant (closed) in East Sussex For Sale Spacious Licensed Restaurant (closed) in East Sussex For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, EAST SUSSEX

Price 320,000

Features

Spacious Freehold Licensed Restaurant (closed March, 2020)

The business has been in the same hands for the past 40 years & is operated as Chinese cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

SPACIOUS DOUBLE FRONTED RESTAURANT carpeted, ceiling lighting. Tables & chairs providing seating for 54 persons (can be increased). BAR with mirror-backed shevling, sink.

Ground floor gentlemen's toilet

First floor ladies' cloakroom with w.c. & wash hand basin
Large storeroom with deep freezer

LEVEL KITCHEN with quarry tiled floor. The equipment includes 9-burner Chinese cooker, extractor system, 6-burner gas cooker with double oven, 1 domestic microwave oven, 1 stainless steel fridge, 1 glass fronted fridge, large chest deep freezer, 1 small deep freezer, double sink & drainer plus single sink & drainer.

Stairs to large basement with rear access to garden

Accommodation

The SPACIOUS living accommodation comprises:

First Floor
Large lounge
Large double bedroom

Second Floor
Large kitchen or additional bedroom
Bathroom with bath, w.c. & wash hand basin
4/5 steps to a further 2 large bedrooms

Third Floor
2 additional large double bedrooms

In addition there is a small loft

Outside

Large yard/garden

Tenure

Uniform Business Rates: Nil after small business relief

AS STATED THE RESTAURANT HAS BEEN IN THE HANDS FOR THE PAST 40 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY FIXTURES & FITTINGS 320,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 224,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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