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Freehold Italian Restaurant, Eastbourne, East Sussex

Eastbourne East Sussex
Italian Restaurant Eastbourne AT £144,000 GP 65% Established 1980. Excellent accommodation. Enormous scope to improve
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 19133
ADVERT IMPRESSIONS : 16,511 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

FREEHOLD:

£340000 + SAV
 

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BUSINESS DETAILS:

Bag A Business is pleased to offer for sale this delightful Mediterranean style restaurant. The restaurant was established in 1980 and the present owners have had the business for the last four years. The restaurant and the living accommodation have been refurbished throughout to a very high standard. The restaurant has seating for forty-four covers and has room to increase to fifty covers, it also has a fully licensed bar. There is a large cellar that is used to store wine. The building has great character being a three storey Victorian building. The restaurant is set in the heart of Eastbourne within walking distance of the promenade and pier. There is excellent passing trade from tourists and is highly regarded by locals and benefits from repeat business all year round. With more advertising there are good prospects to increase the turnover. An early viewing is highly recommended.

This excellent Italian restaurant with having the added benefit of a freehold property is situated in the busy seaside resort of Eastbourne within two minutes of the beach and pier and five minutes of the main town centre. There is good road links to Brighton and London via the A22.

FINANCIAL PROFILE
A/T: £144,000.00
G/P: 65%

OPENING HOURS
Mon - Sat: 12.30pm - 2.30pm
Evening: 6.00pm - 10.30pm

PROPERTY DETAILS
Ground Floor
Stairway to apartment
Toilets
Bar Area
Coffee Making Area
Fully Equipped kitchen
Wine cellar
Back Yard.

First Floor
Lounge/Diner
Bedroom
Kitchen
Laundry Room
Small Terrace
Access to Rear Entrance

Second Floor
2 Bedrooms
Bathroom

External
Rear Yard for Deliveries
Fire escape

TENURE
Freehold
   
  FOR SALE
   

REFERENCE:

7721 / RightBiz
   
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ENQUIRIES:

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