Attractive Licensed Restaurant | | Undisclosed East Sussex | | Situated in a parade, sought after residential area, close to the sea, EAST SUSSEX | | ADVERT NUMBER : 39732
ADVERT IMPRESSIONS : 30,260 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Features : The premises have a Full On Licence and is at present Goanese cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.SINGLE FRONTED RESTAURANT with woodstrip floor. Ceiling lighting. Tables and chairs providing seating for 20 persons. Bar.To the rear of the Restaurant is a covered area with decking providing tables and chairs for an additional 20 persons.Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin Level kitchen with non-slip floor. Large Blueseal grill, 6-burner gas cooker, stainless steel table, 4 fridges, 2 chest deep freezes, stainless steel double sink and drainer, wash hand basin.Location : Situated in a parade, sought after residential area, close to the sea, EAST SUSSEXOpening Hours : Lunches - Wednesday, Thursday, Saturday & Sunday - 10 a.m. - 2 p.m.Evenings - 5 p.m. - 11 p.m. seven evenings per weekTurnover : WE ARE INFORMED the turnover averages £2,000/£2,500 p.w. in our opinion offering further potential for further increase in the right hands. Gross profit 60% approx.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £14,750 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.Uniform Business Rates: £1,800 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED FLAT over, with GAS FIRED CENTRAL HEATING, comprises:2 Double BedroomsBathroom with bath, w.c. and wash hand basinLoungeKitchen with fitted unitsOutside : Garage used for storage purposesStaff : The business is at present opeated by the vendor with the assistance of his brother and 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
