Spacious Well Fitted Bar | | Undisclosed East Sussex | | Situated in a parade, excellent main road trading position, EAST SUSSEX | | ADVERT NUMBER : 56507
ADVERT IMPRESSIONS : 19,986 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Wine Bars | | SALE: | Agent Sale | LEASEHOLD: | £45000 | | | | | BUSINESS DETAILS: | Features : We understand the premises have A4 use and a Full On Licence.
At present trading as a Bar, however, in our opinion has potential to develop the premises as a Restaurant, subject to obtaining A3 use.
SPACIOUS DOUBLE FRONTED BAR with laminated strip floor. Sofas, armchairs, tables and chairs plus stools providing seating for approximately 30 persons. Granite topped bar with 2 hand pumps, soft drinks dispenser (on loan from Pepsi Cola), electronic computerised till, 2 glass fronted counter fridges, glasswasher.
Ground floor ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Stairs to BASEMENT KITCHEN (currently being fitted)
1 storeroom
Location : Situated in a parade, excellent main road trading position, EAST SUSSEX
Opening Hours : Sunday - Thursday inclusive - 4 p.m. - 10 p.m.
Friday & Saturday - 4 p.m. - 12 midnight
Turnover : WE UNDERSTAND the business has been trading as a bar for approx. 5 months and previously traded as a Restaurant. We are further advised that the turnover is currently in the region of £1,500/£1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from March, 2010 at a rental of £24,000 p.a. exclusive of rates up to March, 2011 and increasing at that time by £1,000 p.a. for the following 4 years, with rent review in March, 2015 and thereafter every 5 years.
Uniform Business Rates: £6,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Rear garden - potential seating for approx. 25 persons (weather permitting)
Staff : The business is at present operated by the vendor with the assistance of 1 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
