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Spacious Licensed Thai Restaurant

Undisclosed West Sussex
Situated in a parade, main road trading position, WEST SUSSEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68258
ADVERT IMPRESSIONS : 10,989 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£49500
 

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BUSINESS DETAILS:

Features : Established by the present owners as Thai cuisine approximately 8 years ago, which could obviously be continued, and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.

Layby in front of parade (restricted to 1 hour during the day)

Large Car Park nearby (Free in the evenings)

Entrance to ground floor RESTAURANT with woodstrip floor, ceiling with inset lighting. Tables and chairs providing seating for 20 persons. LARGE BAR with shelving, optics, 3-door glass fronted counter fridge, sink.

Fully tiled disabled cloakroom with w.c. and wash hand basin

WIDE STAIRCASE TO SPACIOUS FIRST FLOOR MAIN RESTAURANT, split level, laminated strip floor, ceiling lighting. Tables and chairs providing seating for 80 persons. BAR with sink, 3-door glass fronted counter fridge, glasswasher.

Ladies' & Gentlemen's cloakrooms each with w.c. and wash hand basin

GROUND FLOOR SPACIOUS LEVEL KITCHEN fully equipped including 2 stainless steel extractors, stainless steel cladding to walls, 5-burner Chinese cooker, 6-burner gas cooker with double oven, double deep fryer, contact grill, single deep fryer, 2 microwave ovens, rice cooker, 2 stainless steel cupboards, double sink and drainer, stainless steel tables, stainless steel fridge, additional fridge, upright single door deep freeze.

Wash-up section with commercial dishwasher etc.

Location : Situated in a parade, main road trading position, WEST SUSSEX

Opening Hours : CLOSED ALL DAY SUNDAY
Monday - evenings only - 6 p.m. - 10.30 p.m.
Tuesday - Saturday inclusive - 12 noon - 3 p.m. & 6 p.m. - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further developmentin the right hands.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £28,000 p.a. plus VAT, exclusive of rates. We further understand there are rent reviews every 3 years.

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Parking space at rear for 4 cars (for owners/staff)

Staff : At present operated by a partner on a full time basis with the assistance of 2 part time waitresses plus 1 full time chef and 2 part time kitchen staff.
   
  FOR SALE
   

REFERENCE:

R2884 / RightBiz
   
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