FOR SALE
501119
C1121 / Rightbiz
LOCATION
Occupying a prominent position on a major road in the centre of the desirable East Sussex town of Seaford, these immaculately presented premises enjoy excellent visibility and footfall. The surrounding area is a well-established, affluent residential community, providing a reliable and consistent year-round customer base.
BUSINESS
This well-regarded and long-established business has been successfully operated by the current owners for the past 22 years. The business presents considerable scope for further growth, with opportunities to extend opening hours (particularly at lunchtimes) and to enhance marketing activities, especially through the use of social media and digital promotion.
Key Selling Points
Prime trading position in the heart of a sought-after East Sussex town
Attractive, well-maintained premises with excellent presentation
Established for 22 years with a loyal and regular customer base
Consistent year-round trade from an affluent local community
Significant potential to expand opening hours and boost turnover
Further growth opportunities via marketing and social media promotion
TURNOVER
£250,000 P.A @ 60% G.P. (on low trading hours)
STAFF
Husband and Wife plus 9 part time staff WAGES - £36,000 P.A.
HOURS
From 7.00pm - 10.30pm Tuesday to Sat (12am Licenced)
Closed - Sunday and Monday
PREMISES
Imposing mid parade premises with attractive frontage and single entrance via porch to:
Restaurant Area: Tastefully decorated and furnished to accommodate some 32 covers with Bar Area
Lower ground floor: Ladies and Gents W.C’s. Further Restaurant Area: with 10 covers.
Laundry/Washing Area with washing machine and tumble dryer. Store Area/Cellar.
Access at ground floor level to: Kitchen: 6 burner range and oven, grill, full extractor canopy, fryer, microwave oven, 3 freezers, 3 fridges, st/stl sink, st/stl prep surfaces, walk in cold room.
Wash up area: with deep st/stl sink and commercial dishwasher.
Outside - Courtyard: Garden: Store shed
LIVING ACCOMMODATION
Self Contained maisonette approached from separate rear entrance and comprising: Kitchen/Diner: fully fitted. Large Lounge: Bathroom and Sep W.C. 2 Double bedrooms. Shower Room. NOTE: The Maisonette has been recently refurbished to a high standard and benefits from Gas fired central heating and new replacement double glazing. The flat is currently let on an AST producing £1,250 PCM.
TENURE
Freehold
The business is also available on a new lease Terms neg) with a rent of £16,000 per annum. - Not to include the flat. Price £115,000.
EPC RATING
Band C
BUSINESS RATES
Nil currently payable
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'FREEHOLD LEASEHOLD LIC. RESTAURANT WITH SELF CONTAINED 2 BEDROOM MAISONETTE - C1121 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.