Bar, Restaurant, Cafe for Sale in Littlehampton West Sussex with Waterfront Views
Littlehampton, West Sussex
- Status
FOR SALE
- Advert ID
630441
- Leasehold: £29,995
- Rent: £20,000 (£1,667 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Open Plan Trading Area
- Offers Invited
- Prime Location
- Ideal for Full Refurbishment
Business Details
Bar, Restaurant, Cafe Waterside location
* PRICE REDUCED FOR QUICK SALE *
A unique opportunity to purchase a bar, restaurant or cafe operation, situated in a prime waterfront location in Littlehampton, West Sussex.
Offering stunning views of the yacht club and river Arun just minutes away from the sea front and Harbour Park.
The property features a spacious outdoor seating area of 50-60 covers and internally the capacity is 80-90 covers with bifold doors for further inside/outside dining and drinking space. An extremely popular location for walkers, cyclists, dog walking, boating enthusiasts and families for fishing as well as capturing the local trade from residential properties overlooking the River Arun.
The location benefits from its proximity to key attractions and amenities that draw in customers. It is within walking distance of Harbour Park, Littlehampton Yacht Club, the sandy beachfront, and the Littlehampton town centre, which offers various shops and amenities. Additionally, the train station is nearby, enhancing the accessibility for both locals and tourists.
This property presents a picturesque and unique opportunity, overlooking the Littlehampton Yacht Club and positioned along the Harbour public footpath, which connects the beachfront to the town centre. The leasehold is available for purchase due to a family health issue. The property requires investment and provides a perfect blank canvas for re-launching a new business, brand or concept and for someone to put their own stamp on the venue as a bar, kitchen, café, or restaurant. Formerly known as The Empress, the previous dates and dilapidated decor and f&f has been stripped to provide a rustic and organic trade space of natural materials.
Notably, it currently has no transferable employees.
The annual rent is set at a low market value of £20,000 pa and the asking price for the leasehold comes with a premises license and lease details upon request.
This venture offers a fantastic chance to create a vibrant and appealing hospitality venue in an exceptional location with an abundance of opportunity that rarely becomes available.
Please be mindful of the sensitive nature of the sale as the family look to move the lease on.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
Stay Safe
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.
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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.
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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.'.
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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.
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