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Catering business with accommodation for sale in Crawley, West Sussex due to retirement

Crawley, West Sussex

PHOTO COMING SOON

  • Leasehold: £149,995
  • Turnover: £90,000 (£1,731 per week)
  • Profit: £600 (1% Profit margin)

Business Details

Thriving Catering Gem with Accommodation & Huge Growth Potential!

Business
Please quote reference B09554

CoGoGo are delighted to present The Granary, a long-established and highly regarded restaurant, perfectly positioned in the bustling Pound Hill Parade, Crawley.

This is a rare opportunity to acquire a profitable, lifestyle-friendly business with the added bonus of spacious on-site accommodation and exciting growth potential.

The Granary has been successfully operated by the owner for approximately 17–18 years, building a loyal customer base and a strong local reputation. Run as a Limited Company, the business generates an annual turnover of circa £90,000.

There is clear scope to expand, particularly by introducing evening trade or diversifying services.

The owner is now seeking a sale due to retirement, presenting an excellent opportunity for a new operator to take this established venture to the next level.



Location
Situated at 5 Pound Hill Parade, Crawley (RH10 7EA), the business enjoys excellent visibility within a busy retail parade, surrounded by residential properties and benefitting from consistent local footfall. The area is well-connected, making it an ideal spot for both regular clientele and new customers.



Premises

The business occupies well-positioned leasehold premises within a parade setting. The property includes a spacious 3-bedroom accommodation above (approximately 900 sq ft), offering a fantastic live-work lifestyle opportunity.

Externally, the premises benefit from parking for up to five vehicles to the rear, along with a garage. The setup is practical and convenient, with no delivery restrictions.



Tenure
The business is offered on a leasehold basis, with rent at £26,000 per annum. The council lease is renewable every five years, with the next renewal due at the end of 2026.



Hours
Currently operated with scope for expansion. There is a significant opportunity to extend trading hours, particularly into evenings, to maximise revenue.



Staff
The business is currently run with a team of 2 staff members, reduced from 5, offering flexibility for a new owner to scale operations as desired.



Financial Profile
We are advised that the business generates a turnover of approximately £90,000 per annum.

Additionally, there is a valuable rental income stream of £1,800 per month from the residential accommodation, with an agreed increase of 3% in the coming year. Business rates are highly competitive at approximately £120 per month.



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Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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