EXCEPTIONAL RESTAURANT WITH LOW OVERHEADS WEST SUSSEX

Located in a sought-after coastal town near Worthing and 0.7 miles from the seafront, this well-established and highly regarded restaurant offers an exceptional opportunity for an operator seeking a turnkey business with strong local support and minimal nearby competition. Positioned in a predominantly residential area, the restaurant enjoys a steady flow of regular customers throughout the year. It benefits from close proximity to key local landmarks including a hospital and train station, further boosting visibility and footfall. Importantly, the restaurant has no independent competition in the immediate vicinity, giving it a unique foothold in the area and allowing it to dominate the local market. The restaurant has cultivated a loyal customer base and built an excellent reputation within the community, reflected in its impressive Google (4.6) and TripAdvisor (4.6) reviews**. It serves a comprehensive breakfast and lunch menu throughout the week, while also offering an evening menu on Fridays and Saturdays. In addition, the owners host popular themed dining nights during the year, which are well-attended and add to the restaurant’s appeal and revenue potential. This is a well-run and profitable business, now coming to the market solely due to the vendor’s decision to retire. It presents a fantastic opportunity for a new owner to build on its strong foundation, with potential to expand trading hours, explore delivery and takeaway options and to further develop evening trade. With its prime location, lack of direct competition, and strong community support, this is a rare chance to acquire a thriving restaurant in one of West Sussex’s most desirable coastal locations.

THE PREMISES:  This beautifully maintained restaurant occupies a prime corner position on a thriving parade of shops, situated in an affluent residential area known for its mix of families and retired professionals. With excellent visibility, dual aspect windows, and an abundance of free on-street parking nearby, the restaurant enjoys high levels of passing trade and is bright and welcoming throughout the year. The premises are presented in outstanding condition, reflecting the care and attention of the current owners. Internally, the restaurant offers seating for approximately 32 covers, with an additional 25 covers available outside, thanks to a versatile conservatory with a retractable roof and further pavement seating—perfect for maximising trade in warmer months. The restaurant layout is both attractive and functional. The bar area, located toward the rear, adds character and charm, while also providing direct access to the kitchen. The well-proportioned commercial kitchen is designed for efficiency, with clearly defined zones for preparation, cooking, and cleaning. There is also ample cold and dry storage located toward the back of the premises, along with customer toilets. To the rear of the property, there is direct access to a service road, along with four private parking bays, a valuable asset for staff or deliveries. A full inventory of quality trade fixtures and fittings—all of which are included in the sale—will be made available to any bona fide purchaser.

TENURE:  The ground floor premises are held on a 5 year lease and has 1 years remaining at a current rental of £17,000 per annum. The lease is protected, and the landlord would grant a new lease to the incoming purchasers subject to negotiation between the parties.

RATES:  We have been verbally informed that the business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is £800. The rateable value of the property is £13,000 per annum.   Prospective occupiers should make their own enquiries to verify same.

PREMISES LICENCE: The licence allows for the consumption of alcohol on the premises between the hours of 12pm-11pm Monday to Sunday.

TURNOVER: At present the vendors actively work in the business, with one being responsible for the front of house and the other the head chef. They are supported by 1 Full time Chef manager, 2 full time and 4 part time staff members split across the kitchen and front of house. We are informed that the average weekly turnover is just over £6,300 per week, which is based on a 48-week trading year. As the vendors close for all bank holidays and 3 weeks over the Christmas period. The vendors have also held several private functions, such as birthday parties and wakes throughout the year. They have also organised a number of regular pop-up events such as Quiz nights and themed nights which always sell out, which result in average weekly turnover of £10,000, therefore there is substantial scope to grow this side of the business further.  The current opening hours are 9am-3pm Monday to Saturday and 6pm-9pm on Friday and Saturday. The vendors frequently receive requests to open on midweek evenings, Sunday lunch time and to also offer takeaway/delivery options, as this was incredibly popular during the pandemic.

GENERAL REMARKS:  This represents an outstanding opportunity to acquire a fantastic restaurant, in an affluent town in West Sussex. The premises have been equipped to a very high standard and comes to the market in excellent condition. Obvious potential of this business will immediately be seen at the time of inspection. Secure lease. Opportunity to increase current trading hours and introduce takeaway and delivery service.

PRICE:   We are instructed to quote for the lease, equipment, premises licence, trade fixtures and fittings Price £120,000 SAV

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE: Our client is in the process of obtaining an EPC.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT:     All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:         6950C

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)              Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)             Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)             Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)              Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.