Prominent Coastal Road Restaurant – Newly Refurbished Peacehaven, East Sussex

An excellent opportunity to acquire an established and well-performing Greek restaurant in a

prominent coastal position in Peacehaven. Established in 2025, the business has quickly developed a

loyal local customer base and currently generates an impressive turnover of approximately

£7,000–£8,000 per week, with around 80% takeaway and delivery sales and 20% eat-in trade. The

business also operates its own delivery service, with a delivery bike included in the sale. The premises

enjoy excellent visibility from the coastal road, with readily available on-street parking, and provide

approximately 45 internal covers plus a further 30 covers to the front. The premises have been newly

refurbished and the business is operated under full management, offering a genuine turnkey

opportunity. Held on a secure lease, the property also benefits from additional side space with

potential for further outside seating, subject to planning consent. The premises are also well suited to

a variety of different food concepts, offering flexibility for an incoming purchaser looking to continue

the existing Greek restaurant or introduce an alternative cuisine and trading model. The business is

being sold only to allow the current owner to focus on other business interests, presenting an

attractive opportunity to acquire a modern, well-established operation with further scope for growth.

THE PREMISES: The restaurant occupies a prominent position on the coastal road in Peacehaven,

enjoying excellent visibility from the main road and benefiting from readily available on-streetparking. The premises provide a well-appointed and practical layout, with

approximately 45 covers internally and a further 30 covers to the front, providing an attractive outdoor seating area. The restaurant benefits from an open-plan. commercial kitchen, which is well equipped for the current style of operation and

includes two kebab grill stands, contact grills, a chilled salad server and double fryer. Adjacent to the main cooking area is a dedicated drinks preparation station with

an upright chilled drinks fridge. To the rear of the premises is a separate washing-up area, equipped with a double sink and dishwasher, together with a further preparation area providing additional refrigeration and useful workspace. There is also one customer toilet to the rear of the premises. The rear preparation area provides access to the office, where the CCTV monitoring system is located.

Further to the rear is access to a dry store and walk-in freezer, providing excellent storage facilities for the ongoing operation. A particularly attractive

feature is the substantial additional area to the side of the premises, which is included within the lease. The current owner had intended to utilise this space to create further outside seating, subject to obtaining the necessary planning consents. This offers a purchaser clear potential to enhance the existing customer seating capacity and further develop the business.

TURNOVER: The business is currently owner management, supported by an established and experienced team comprising two full-time kitchen staff and

two part-time kitchen staff. Trading six days a week, the restaurant opens from 5pm to 9pm Monday to Thursday, 12pm to 10pm on Fridays and Saturdays, and 12pm to 8pm on Sundays. The business generates an impressive weekly turnover of approximately £7,000 to £8,000, with an established revenue profile comprising approximately 80% takeaway sales and 20% eat-in trade. The takeaway operation is furtherstrengthened by the business carrying out its own local deliveries, providing greater control over the customer experience and delivery service. The sale will also include a moped, ensuring

the incoming purchaser can continue the established delivery operation from day

one. This strong takeaway element is complemented by an attractive dine-in offering,

with approximately 45 covers internally and a further 30 covers to the front. The

combination of solid turnover, an established management structure, newly refurbished premises, strong takeaway trade and an in-house delivery operation presents an excellent opportunity for an incoming purchaser.

ALCOHOL LICENCE -– 11859

The sale of retail alcohol between the hours of 12pm – 11pm, Monday – Sunday.

GENERAL REMARKS: An exceptional opportunity to acquire an established restaurant business in a highly prominent coastal position in Peacehaven. Occupying a prime location on the coastal road, the premises enjoy excellent visibility and strong passing trade. Currently operating as a successful Greek restaurant, the business benefits from a loyal customer base, solid turnover and a particularly strong takeaway trade, whilst also offering an attractive dine-in experience with approximately 45 covers internally and a further 30 covers to the front. The premises have been newly refurbished to a high standard and are held on a secure lease. The business is currently run under management, making this an appealing turnkey investment for both experienced operators and investors alike, with further potential to develop and grow the existing operation.

TENURE: The premises is held on a full repairing and insuring lease at a current rental of £21,000 per annum. The lease has approximately 14 years unexpired and rent reviews take place every 5 years.

RATES: We have been verbally informed that the rateable value is £16,750 per annum and the rates payable amount to £18,000 per annum. Prospective occupiers should make their own enquiries tonverify same.

PRICE: We are instructed to quote for the goodwill, valuable lease, premises licence, equipment, trade fixtures, fittings and chattels Price £95,000 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: The premises has been rated a band D. The full report is

available upon request.

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: 6962C

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) ii) iii) iv) v) View businesses registered with Watkins Commercial by appointment only.

Not contact any owner, staff, suppliers, competitors or customers of any business

registered with Watkins Commercial

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

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

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