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Detached restaurant with 2-bed accommodation for sale in East Sussex

Undisclosed, East Sussex
SUBSTANTIAL DETACHED RESTAURANT WITH 2-BED ACCOMMODATION – EAST SUSSEX – £225,000 Photo 1
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SUBSTANTIAL DETACHED RESTAURANT WITH 2-BED ACCOMMODATION – EAST SUSSEX – £225,000
  • Leasehold: £225,000
  • Rent: £17,000 (£1,417 per month)
  • Turnover: £156,000 (£3,000 per week)
  • Profit: On request

Key Features

  • High hygiene rating
  • A3 and A5 licence
  • Strong potential for business growth
  • Ample natural lighting

Business Details

SUBSTANTIAL DETACHED RESTAURANT WITH 2 BED ACCOMMODATION – EAST SUSSEX – £225,000

Confidential Leasehold Business Opportunity | Telscombe Cliffs | BN10 7**
Guide Price: £225,000

A rare opportunity to acquire a substantial and highly versatile detached restaurant premises in a prominent East Sussex coastal location.

The property occupies a substantial site understood to be approximately 4,000 sq ft, subject to verification, providing an unusually generous combination of restaurant accommodation, covered external seating, enclosed garden and ancillary space.

Key features include:

  • Detached restaurant premises with an established trading history
  • Approx. 70 internal covers
  • 30 outdoor covers
  • Attractive covered patio and enclosed rear garden
  • Spacious restaurant and customer areas
  • Fully fitted commercial kitchen
  • 3-phase electricity
  • Commercial extraction system with substantial canopy provision
  • Walk-in refrigeration/storage potential
  • Separate staff and customer facilities
  • Upstairs self-contained 2-bedroom accommodation
  • Flat potentially capable of generating additional rental income, subject to lease/consent verification
  • Approx. £17,000 p.a. rent
  • Lease commencing December 2020
  • Seller advises lease benefits from Landlord & Tenant Act 1954 protection
  • Existing premises licence
  • Currently trading on limited hours
  • Current sales understood to be around £3,000 per week
  • Historically achieved substantially higher levels of trade
  • Scope to reintroduce alcohol sales, extend opening hours, develop delivery/takeaway, private functions, corporate dining and other revenue streams, subject to all necessary consents
  • Further potential to utilise ancillary space for kitchen/cloud-kitchen or other complementary purposes, subject to planning and landlord approval

Why this opportunity deserves attention

This is considerably more than a conventional restaurant leasehold.

The combination of a detached building, substantial site, extensive outdoor space, accommodation and relatively low annual rent creates several possible income streams for an experienced operator or investor.

The premises were extensively refurbished by the current owner following acquisition, with significant investment made to bring the property to its current standard.

The opportunity is particularly suited to an operator who can maximise the site's existing facilities and develop the business beyond its present limited trading model.

Important: All measurements, trading figures, lease provisions, planning matters, licensing and potential uses are subject to verification and satisfactory legal/planning due diligence.

STRICTLY CONFIDENTIAL – INITIAL ENQUIRIES ONLY

Interested purchasers will be required to register their interest and provide basic purchaser/operator information before detailed information and viewing arrangements are released.

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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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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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