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Licensed restaurant opportunity with 72 covers in Shoreham-by-Sea, West Sussex

Shoreham by Sea, West Sussex
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Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 1
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 2
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 3
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 4
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 5
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex Photo 6
Prime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West SussexPrime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West SussexPrime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West SussexPrime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West SussexPrime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West SussexPrime Licensed Restaurant Opportunity (72 Covers) Shoreham-by-Sea, West Sussex
  • Leasehold: £55,000 (Stock at valuation)
  • Rent: £38,800 (£3,233 per month)
  • Turnover: £416,000 (£8,000 per week)
  • Profit: On request

Business Details

Prime Licensed Restaurant Opportunity (72 Covers) Shoreham by Sea, West Sussex

Watkins Commercial is delighted to bring to the market this fully fitted, exceptionally

presented restaurant, occupying a prime and highly visible trading position in Central

Shoreham-by-Sea, directly adjacent to the mainline railway station. Trading successfully for the past three years, the restaurant currently specialises in classic French dishes, curated small plates, and a remarkably popular Sunday lunch offering. During this time, the business has built significant goodwill, a loyal local following, and an outstanding reputation, backed by exceptional ratings across both Google and TripAdvisor. The premises are strategically positioned to capture substantial commuter footfall, regular local trade, and destination visitors travelling along the coastal corridor, with parking readily accessible via nearby street

parking and public car parks. Presented in turnkey condition throughout with no immediate capital expenditure required, the venue accommodates 72 covers in total, configured between an inviting 60-cover internal dining room and an attractive outdoor area ideal for al fresco dining. This walk-in opportunity offers an incoming operator a proven and versatile platform, ideally suited to continuing the existing culinary format or introducing a brand-new dining concept.

THE PREMISES: The premises come to the market in turnkey condition throughout, fully equipped with air conditioning and occupying a prime trading pitch directly adjacent to Shoreham’s mainline railway station. Excellent accessibility is

assured with convenient on-street parking and multiple public car parks situated

nearby. The main entrance opens into an inviting trading area anchored by a

custom-built bar utilised for drinks preparation and casual counter seating, serving an attractive main dining floor arranged for 60 covers. Set towards the rear of the unit is an open-plan commercial kitchen fitted with professional extraction and a dedicated pizza oven. There is a separate washing up area. A separate side entrance provides independent access for takeaway collections and delivery drivers, effectively preventing delivery traffic through the primary dining space.

Customer accommodation is completed by separate ladies' and gentlemen's WCs, alongside a dedicated accessible toilet. The extensive basement level delivers comprehensive back-of-house infrastructure, featuring both a walk-in cold room and a walk-in freezer that have each been fully serviced. The lower ground floor also

houses a dedicated beer cellar, substantial dry storage facilities, and administrative

office fitted with CCTV monitoring equipment.

PREMISES LICENCE: Licence number –147078. Allows for the

sale of alcohol between the hours of 9am and 11pm Sunday – Thursday

and 9am – 11:30pm on Friday and Saturday.

TURNOVER: We are advised that the business currently achieves an average

gross turnover of approximately £8,000 per week, trading seven days a week

from 12:00 pm to 10:00 pm. The kitchen is run by the vendor as Head Chef, supported by one full-time chef and a kitchen porter. The front of house is staffed by one full-time and three part-time team members. Immediate scope exists to increase turnover by introducing a morning breakfast and brunch service to capitalise on station footfall, as well as launching a dedicated takeaway

and delivery offering.

TENURE: The entire premises are held on a 10-year Full Repairing and Insuring (FRI) lease, which has approximately 7 years unexpired. The current passing rental is £38,800 per annum, with the next rent review falling due in Year 5 of the term.

RATES: We have been verbally informed that the current rates payable are £1,000 per month and the premises has a rateable value of £33,000 per annum. Prospective occupiers should make their own enquiries to verify the same.

GENERAL REMARKS: Occupying an enviable trading position immediately adjacent to the railway station in Central Shoreham-by-Sea, this fully fitted restaurant comes to the market in excellent, walk-in condition. The venue accommodates 72 covers across a well-appointed indoor dining area and dedicated al fresco seating, supported by convenient nearby public parking. Benefiting from steady footfall, significant goodwill, and a loyal regular following, this turnkey opportunity offers an incoming operator a proven and versatile platform in a high-demand coastal location.

PRICE: We are instructed to quote for the lease, goodwill, premises licence, equipment, trade fixtures and fittings £55,000 SAVVIEWING: 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, Tel 01273 709090.

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

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

Ref: 6981C

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) v) 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 Co

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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.

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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