- Listing ID: 338485
- (Seller ref: 5613C)
Daytime Cafe In West Sussex With Price Reduction For Sale
Price Reduced
- Location:
-
- UK
- > England
- > South East
- > West Sussex
- > Lancing
- > Lancing
- Category:
-
- Food
- > Cafes
- > Cafes & Diners
- Type:
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Summary
- Asking price:
- £25,000 (Furniture / Fixtures included)
- Turnover:
- £52,000
- Net profit:
- < £100k
- Years established:
- 6 years
- Employees:
- Vendor & wife with 1 p/t staff
Business description
PRICE REDUCTION due to ill health - Thriving Daytime Cafe, Modern Precinct, West Sussex. D/F unit seating 24 plus alfresco. T/O £1,000 pw. Secure lease. £25,000 SAV
Property information
- Property:
- Leasehold
- Lease terms:
- 15 years full repairing & insuring lease from February 2002, current rent £11000 pax with 4 yearly rent reviews.
- Leasehold rent:
- £11,000 per annum
- Location:
- Modern Precinct just off the main High Street and surrounded by a number of well known multiple concerns. The parade is close to the mainline railway and approximately one mile from the seafront and a quarter of a mile or so from the glorious Sussex Downs. This business has proved to be well supported by the local community.
- Premises details:
- Double fronted restaurant well fitted to the trade. The restaurant seats approx 24 persons but has the benefit of alfresco seating to the outside.
Other information
- Expansion potential:
- Scope to extend trading hours
- Support & training:
- If required after exchange of contracts
- Reasons for selling:
- Other business interests
- Trading hours:
- 9am to 3pm Monday to Friday. Saturday 9am to 2pm. Closed Sunday
- Financing available:
- Subject to status
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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need to search again?
- UK
- > England
- > South East
- > West Sussex
- > Lancing
- > Lancing
- Food
- > Cafes
- > Cafes & Diners
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