East Sussex Town Restaurant Coffee Shop & Nightclub For Sale

Business description

Substantial premises comprising a 28 seater coffee shop with 25 chairs outside, plus separate 40-45 seater restaurant (currently Italian) with 20 chairs outside and separate basement 165 capacity nightclub or function rooms, all located in a good trading position in this sought after seaside town. Current T/O £6,000pw (£2k coffee shop/£4k restaurant), but has been as high as £9-£10,000per week. Current rent £19,000pa. Fully equipped, lots of further potential. Call for full details

Property information

Property:

Leasehold

Lease terms:

Secure renewable lease with 9 years remaining of existing term, rent £19,00pa. Next rent review due December 08.

Leasehold rent:

£19,000 per annum

Location:

The business is situated in a very prominent position along the main coast road in the centre of Bexhill-on-Sea in East Sussex, opposite the beach and virtually directly opposite the De La Warr Pavillion.

This charming continental style restaurant, separate thriving coffee shop and night club benefits from excellent passing trade and is within a few minutes walking distance of Bexhill town centre, supermarkets and main line train station with its connections to Eastbourne, Hastings, Ashford & London, etc.

The business is very well known locally and has strong all year round trade, which is further complemented by visiting tourists and holidaymakers, and Bexhill itself is considered a desirable location in which to live and work with a growing resident population and continued new residential development, both in Bexhill and the surrounding areas.

Premises details:

Comprise of a very large corner unit lock-up (totalling 3 units) with separate entrances for the restaurant, coffee shop and night club, all of which have large eye catching illuminated fascia name boards.

The premises which are large are briefly arranged as follows;

The Coffee Shop – Set on the front & corner of the building with windows on two sides, these attractive premises seat 28 customers inside with a further 7 tables & 25 chairs outside.
The Nightclub/Function Rooms – Has a central entrance door to Reception Area to nightclub with further door leading through to the Preparation Room and Coffee Shop. The nightclub covers the basement area of all 3 shop units and has its own entrance past the Reception Area from the street with stairs down to the club itself, plus an entrance from the restaurant..
The Restaurant - The restaurant is fully licensed with a bar/cafe licence. There are currently 40 covers inside on comfortable quality leather seats, with a further 5 tables & 20 chairs outside during the better weather. Well fitted & decorated the restaurant is illuminated by recessed lighting with wood effect flooring.

Other information

Expansion potential:

Night club could be re-opened or used as a function room for private parties and receptions.

Trading hours:

Coffee shop: 9.30am to 6pm daily; Restaurant: 12 to 3pm, 6pm to 11pm daily.