- Listing ID: 842927
- (Seller ref: mhse4700L)
Thriving Leasehold Restaurant Highly Profitable With Flat Above For Sale
- Location:
-
- UK
- > England
- > South East
- > West Sussex
- > Undisclosed
- Category:
- Type:
Listed by:
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Summary
- Asking price:
- £79,999 (Furniture / Fixtures included)
- Turnover:
- £150,000
- Net profit:
- Available on request
- Years established:
- Long-established
- Employees:
- Fully Staffed
)
Business description
The Business Partnership offers for sale:
Long-established in West Sussex’s largest town, this excellent leasehold restaurant has an excellent record of trading and profits and attracts strong year-round levels of trade.
Known for its friendly ambience and popular menu the restaurant is a favourite venue for private diners, group bookings and celebration functions.
The business is well-staffed and employs a full-time chef together with additional kitchen personnel and waiting staff as required.
• 70+ cover restaurant
• Long, established trade record
• 5 ½ day opening
• Strong Profits
• Prominent corner site Premises
• Large residential area
• No close competitors
The owners manage the operation and oversee the financial aspects of the business in addition to undertaking front-of-house work.
Freehold option available .
Property information
- Property:
- Leasehold
- Lease terms:
- New lease offered. Terms to suit. Option to purchase freehold at a later date if required.
- Leasehold rent:
- £18,000pa per annum
- Living accommodation:
- First Floor Flat: Entranceway Lounge Kitchen Bedroom Bathroom Loft
- Location:
- Prominent corner site in the attractive W.Sussex coastal town of Worthing, Premises situated close to a shopping parade. Good car parking.
- Premises details:
- These spacious premises comprise:
Ground Floor: Restaurant Bar
Kitchen Store Rooms
Forecourt W/C’s
Laundry Room Driveway
First Floor Flat: Entranceway Lounge Kitchen Bedroom Bathroom Loft
The premises are well presented throughout and we are advised that the building is in good structural order.
Other information
- Reasons for selling:
- owner’s forthcoming emigration
- Trading hours:
- Tue-Sat Lunch and Dinner Sun Lunch Only Mon Closed
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- UK
- > England
- > South East
- > West Sussex
- > Undisclosed
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