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Beautiful Italian Restaurant/ Bar In West Sussex For Sale

West Sussex, UK
Asking Price:
£46,000
Turnover:
Available on request
Net Profit:
Available on request

Beautiful Italian restaurant, recently refurbished. The restaurant benefits of 58 covers divided in 4 storey. fully fitted kitchen with preparation area ,cold storage & washing area in the basement and licensed bar area, restaurant , toilets, disable toilet and fire exit on ground floor. First floor has 2 bedroom flat and second floor has a beauty salon. Rental income from above properties is £22,000 P A. The turnover is £2,000 per week this is due to less opening hours, They open at 4 pm and close at 11 pm , Monday and Tuesday restaurant is closed.
Rent payable of £67,000 per year.
The reason to sell the business is ill health and personal other commitment. This is an ideal opportunity for fully committed owner.

The street have chains of restaurant of different Cuisines. This gives choices to customers to come to the street to choose between all the fancy eatery. This makes an ideal street for having a restaurant.

There is a huge potential to grow third party delivery as they do not have any delivery service. Increasing the opening hours will generate more revenue.

Open to offers viewing highly recommended.

Business Operation

Reasons for selling:

retirement