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Licensed Market/deli/tapas A3 Venue, Growing South Downs Village For Sale

Hassocks, West Sussex, UK
Asking Price:
£89,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£250,000
Net Profit:
Under £50K

A lovely Market/Delicatessen and Tapas venue. The business is licensed for on and off sale, is rates exempted, has A3 usage, a well established clientele, and an impeccable reputation. This business is centrally located on the sunny side of the high street with attractive all glass frontage. There is seating for 24 customers, with further room for 12 more on the outdoor benches (on private property, so not subject to fees). This space benefits from a efficient layout, and is decorated to a high standard. Currently turning over 4.5 to 5k per week. There is further room for growth with catering, expansion of offerings (ie: breakfast), extending evening hours, and Sunday offerings. The village itself is located at the foot of the South Downs National Park, and is serviced by a rail station with direct links to Brighton and London. The village has several expansion projects currently underway, and is growing at a rapid pace, with new homes being completed regularly, with thousands of new residents moving in. Business spaces in the village very rarely come available, and even rarer for locations that are suitable for food related businesses. Current lease expires in Dec. 2025, however, owners are happy to assign new lease to qualified buyers. Lease is £1,041 per month. There is front and rear access to the building. Parking for one vehicle is included. This is a turn key opportunity, to step into a well run business with further room for growth, however, it is also our opinion that this location in this growing village could also benefit anyone wanting to evolve toward a wood fired pizzaria./ Italian eatery etc in the future...

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

Lease until Dec. 2025, but with the option to sign a new lease with the landlord at the time of purchase.

Leasehold Rent:

£12,500 per annum

Location:

Excellent high street location on the sunny side of the street. Plenty of parking. The village is on the main train line from Brighton to London. Amazing access to the South Downs National Park and the South Downs Trail...Good footfall area of the village. Easy access

Premises Details:

Front service area, open kitchen with coffee bar are food preparation area, rear food prep and storage area. Separate loo access. Walk in refrigerator. Exterior seating on privately owned part of pavement (no fees). Exits at the front and back. Very clean. Good glass frontage to the the street. Efficient layout. On site parking included for owner/manager.

Size in square feet:
100 square meters
Planning Consent:

Licensed premises. A3 usage. Rates exempt. Outside seating is privately owned, therefore not subject to many fees or regulations on time etc.

Business Operation

Expansion Potential:

Potential to extensively grow business through catering, extending days and evenings of service, special events, and by offering a simple but attractive breakfast...

Competition / Market:

Other eateries in the village, but none offering the same experience or menu. With the A3 designation and being a licensed premises (on and off sale) this business is uniquely positioned to flex and grow in multiple directions.

Reasons for selling:

I am a native Californian. My mother (84 years old) still lives in Ca., and may, in the near future need our support, which could require us to relocate back to the USA. Unfortunately we recently discovered that bringing her to the UK to live with us is no longer allowed. Rather than risk the chance of finding ourselves in an emergency move situation, and having to sell under duress, we felt it was prudent to begin to liquidate any UK assets that we are tied to, in the event our relocation becomes necessary.

Trading hours:

Monday to Saturday 8am to 4pm. Tapas on Friday and Saturday eves from 6, last reservations at 8:45.

Employees:
Owner and approximately 6 part time employees.
Years established:
5

Other Information

Support & training:

Support and training is possible by arrangement.

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£6,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.