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Successful Bar And Restaurant For Sale

Littlehampton, West Sussex
Asking Price:
£150,000
Turnover:
£450,000
Net Profit:
£135,000

Picturesque West Sussex coastal resort town
Recently comprehensively refurbished
2 main trading areas, accommodating 100+ covers in all
Net sales around £450,000 p.a., net profit £135,000
Would suit a variety of trading concepts, weddings venue
Superb opportunity for hands on operators
Same hands for the past 36 years

Property information

Property:

Leasehold

Lease Terms:

Our client, who owns the freehold, wishes to establish a new free of tie lease over a term of years to be agreed with a commencing rent anticipated to be in the order of £50,000per annum. Further details are available via the sole selling agents.

Location:

Situated in the seaside resort of Littlehampton located approximately 19 miles west of Brighton and 10 miles east of the county town of Chichester.

Business Operation

Trading hours:

Monday to Saturday:
12.00 midday to 2.00pm & 6.00pm to 11.00pm
Sundays:
12.00 midday to 2.00pm only

Employees:
Run by our clients as a husband and wife team with the assistance of 5 full time and 5 part time members of staff.

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