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Wonderfully Presented Restaurant In Bognor Regis For Sale

Bognor Regis, West Sussex, UK
Asking Price:
£65,000
Turnover:
Available on request
Net Profit:
Available on request

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business.

Located in the very popular seaside town of Bognor Regis this business has been a restaurant / diner we think since the early 1900’s, being located only around 150 yards form the sea.

The business is currently set up to accommodate 40 covers inside with a further 10 covers available on the veranda. It is fully licensed to sell alcohol (subject to transfer to a new owner)

Our client serves traditional home-made British food which is very popular with the locals as well as visitors from far and wide. This small but very well presented restaurant is a must stop for anyone visiting Bognor, and although it has only been open a few years by the current owners it has fast become an important part of the community.

Currently the business is operating on reduced hours so the potential to grow is quite literally huge.

We strongly urge any seriously interested buyer to view this business at the very earliest opportunity.

Key features:
- Newly refurbished restaurant
- Ideally located
- Realistic asking price
- Opportunity to grow
- A3 trading license
- License to serve alcohol

Property Information

Property:

Leasehold

Lease Terms:

Leasehold – we understand that a fully renewable 9-year lease, which commenced in 2019, is in place for any purchaser at a rental of £12,000, per annum.

Other Information

Support & training:

Our clients have assured us that they will affect an excellent handover on completion.

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