Freehold Restaurant in East Sussex Coastal Town

Business Description

LOCATION
LOCATION
These superbly presented premises occupy a prominent trading position fronting a major road in the centre of this charming East Sussex Town. The business serves a well populated, affluent residential area which provides regular all year round trade.

BUSINESS
This is a well established concern which has been in the present hands for 18 years and which is now only being marketed as a result of current owners requiring a change. Tremendous potential exists for the introduction of longer opening hours (especially lunchtimes) plus more marketing and social media promotion.

TURNOVER
£250,000 P.A @ 60% G.P.

STAFF
Husband and Wife plus 9 part time staff WAGES - £36,000 P.A.

HOURS
7.00pm to 9.00pm - Tues to Sat (12am Licenced) Closed - Sun and Mon

PREMISES
Imposing mid parade premises with attractive frontage and single entrance via porch to: Restaurant Area: Tastefully decorated and furnished to accommodate some 32 covers. Bar Area: Lower ground floor: Ladies and Gents: W.C ‘s. Further Restaurant Area: with 10 covers. Store Area: Access at ground floor level to: Kitchen: 6 burner range and oven, grill, full extractor canopy, fryer, microwave oven, 3 freezers, 3 fridges, st/stl sink, st/stl prep surfaces, walk in cold room. Wash up area: with deep st/stl sink and commercial dishwasher.
OUTSIDE – Courtyard: Garden: Store shed:
LIVING ACCOMMODATION
Self Contained maisonette approached from separate rear entrance and comprising: Kitchen/Diner: fully fitted. Large Lounge: Bathroom and Sep W.C. 2 Double bedrooms. Shower Room. NOTE: The Maisonette has been recently refurbished to a high standard and benefits from Gas fired central heating and new replacement double glazing. The flat is currently let on an AST producing £1,225 PCM.

TENURE
Freehold

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

Property Information

Property:

Freehold

Premises details:

Imposing mid parade premises with attractive frontage and single entrance via porch to: Restaurant Area: Tastefully decorated and furnished to accommodate some 32 covers. Bar Area: Lower ground floor: Ladies and Gents: W.C ‘s. Further Restaurant Area: with 10 covers. Store Area: Access at ground floor level to: Kitchen: 6 burner range and oven, grill, full extractor canopy, fryer, microwave oven, 3 freezers, 3 fridges, st/stl sink, st/stl prep surfaces, walk in cold room. Wash up area: with deep st/stl sink and commercial dishwasher.<br>OUTSIDE – Courtyard: Garden: Store shed: <br>

Business Operation

Trading hours:

7.00pm to 9.00pm - Tues to Sat (12am Licenced) Closed - Sun and Mon

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed