Freehold Restaurant in East Sussex Coastal Town

Business Description

LOCATION
Occupying a prominent position on a major road in the centre of the desirable East Sussex town of Seaford, these immaculately presented premises enjoy excellent visibility and footfall. The surrounding area is a well-established, affluent residential community, providing a reliable and consistent year-round customer base.

BUSINESS
This well-regarded and long-established business has been successfully operated by the current owners for the past 22 years. The business presents considerable scope for further growth, with opportunities to extend opening hours (particularly at lunchtimes) and to enhance marketing activities, especially through the use of social media and digital promotion.
Key Selling Points
Prime trading position in the heart of a sought-after East Sussex town
Attractive, well-maintained premises with excellent presentation
Established for 22 years with a loyal and regular customer base
Consistent year-round trade from an affluent local community
Significant potential to expand opening hours and boost turnover
Further growth opportunities via marketing and social media promotion

TURNOVER
£250,000 P.A @ 60% G.P. (on low trading hours)

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

HOURS
From 7.00pm - 10.30pm Tuesday to Sat (12am Licenced)
Closed - Sunday and Monday

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 with Bar Area
Lower ground floor: Ladies and Gents W.C’s. Further Restaurant Area: with 10 covers.
Laundry/Washing Area with washing machine and tumble dryer. Store Area/Cellar.
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 £1,250 PCM.

TENURE
Freehold
The business is also available on a new lease Terms neg) with a rent of £16,000 pa - Not to include the flat. Price £115,000.

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: <br>Restaurant Area: Tastefully decorated and furnished to accommodate some 32 covers with Bar Area<br>Lower ground floor: Ladies and Gents W.C’s. Further Restaurant Area: with 10 covers. <br>Laundry/Washing Area with washing machine and tumble dryer. Store Area/Cellar.<br>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. <br>Wash up area: with deep st/stl sink and commercial dishwasher.<br>Outside - Courtyard: Garden: Store shed<br><br>

Business Operation

Trading hours:

From 7.00pm - 10.30pm Tuesday to Sat (12am Licenced) Closed - Sunday and Monday

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed