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Fully Licensed Restaurant Village In East Sussex For Sale

East Sussex
Asking Price:
£149,950
Sales Revenue:
£520,000
Cash Flow:
Available on request

This business occupies a fantastic location in a village in East Sussex. This extremely successful business has been in the current vendors hands for 18 months and is now on the market for sale due to the vendor wishing to explore other business projects. At the present time the restaurant is currently serving modern Indian cuisine, however the facilities and location would be ideal for any food offering. During the present owners stewardship excellent goodwill has been created and the restaurant has been highly rated on Trip Advisor, Facebook and Google Reviews.

Property information

Property:

Leasehold

Lease Terms:

The entire premises are held on a full repairing and insuring lease, which has a rental passing of £35,000 per annum. There are approximately 12 years remaining on the existing lease, with 3 yearly rent reviews.

Living Accommodation:

Self contained 2 bedroom flat which can be accessed via the side of the restaurant and is currently being let on an AST at £800 per month. There is an additional 5/6 bedroom self-contained flat, which is currently being used as staff accommodation.

Location:

Village East Sussex

Premises Details:

The restaurant has been decorated and equipped to a high standard throughout the premises. The restaurant provides covers for some 70 persons in the main dining room and is equipped with comfortable tables and chairs. In addition to the main dining area there is a large bar area with seating for an additional 22 persons, which is an ideal space for pre-dinner drinks or somewhere for customers to wait when collecting takeaways.

Business Operation

Reasons for selling:

Other interests

Trading hours:

. Current hours of opening Monday – Saturday 5:30-11PM, Sunday 12pm-3pm.

Employees:
vendor with the assistance of 3 full time kitchen staff and 3 full time front of house staff, and 3 part time staff.
Years established:
18 months

Other Information

Support & training:

Yes

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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