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ATTRACTIVE & SPACIOUS LICENSED RESTAURANT & WINE BAR

Price:
Leasehold - £120,000
Turnover:
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Seller Ref:
R3172
Location:

West Sussex

Business Type:

Food Service Businesses, Pubs

See Other:
Fast food restaurants for sale in West Sussex
Other takeaways for sale in West Sussex
Restaurants for sale in West Sussex
Wine bars for sale in West Sussex
Food service businesses for sale in West Sussex
Pubs for sale in West Sussex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have a Full On Licence

SPACIOUS RESTAURANT with woodstrip floor plus rear section with quarry tiled floor. Wall & ceiling lighting. Tables and chairs providing seating for approximately 104 persons.

ADJOINING LARGE BAR AREA with quarry tiled floor. Tables and chairs for 30 persons plus ample standing area. LARGE BAR with 6 hand pumps, double door counter fridge, 2 single door counter fridges, 2 computerised tills, glasswasher.

Ladies' cloakroom with 2 w.c's and wash hand basin
Gentlemen's cloakroom with w.c. 2 urinals, wash hand basin

LARGE COMMERCIAL KITCHEN fully equipped including stainless steel extractor unit, 6-burner gas cooker, solid top oven, double deep fryer, charcoal grill, 1 double door stainless steel counter fridge, 1 3-door stainless steel counter fridge, 1 stainless steel single door counter fridge, 1 single door stainless steel deep freeze, double sink and drainer, dishwasher etc.

First floor storeroom with 5 fridges plus 1 chest deep freeze

WE ARE INFORMED the turnover averages in the region of £9,000 p.w. in our opinion offering further potential to increase in the right hands.

The premises are held on 2 separate leases. The restaurant area with accommodation over is held on a lease for a period of 9 years from September, 2009 at a current rental of £25,143 p.a. exclusive of rates up to September, 2012, with rent to be agreed thereafter.

The Bar area we understand is held on a separate lease also having 9 years unexpired from September, 2009 at a current rental of £15,700 p.a. exclusive of rates up to September, 2012, with rent to be agreed thereafter.

Uniform Business Rates: £11,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE TWO LEASES, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, WEST SUSSEX
Trading Hours:
Monday - Saturday inclusive - 12 noon - 2 p.m. & 4.45 p.m. - 10.30 p.m.
NO SUNDAY TRADING
It w
Accommodation:
Situated on the first floor -

Large Office
Private kitchen (would need fitting)
Room ideal for a bathroom

Second floor, which does require some redecoration comprises:

2 Double Bedrooms plus 1 single bedroom

Rear patio area with sunblind. Tables and chairs providing seating for 10/12 persons.
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