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LICENSED RESTAURANT

Price:
offers invited
Seller Ref:
R3049
Location:

West Sussex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in West Sussex
Other takeaways for sale in West Sussex
Restaurants for sale in West Sussex
Food service businesses for sale in West Sussex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present Mexican cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine if desired.

SINGLE FRONTED RESTAURANT with woodstrip floor, wall and ceiling lighting. Air conditioning/heating. Tables and chairs providing seating for 46 persons. Dispence bar with 1 hand pump, 2 single door glass fronted counter fridges.

LEVEL KITCHEN with non-slip floor. 6-burner gas cooker with double oven, double deep fryer, chest deep freeze, 1 double door stainless steel fridge, 1 additional fridge, double sink and drainer etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a current rental of £25,000 p.a. exclusive of rates, with rent revisions. (As will be appreciated with the current rental income from the accommodation over of £18,200 p.a. the net rental payable at the present time is only £6,800 p.a. exclusive of rates).

Uniform Business Rates in the region of £5,000 p.a. approx.

ALL OFFERS CONSIDERED FOR IMMEDIATE SALE FOR THE EXISTING LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION subject to contract
Location Details:
Situated in a parade, excellent main road trading position, WEST SUSSEX
Accommodation:
The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Large kitchen with fitted units

The 4 rooms are at present let as individual rooms and provide a rental income of £90 each for the 2 double bedrooms plus £85 each for the 2 single bedrooms. The rental income includes gas and electricity bills.

Yard at rear plus dilapidated outbuilding having potential for development, if desired.
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