Fast Food Restaurants for sale in East Sussex

View the "Mediterrean Restaurant in East Sussex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £595,000 Leasehold Price: £120,000 Price Reduced Weekly Turnover: £9,500
Request Details
Business Description
• ACCOMMODATION INCLUDED

We understand the Restaurant has a Full On Licence

This old established Restaurant has been in the same hands for the past 11 years and is trading as Mediterrean cuisine, which could obviously be continued and in view of the excellent main road trading position, in our opinion there is potential for other types of cuisine, if desired.

Listed Building

ATTRACTIVE PREMISES. Full gas fired central heating. Ground floor Restaurant with oak strip floor, ceiling and wall lighting, 2 air conditioning units. Tables and chairs providing seating for 48 persons. Dispense bar.

Kitchen with quarry tiled floor. The equipment includes 6-burner gas cooker, 4-burner gas cooker, grill, 2 deep fryers, 2-door stainless steel counter fridge, 1 3-door stainless steel counter fridge, small walk-in coldroom, 1 upright deep freeze, 2 chest deep freezes, double sink and drainer, 1 single sink for preparation, 1 marble table, 2 stainless steel tables, dishwasher etc.

Dry Goods Storeroom

Small basement with wine cellar

From the ground floor there are stairs to first floor providing additional RESTAURANT AREA with Amtico floor. Tables and chairs providing seating for 10 persons (can be increased to accommodate 16 persons for small parties).

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

Turnover : £9,500/£10,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advied that the minimum winter turnover is in the region of £6,000 p.w. increasing to a maximum in the summer months to in the region of £14,000 p.w. Gross profit 60/65% approx. We are further advised that the sales year ending 30th June, 2015 showed in the region of £380,000

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £595,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Month of January, Friday, Saturday & Sunday - 12 noon - 11 p.m.

From February - December each year the business opens Wednesday, Thursday, Friday Saturday & Sunday from 12 noon - 11 p.m.
CLOSED MONDAY & TUESDAY


Number of Employees:

At present operated by the vendor's wife with the assistance of 8 full time staff.

Tenure: Freehold, Leasehold

Number of bedrooms: 3

Accommodation Details:

There is a STUDIO FLAT comprising:
Double bedroom
Office
Shower room with shower, w.c. and wash hand basin

The MAIN accommodation situated on the second floor, comprises:

2 Double Bedrooms (1 with en suite shower room with shower, w.c. & wash hand basin)
Family bathroom with bath, w.c. & wash hand basin
Large living room with open fireplace
Kitchen with fitted unitsPatio area

Location Details: Excellent trading position EAST SUSSEX TOWN.

Listed by: Nationwide Businesses Ltd
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R6342
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