WELL ESTABLISHED INDIAN RESTAURANT/TAKEAWAY + 3 BED HOME - Near Brighton, E
Price:
Freehold - £375,000
Leasehold - £69,950
Business Type:
Food Service Businesses
Detached restaurant offering 50 covers with self-contained home on 2 upper floors above. Current T/O £3,500pw with high GP from only opening from 5 to 11pm, so lots scope for lunches, if desired. £800 rent from home, let as bedsits, but can be vacant if preferred. Offered with new lease with rent of £25,000pa or Freehold. Established 7 years with good reputation for Indian/Nepalese cuisine. Restaurant provides 40% trade with takeaway and delivery remainder. Could change cuisine, if desired. Call for full detailed particulars.
This well established restaurant and takeaway business is located on the main A259 South Coast Road in a well-populated residential settlement on the East Sussex coast between Brighton and Eastbourne. The neighbouring towns of Newhaven, Seaford and Rottingdean combine to provide a local catchment area with a population of approximately 50,000 inhabitants, and the area draws visitors all year round thanks to its fine coastal and Downland scenery.
The restaurant benefits from a high level of regular local custom as well as passing trade along this busy road, with the nearest competitors being over a mile away in each direction. There is one hour free parking in front of the building which becomes unrestricted after 6 pm, with ample further parking spaces in the immediate vicinity. There are also regular bus services to Brighton and Newhaven stopping close to the premises.
3-bedroom accommodation with separate access.
The accommodation is situated on the upper two floors affording fine views over the sea and is reached by an external stairway to the side of the premises. The first floor has been separated into 3 bedsitting rooms with a shared bathroom let out to individual tenants, while the second floor is one large room currently occupied by restaurant staff. However, this arrangement could easily be changed to provide comfortable family living accommodation, if desired.
North Yorkshire
£ 750,000
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