Restaurants for sale in St Leonards-On-Sea

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £49,999 Price Reduced
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Business Description
The business is located in one of the South Coast’s landmark Grade II listed buildings directly opposite the beach in this popular seaside town. It is supported locally by a number of independent shops, restaurants, bars and galleries.

The business was established in 2009 and currently operates as an Armenian restaurant and bar with an adjoining delicatessen selling specialist Eastern European goods - although it would be suitable for any other style of cuisine.

There is a relaxing ambiance and the business has established an excellent reputation (with many ‘excellent’ ratings on review websites) and a loyal customer base.

The licence allows for drinks to be served without food and there is an off-licence covering the deli / shop.

We are informed that annual takings for the restaurant are in the region of £120,000 with a steady trade throughout the year and a peak in the summer months.

Sales in the shop average at around £1,500.
Tenure: Leasehold

Listed by: Transagents
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