Italian Restaurants for sale in East Sussex

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High End Italian Restaurant

East Sussex, England

  • Leasehold Price: £259,000
Seller Reference: 91081-90067
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Business Description
 
 
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Seller Reference: 91081-90067
Request Details
Business Description
Restaurant of the year 2018 and 2019!

2019 Sales confirmed at £285,000 (from the ground floor restaurant only).

Exceptional fully licensed Italian Restaurant (up to 100 covers in total on 2 floors) recently refurbished to a very high standard. The basement also contains a newly refurbished restaurant and bar area (and separate catering facilities) with outside smoking area and separate front entrance. Turnover has substantially increased in 2020 having opened this space.

Located in a vibrant coastal town currently the subject of a multi-million pound investment in infrastructure and in attracting visitors already being the destination for over 4 million visitors each year. This excellent Italian Restaurant is located in the prime strip of quality eateries in that town. The road outside will be closed to vehicles from autumn 2020 allowing a safe and clean outside eating area to be extended. This classy area around 50 yards from the sea has already become the jewel of the town for eating out.

Established for four years the business has a loyal high spending customer base from a wide area that is growing continuously as its burgeoning reputation grows. This lovely restaurant is reluctantly offered for sale due to the reason of retirement. The owner is willing to assist for 3-6 months if it is necessary to ensure a successful handover.

Further income could be increased and developed in several ways and for instance by offering a high quality delivery service.

Please contact Mike Andrews for more information on 07912 388979 or mandrews@tworlduk.com
Tenure:
Leasehold
Support and Training:
2 weeks
Listed by:
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