Open to Offers: Established Nepalese Restaurant for Sale in West Sussex with 50Covers, Rent £10,000 per Annum & 100% Rate Relief

  • Price: Offer Invited
  • Annual Turnover: £260,000
West Sussex, England
Seller Ref:RPS-19670_WEST_SUSSEX_RESTAURANT
For Sale

Open to Offers: Established Nepalese Restaurant for Sale in West Sussex with 50Covers, Rent £10,000 per Annum & 100% Rate Relief

West Sussex, England
Seller Ref:RPS-19670_WEST_SUSSEX_RESTAURANT
  • Price: Offer Invited
  • Annual Turnover: £260,000

Overview

Seller Ref: RPS-19670_WEST_SUSSEX_RESTAURANT

Description

Established Nepalese Restaurant for Sale in West Sussex

MAIN FEATURES

Further Reduced for Quick Sale
Open to Reasonable Offers
Established Nepalese Restaurant
Rent: £10,000 per annum
No Business Rates: Eligible for 100% Rate Relief
Area: Circa 1080 Sq. ft
Retirement Sale
Currently Closed

LEASE DETAILS

Lease Ending in Oct 2034 (Inside LTA 1954)
Current Rent: £10,000 per annum
Rent Review Term: 3 years
Next Rent Review: Nov 2026
Premium: Open to Offers

PREMISES

Total Area Circa 1080 Sq. Ft
Eligible for 100% Rate Relief
Total covers circa 50
Benefits from fully fitted commercial kitchen

THE LOCATION

Popular Town in West Sussex
Seaside location
Several eateries nearby

TRADING

Trading as Nepalese & Indian Restaurant
Gross sales pre-closing: Circa £260,000/annum (£5,000/week)
FoodHub & Just Eat Delivery
Currently Closed

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Leasehold Terms:
Lease Ending in Oct 2034 (Inside LTA 1954) Current Rent: £10,000 per annum Rent Review Term: 3 years Next Rent Review: Nov 2026
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/nepalese-restaurant-for-sale-in-west-sussex/

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