Thriving Restaurant On Mid Sussex High Street For Sale

Business description

Thriving Double Fronted Restaurant seating 30 persons (could be increased). T/O £2,600 pw run by family. Currently predominately Chinese cuisine but also morning coffees, afternoon teas are also sold. Car Parking for 3 vehicles. Superbly Fitted & Equipped Kitchen with 5 Star Rating for cleanliness. Self Contained 2/3 Bedroom Flat above. Secure lease.

Property information

Property:

Leasehold

Lease terms:

Current lease expires 29th September 2029 (Approx. 18 years unexpired), current rent £15,500 per annum, exclusive fixed for next 3 years with the rent to be agreed at 3 yearly intervals thereafter.

Leasehold rent:

£15,500 per annum

Living accommodation:

self Contained modern flat arranged on first floor: Moder Kitchen, Bathroom Sep. WC. 2 Double Bedrooms, Lounge, Small Dining Area/ 3rd Bedroom. Outside, Large Store Shed. WC with wash hand basin

Location:

Situated in High Street position within a few miutes walk to the mainline Brighton-Victora Railway Station, M23/A23 a few minutes drive

Premises details:

Double Fronted Restaurant seating for 30 persons, could be increased if desired if some modernisation took place. Superbly Fitted & Equipped Kitchen. Car Parking for 3 vehicles.

Planning consent:

A3/A5

Business Operation

Reasons for selling:

Retirement Sale

Trading hours:

Tuesday - Saturday 10am to 2pm & 6.30pm to 10pm. Sunday 12 noon to 2pm & 6.30pm to 10pm. Closed All Day Monday. Note: Permitted Hours: 7.30am to 22.30 hours.

Employees:

Vendor, his wife & 2 other family members

Years established:

10 years

Other information

Support & training:

If required after exchange of contracts