Well Equipped And Attractive Fully Licensed Restaurant For Sale

Business description

A lavishly decorated restaurant located in the ever popular food quarter in East Sussex. Restaurant is highly rated by Toptable and nominated best restaurant award in space of 1 year of opening. A dynamic restaurant website well designed with facility to take online orders, bookings, comments, merchandise and various other unique and interesting facilities and services on offer with smart and very user friendly contents management and auto marketing facilities. Recently designed website will surely improve business image and more than double the revenue.

Property information

Property:

Leasehold

Lease terms:

20 Years renewable lease with 17 years remaining. 5 yearly rent review. Landlord may sell the freehold if requested.

Leasehold rent:

£27,900 per annum

Living accommodation:

Property provides 3 large bedrooms, 3 store room with 2 bathroom. Very spacious fitted with new kitchen units. Whole flat is well maintained which can be rented for additional income to help towards paying off part of the rent to Landlord

Location:

A very busy restaurant situated in a prominant town centre in East Sussex. Nearby operators include Pizza Ezpress, Buxted Park Hotel, Newick Park Hotel. Only 5minutes walk from mainline train station located on high street surrounded by several offices. Huge car park at rear of the restaurant can accommodate over 50 cars mainly used by restaurant customers. Customers can access restaurant from car park or from main door on high street, staff and supplies access from car park.

Premises details:

The restaurant is fully fitted less than 3 years ago with top quality material and fixtures and fittings. All furnitures are of high quality, contemporary in design and comfort with banqueting seating, spaciously laid dining area with 85 covers. There is a secluded section for VIP customers with different design and layout. A modern well equipped commercial kitchen, with full height stainless steel walls. Further to the kitchen, there is a large basement floor for storage with walking fridge less than 2 years old, very tidy and spacious and still looking newly fitted all round. Restaurant has 3 bedrooms access from separate door from restaurant can also be rented if choose to. CCTV camera system in use, office room, high grade Italian expresso coffee machine, Internet access, EPOS system, large volume of customer data for marketing.

Size in square feet:

3,700

Other information

Expansion potential:

It could accommodate up to 100 couverts easily in a different layout, with further potential to increase the seating capacity to another over 30 persons with outside seating in private passage way recently paved with several large flower tubs. Outside seating is perfect during summer which is just by the restaurant side door but off busy high street, perfect location for peace and quite. Locals worship sun and prefer to seat outside in glorious countryside sunshine and warm breeze. Private rear parking can be used for occasional marque buffet or barbeque an affluent customer may request.

Planning consent:

Full A3 and A5 licence. For any type of restaurant and take away business. Full alcohol licence including selling for take away. No further planning permission required to run this as a restaurant and or take away.

Competition / Market:

This is a unique, modern with sophisticated décor makes the place hotspot and glamorous. Continue as Indian restaurant will prosper even more if service and quality maintained at its highest even though there are few other Indian restaurants that are well outdated in décor and the menu. If choose to open as Italian, Thai or Mexian will mean no competition at all, will make this place even more hotspot and exciting place to be in and magnet customers form long distance too.

Reasons for selling:

Interests in various other business and change of business direction. On viewing can show what other business run by the owner.

Trading hours:

Open Lunch 12:00 noon to 2:30pm and Dinner 5:30pm to 11pm. Restaurant has permission to open all day from 7 am every day including Christmas.

Website:

www.pepperdining.com