Cafe Restaurant & Flat On West Sussex Coast For Sale

Business description

Very attractive and well fitted double fronted premises in busy parade in sought-after area with free roadside parking with spacious self contained flat on 2 floors above. 40+ covers, day cafe, evening restaurant. Mid East cuisine. T/O £3-£4,000pw & £950pm from flat rental, open M-F 7.30am-10.30pm, Sat 9am-10.30pm. Long renewable lease, rent £15,000pa. Could easily expand with alcohol licence. Sale for health and family reasons.

Property information

Property:

Leasehold

Lease terms:

The property is held on a renewable lease with 7 years remaining

Leasehold rent:

£14,500 per annum

Living accommodation:

A door to the rear leads to a parking area for 4 vehicles and separate access to the living accommodation. Living Accommodation: First Floor: Kitchen with fitted base units, wall cupboards, cooker, plumbing for washing machine Double Bedroom WC Second Floor: 3 further Bedrooms Family Bathroom with shower over bath All windows are UPVC double glazed. Heating by night storage heaters. We are advised that the premises are currently let by the room but can be made available with vacant possession if required

Location:

This exceptional middle eastern style café-restaurant is situated in a prominent trading position in a busy suburban shopping parade adjacent to the railway station in a coastal town in West Sussex. The neighbouring shops, which are a popular destination with locals, include Lloyds Pharmacy, Co-op foodstore, off licence, hair salon, Martins newsagent, butcher's shop, public house and various catering establishments. There is free 1 hour roadside parking immediately in front of the shop and in the surrounding streets.

The surrounding area is largely residential with a good mix of housing stock, but there are also a number of major employers such as the Inland Revenue and Lloyds TSB employing large numbers of clerical staff nearby.

The town is adjacent to Worthing, one of the largest towns on the Sussex coast with a thriving tourist trade and the centre for many businesses in West Sussex, both large and small, based in and around the immediate locality.

The area derives much of its economic success due to its excellent transport links with London and the coastal cities of Brighton and Portsmouth by road and rail. International links are also readily accessible via Gatwick airport, the South Coast ferry ports and Eurotunnel.

Premises details:

The business occupies a double-fronted premises with large display windows and a central recessed entrance door. Above there is a retractable full width sign-written sun awning and fascia board under a canopy running the length of the parade. It also has the benefit of a 3-4 bedroom flat arranged over the two upper storeys, with an entrance door to the side of the restaurant providing independent access.

The impressive restaurant interior has an area of approximately 700 sq.ft. providing comfortable seating for in excess of 40 covers, and has been furnished to the highest standard by the owner in a relaxed café style decor. The high ceiling allows plenty of natural light to fill the room from the south-facing windows, and features climate control air conditioning and two suspended fans as well as pendant lighting. The floor is laid to natural timber boards and all counters and fittings are also of hardwood construction.

Business Operation

Expansion potential:

could introduce an alcohol licence

Reasons for selling:

sale for health and family reasons

Trading hours:

Opening hours are:
Monday-Friday 7.30am - 10.30pm
Saturday 9.00am - 10.30pm

Employees:

The business is run by the owner as head chef with the assistance of 3 full time and 3 part time staff.