Riverside Restaurant Premises Rye East Sussex For Sale

Business description

Completely refurbished and converted premises currently running as a daytime American themed diner, fitted to a high standard and with outside patio overlooking the river. Planning to extend seating inside, good current T/O from days only, but ideal for evening trade as well, or any other cuisine. Substantial premises, rent only £15,000pa. Great opportunity, must be seen to be fully appreciated.

Property information

Location:

This newly established business is located in a prime trading position on the outskirts of the highly sought-after historic tourist town of Rye in East Sussex, situated on the main road into town and alongside the river, with the added advantage of an appealing riverside patio overlooking the river and landscape beyond, and two car parks located close-by.

The medieval Cinque Port town of Rye is characterised by its cobbled streets and buildings of historical and architectural interest. The area immediately around Rye is also noted for its outstanding beauty with its attractions of wildlife and the numerous ancient churches contained within the 50,000 acres of Romney Marsh.

Travelling to and from Rye, the A21 provides a direct route from central London (approx 67 miles distance) and adjoins the M25 at junction 5 giving access to the national motorway network. Also junction 9 of the M20 at Ashford is within approximately 20 miles providing easy access to cross channel tunnel and ferry services at Folkestone as well as the M25.

Train services are frequent from both Hastings and Ashford which both have mainline services to London. The town attracts large volumes of visitors throughout the year from throughout the UK and overseas, and offers an ideal combination of good trade combined with a desirable location in which to live and work.

The restaurant is also located within 2 miles of Camber Sands, Pontins Park Resort and Rye Harbour Caravan Park, all of which provide a ready clientele, and it is envisaged that the premises, including the outside area, could have the capacity for 150 people.

Premises details:

At present the business premises offers a fully equipped themed American diner and a salesroom selling American cars, although the cars and car sales side of the business is not included in the sale.

The building, which has been completely refurbished, has a long frontage with large windows and would be suitable for all types of catering establishments. The diner has been beautifully designed with booth areas and high stalls at circular tables and a large serving counter with the kitchen behind, and a considerable amount of attention to detail has been made to ensure the restaurant has an original feel to the 'theme'.

The building has a new roof, suspended ceiling, and has been completely refurbished throughout and decorated in American style at a total cost estimated to be in excess of £150,000. There is also outside seating for 25 with planning consent to install a cover above.

The remaining part of the premises, currently used for luxury American car sales, could be converted to car rental or another suitable business idea and the recently granted planning consent allows an extension to the restaurant area to provide more seating and a cocktail bar, hence facilitating longer opening hours, and it is thought that it could potentially double the size of the restaurant premises.

Planning consent:

the recently granted planning consent allows an extension to the restaurant area to provide more seating and a cocktail bar, hence facilitating longer opening hours, and it is thought that it could potentially double the size of the restaurant premises.

Business Operation

Expansion potential:

Could open evenings and make use of licence, if granted. Could offer other cuisine and takeaways.Could use car sales part of premises for other business use.

Trading hours:

Currently opening six days a week, from just 9am-5pm

Employees:

One of the owners, his wife and a part-timer run the business

Years established:

1