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Reference R3090
Situated in a parade, excellent High Street trading position, office and commercial area, WEST SUSSEX
Turnover £ 5,000
Price
£125,000
Features
Cafe Bistro Restaurant Offering Gelato Ices, Bubble Tea and Crepes
MOST ATTRACTIVE GRADE II LISTED BUILDING
5 STAR HYGIENE RATING
DOUBLE FRONTED RESTAURANT in the region of 1,050 ft² with Kardean flooring, spot lights plus hanging lights, cool display counter with refrigerated storage section, ice display cream freezer, EPOS till.
Tables and chairs providing seating for 34 People (can be expanded), CCTV system (1 camera).
Kitchen with stainless steel extractor unit, Cooker (Gas 4-burner), griddle, 2 x Deep fryer, 2 x microwave (commercial), painini machine, commercial fridge, commercial freezer, dishwasher.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Store room, 2 x deep freeze.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (no portals)
Staff
The business is at present operated by the Husband & Wife team with 3 full time & 3 part time staff.
Trading Hours
7 Day week
MONDAY - SATURDAY 8am - 5pm
SUNDAY 9am - 5pm
Tenure
The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £29,000 p.a. for the first 4 years.
Business Rates from April 2026 £7,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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