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Large Restaurant & Late Bar in Worthing Centre, West Sussex for Sale

Worthing, West Sussex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/08/22

  • Advert ID

    498605

  • Leasehold: £240,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Established Business
  • Fully Fitted
  • Unique Business
  • Town Centre location
  • Attractive Business
  • Potential for Alternative Use
  • High Turnover
  • Accounts Available
  • Open Plan Trading Area
  • Large Business for Sale
  • Prime Location

Business Details

Restaurant and Late Bar for sale

Restaurant plus bar for sale

For sale is a large restaurant with a late license bar in the town centre. It has been established for five years and we relocated to this new property in 2020 in worthing, west Sussex. It is in a town centre location with nearby transport links. The area has healthy competition.

The sale is for the leasehold for £240,000, or your nearest offer. It includes fixtures, fittings and 180 covers. There is a huge potential for the right owners. The space also has potential for alternative uses. The sale price (available on request) includes the stock. The reason behind the sale is family commitments.

The current opening hours are eight am - nine pm on weekdays. It is open from Friday to Saturday until 1:30 am. Alcohol and a late bar opening license are available. We have a staff of nine employees. We have a social media presence on Facebook, Instagram and a website. We have also partnered with food delivery partners like JustEat and Uber Eats. We are willing to offer training opportunities to the new owners.

Get in touch for more information.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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