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Gorgeous Italian Restaurant & Bar in West Sussex for Sale - Recently Refurbished, 58 Covers, Fully Fitted

Undisclosed, West Sussex
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Beautiful Italian restaurant/ Bar for sale in West Sussex Photo 1
Beautiful Italian restaurant/ Bar for sale in West Sussex Photo 2
Beautiful Italian restaurant/ Bar for sale in West Sussex Photo 3
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Beautiful Italian restaurant/ Bar for sale in West SussexBeautiful Italian restaurant/ Bar for sale in West SussexBeautiful Italian restaurant/ Bar for sale in West SussexBeautiful Italian restaurant/ Bar for sale in West SussexBeautiful Italian restaurant/ Bar for sale in West SussexBeautiful Italian restaurant/ Bar for sale in West Sussex
  • Status

    FOR SALE

  • Date Submitted:

    09/01/23

  • Advert ID

    506109

  • Reference

    31081-911128 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £46,000
  • Turnover: N/A
  • Net Profit: On request

Business Details

Beautiful Italian restaurant Bar for sale in West Sussex


Beautiful Italian restaurant, recently refurbished. The restaurant benefits of 58 covers divided in 4 storey. fully fitted kitchen with preparation area ,cold storage & washing area in the basement and licensed bar area, restaurant , toilets, disable toilet and fire exit on ground floor. First floor has 2 bedroom flat and second floor has a beauty salon. Rental income from above properties is £22,000 P A. The turnover is £2,000 per week this is due to less opening hours, They open at 4 pm and close at 11 pm , Monday and Tuesday restaurant is closed.
Rent payable of £67,000 per year.
The reason to sell the business is ill health and personal other commitment. This is an ideal opportunity for fully committed owner.
Open to offers viewing highly recommended.
Rent payable of £60,000 per year.
The reason to sell the business is ill health and personal other commitment. This is an ideal opportunity for fully committed owner.
Open to offers viewing highly recommended.
The street have chains of restaurant of different Cuisines. This gives choices to customers to come to the street to choose between all the fancy eatery. This makes an ideal street for having a restaurant.
  
There is a huge potential to grow third party delivery as they do not have any delivery service. Increasing the opening hours will generate more revenue.

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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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