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Successful Bistro and Cafe in Busy Seaside Town

Confidential Sale

West Sussex

Advert ref: 1055SPT

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business, which has only been made available for sale due to a genuine wish to retire.

Ideally located in a very popular town very close to the seafront, there has been a coffee shop at this site for many years, our clients took over the site around 4 years ago and completely refurbished the premises and created what can only be described as a Mediterranean inspired beautiful Bistro, with an eclectic mix of high quality fixtures and fittings.

Award winning, very busy and very successful are all the words you would want to hear if you are looking to venture into the world of catering, be it your first steps into this industry or if you are a seasoned professional this site really has huge potential and is a real turnkey opportunity.

The cafe bistro serves artisan, single origin coffee from the high quality La Marzocco coffee machine and the food menu is influenced by the owners Mediterranean origins; all food is freshly prepared in the professional kitchen located on-site.

They can provide corporate lunches, including take-away and do also offer a private dining experience, the premises are fully licensed. They can accommodate 24 covers inside and have space for around 16 covers outside.

The business is run by the two owners and 3 other staff, two full and one part time, due to ill health the owners unfortunately are unable to continue within the business. 

We strongly recommend that any seriously interested party make contact with us as soon as possible.

Key features:

  • Popular Busy Bistro
  • Fantastic Location
  • Award Winning
  • 5 Star Rating on Tripadvisor
  • 4.8 Star Rating on Google
  • 2021 Travellers Choice Award - Tripadvisor
  • Fully Licensed 
  • Opportunity to Grow

Property Details: Leasehold
Asking Price: £99,500 + SAV (Leasehold)
Lease Terms:

Leasehold – our clients are the freeholder of the property and therefore will look to offer a new lease with an initial rental of £15,000 per annum.

Reason For Selling:
Due to personal circumstances, it is felt that this business is not being exploited to its full potential.

Support & training:
Our client will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading.

Rates:
It is our understanding that the business falls within the small business rate relief threshold so at present none are payable.

Costs:
Each party will be responsible for their own costs associated with the transaction and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

Successful Bistro and Cafe in Busy Seaside Town  West Sussex

Financial Details

  • Leasehold: £99,500 + SAV
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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