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Beautifully Presented Latin American Restaurant For Sale

Bexhill-on-Sea, East Sussex, UK
Asking Price:
£99,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This family-run business was acquired by the current proprietors nearly two years ago, and although has been an eating establishment for about 10 years, it has been refurbished and converted into a beautifully presented Latin American restaurant.

The establishment serves a range of dishes, all prepared and cooked to order, using the freshest, locally sourced ingredients. The wide-ranging menu includes Argentinian empanadas, Peruvian ceviche, the legendary Mexican fajitas, Brazilian-style chicken breast, Portuguese style potato and kale soup, cocodrilo al mango and lamb pachamanca.

The business occupies the ground floor and basement of this unit in one of the main parades of shops in Bexhill-on-Sea.

This refurbished restaurant has seating to accommodate 30 covers. At the back of the main area is the counter/bar and to the rear of this is the kitchen. There is a garden area as yet unused that would allow for a further 4-6 covers.

We understand that the lease for the premises has a further 8 years to run, with a current annual rent of £10,000. The business rates, after small business relief, are currently £nil.

This is an excellent opportunity to acquire a busy and growing restaurant, situated in the popular East Sussex coastal town of Bexhill-on-Sea, with opportunity for further growth by developing the basement and garden area as well as offering private functions and outside catering.

Offers in the region of £99,000 + stock at valuation for the Lease, Business Goodwill, Equipment, Fixtures & Fittings

Viewing - Appointments to view this business must be made through Management Inspirations Limited by contacting this office. Under no circumstances approach the vendor(s), or their staff directly. Contact Management Inspirations Limited for Full Details.

Property Information

Property:

Leasehold

Lease Terms:

We understand that the lease for the premises has a further 8 years to run.

Leasehold Rent:

£10,000 per annum

Location:

The business occupies the ground floor and basement of this unit in one of the main parades of shops in Bexhill-on-Sea.

Premises Details:

This refurbished restaurant has seating to accommodate 30 covers. At the back of the main area is the counter/bar and to the rear of this is the kitchen. There is a garden area as yet unused that would allow for a further 4-6 covers.

Energy Performance Rating:
D

Business Operation

Trading hours:

Opening hours are Tuesday to Thursday & Sunday from 12noon to 3 PM, then 6 PM until late and Friday & Saturday 6 PM until late

Employees:
The restaurant is managed by the husband and wife owners together with two full-time staff, plus casual staff as required.
Years established:
About 10 years

Contact Management Inspirations Limited

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