Ref: 5911C Thriving Hove Sandwich Bar Restaurant & Internet Cafe For Sale City Hove, East Sussex United Kingdom Price £ 60,000 Sales Revenue 130000 Property Leasehold Description This extremely well located business, established by the present owner some three years ago is only available now as the vendor wishes to explore other business interests. The concern occupies a prime position and offers al fresco seating on the sunny side of the road of 30 plus persons. At the time of creating this business the vendor fitted and equiped the premises to a very high standard in fact installed some 15 computer terminals - this part of the business is well supported by many students resident in the nearby colleges. Price reduction offers in exccess of £60,000 SAV. Terms of the lease/leasehold A Full repairing and insuring lease initially for a period of 10 years from March 2007 with approx 7 years unexpired at a current rental of £23,000 per annum, exclusive with 5 yearly upward rent reviews only. A rent deposit may be required by the landlords. Expansion Potential Opportunity to introduce a drinks licence, sandwich delivery rounds. It is felt that with proper re-organisation this could be a 100 seater restaurant embracing both ground and lower ground floors. Reasons for Selling The vendor wishes to explore other business interest s Location and Property Main Road in Hove Trading Hours of Business Hours of opening 8.30am to 7pm. - Monday to Friday, Saturday and Sundays 9am to 6pm. << Back to list