Opis:

Ground Floor: The premises are in good repair and decor and are laid out to accommodate approximately 50 covers all on ground floor. The premises are fully fitted and trading as an Italian style restaurant. There is a large fully fitted kitchen to the rear as well as customer toilets and storage facilities. There is space for 8 covers outside at the front of the premises. The premises benefit from a brand new double shop front with fold open doors as well as a brand new extraction system. First Floor: The first floor, which is included in the rent, is laid out as a two bedroom flat with an approximate annual income of £8,500. The net rent of the premises is therefore reduced to approximately £16,000 per annum excluding business rates.

Location

The premises are prominently located on one of the main streets in Worthing not far from the seafront a short distance from Brighton. The area sees good amounts of pedestrian foot flow at all hours of the day every day of the week. Nearby restaurants include Imperial China, Mahaan, Lemongrass, Top Nosh, Curryland and Something Thai.

Tenure

The premises are available by way of an assignment of the existing Full Repairing and Insuring lease due to expire in June 2029 subject to 5 yearly rent reviews, the next one being in approx. 2 years. The lease is granted inside the security of tenure provisions of the landlord and Tenant Act 1954 Part 2 as amended.

Additional

The premises benefit from A3 planning use and an alcohol license is in place allowing the sale of alcohol with standard restaurant conditions until 11pm, every day of the week. The premises licence also allows live and recorded music as well as entertainment.

Offers in the region of £150,000.00