£55,000

Restaurant for sale

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Just added

Guide price

£55,000

Restaurant for sale

East Grinstead, West Sussex RH19

Local area information

Property location

Nearby amenities

  • Estcots Primary School 0.4 miles
  • Sackville School 0.4 miles
  • East Grinstead 0.5 miles
  • Dormans 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for East Grinstead to find out more about the local area.

Features and description

  • Cafe business and premises lease
  • Approx 515 sq ft
  • Arranged over ground floor and lower ground floor
  • Patio cafe seating area
  • Situated on East Grinstead's historic High Street
An exceptional opportunity to acquire this prominently situated established cafe business on East Grinstead's historic High Street, including the lease on the premises.
Location

The Cafe occupies a prominent position in the historic High Street, a much visited area of East Grinstead with its period properties. There are a number of multiple and independent retailers located nearby including Cook, Greggs, Pizza Express, Lloyds Bank, together with a good selection of local businesses . Also convenient for bus services, railway station and the A22 London-Eastbourne road.
Description

An established well appointed Cafe with lower ground floor used mainly for storage.
Accomodation

Ground Floor
The Cafe is ‘L’ shaped having an overall area of about 515 sq ft (47.87 sq m).
Kitchen about 112 sq ft (10.41 sq m)
Customer Cloakroom
Lower Ground Floor
Staff Cloakroom
Store Room about 93 sq ft (8.67 sq m)
Cold Store about 141 sq ft (13.14 sq m)
Outside Patio Cafe seating area
Amenities

Good Cafe area
Kitchen
Customer cloakroom
Store room
Cold store
Lease

The Property is held on a 15 year Full Repairing and Insuring Lease with 12 years remaining.
Current rent

£19,000 per annum (£1,584 pcm) exclusive.

Price for business including the lease and all fixtures and fittings O.I.R.O £90,000
Use

We understand the current use is Class’e’ retail.
Business rates

The current rateable value is £9,900 we recommend all intending purchasers should make their own enquiries of Mid Sussex District Council telephone:
References

These will be required in respect of any intending purchaser.
Legal costs

Each Party to pay their own legal costs incurred in the transaction.
Viewing

Strictly by confirmed appointment through the Agents,
rh & rw Clutton

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Sussex
  4. East Grinstead
  5. Middle Row