Business for sale

Business description

Ref: r296

City: Bexhill on Sea, East Sussex United Kingdom

Price: £ 555,000

Property: Freehold Property included


Description
48 COVERS - WITH 4 x 1 BEDROOM HOLIDAY FLATS AND 1 BED OWNERS FLAT - 7 MONTHS TRADING Well established having been in the present hands for 19 years and now only being marketed as a result of the vendors wish to retire. TURNOVER – £38,000 P.A @ 60% GP. PREMISES – Imposing Detached premises with attractive single frontage and single entrance to: Tea Rooms: tasteful decor, 48 covers at quality furniture.

Servery: Stills boiler, coffee machine. Ladies and Gents: W.C. Facilities. Kitchen: 5 burner range and oven, extractor canopy, 2 microwave ovens, 2 toasters, st/stl prep surfaces, 2 freezers, 2 fridges. Store Room:

LETTING ACCOMMODATION: 4 separate self contained holiday flats each comprising: Lounge/Diner: Kitchenette: with st/stl sink, built in oven and hob and fitted units. Twin Bedroom: Bathroom: full suite. (One flat also has a balcony and enjoys panoramic sea views.)

LIVING ACCOMMODATION: Comprises a 1 bedroom self contained flat: With Large Lounge/Diner: Kitchenette: St/stl sink. with fitted units. Double Bedroom:

OBSERVATIONS: The flats have been recently redecorated and are fully furnished and equipped to a high standard. The premises benefit from gas fired central heating and replacement double glazing throughout. OUTSIDE: Charming Garden: to front laid to lawn with flower and shrub borders. Courtyard: and Patio: to rear. Green house: Double Garage: Fruit trees to boundary at side.

Reasons for Selling
Retirement sale after 19 years in current hands.

Location and Property
These extensive premises are prominently situated being on the seafront. The business enjoys a high level of local trade augmented by the influx of tourists during summer months. The Town Centre and Station are a 10 minute walk.