Town Centre Restaurant with Outdoor Seating in Worthing, West Sussex

Description

A well-established and successful restaurant located in the town centre of Worthing, West Sussex. The town centre benefits from strong year-round footfall, a diverse customer base, and a developed leisure and evening economy supported by coastal tourism, ongoing regeneration, and excellent transport links.The restaurant occupies a highly prominent corner position, offering excellent visibility and consistent passing trade. A key feature is the large and popular outdoor seating area, which performs strongly during the summer months. The business has an established reputation, reflected in strong online reviews including 4.5 stars on Google and 4.1 stars on TripAdvisor.Established for over 10 years, the business is now being offered for sale as the vendors look to focus on other business interests. The premises would suit a variety of restaurant concepts and offer scope to expand takeaway and delivery operations alongside dine-in trade.The premises are presented in very good condition throughout and provide approximately 36 internal covers, along with a substantial external seating area accommodating around 70 covers. This brings the total capacity to approximately 106 covers.The bar area is located towards the rear and includes under-counter refrigeration, an ice machine, and two beer lines. The commercial kitchen is fully equipped with extraction, preparation areas, cooking stations, and washing-up facilities, with a service hatch for efficient food delivery to the dining area. Additional features include customer WC facilities with accessible toilet provision, rear access to bin storage, and one allocated parking space. A beer cellar accessed via a shared rear hallway provides further storage along with additional refrigeration and freezer capacity.The premises also benefit from a late licence permitting alcohol sales for consumption on site between 12pm and 11pm daily.The business currently achieves average weekly takings of £8,000-£9,000 and is operated under management by a structured team including a general manager, assistant manager, kitchen manager, and 10-15 front of house staff. Trading hours vary across the week with both lunch and evening service.A new lease is to be granted, with expected rent of £24,000 per annum. Rates are approximately £3,617 per annum (rateable value £17,000, subject to verification). The asking price is £120,000 for the shares of the limited company, with a recent price reduction.The business benefits from a strong location in Worthing, a loyal customer base, and a flexible layout suitable for multiple hospitality concepts.