Well-Equipped Restaurant for Sale in Prime Worthing Location

Description

An excellent opportunity to acquire a well-presented and highly regarded restaurant located in the heart of Worthing, West Sussex. Prominently positioned on South Street, one of the town’s busiest and most established shopping locations, the restaurant benefits from strong year-round footfall and close proximity to the seafront, attracting both local customers and visitors.The business currently trades with a popular Greek-inspired menu and offers both dine-in and takeaway services, appealing to a wide customer base. It enjoys an excellent reputation, reflected in strong online reviews, including 4.7 stars on Google and 4.6 stars on TripAdvisor.The premises have been fully refurbished within the last two years and are presented in turnkey condition, offering a modern and attractive trading environment with no immediate capital expenditure required. The sale represents an ideal opportunity for an operator to continue the existing concept or introduce an alternative offering.The business is being offered due to the vendor’s family commitments, providing a rare opportunity to acquire an established town centre restaurant with a proven trading record and prime positioning.THE PREMISESThe restaurant is presented in excellent condition and occupies a prime position within one of the busiest areas of Worthing town centre, benefiting from strong year-round footfall.The premises provide seating for approximately 40 covers, arranged through a combination of counter seating and tables and chairs. A key feature is the open-plan theatre-style kitchen, fully equipped with commercial extraction and specialist catering equipment including a charcoal grill and doner kebab grill. Additional equipment includes a two-group coffee machine and grinder.To the rear is a preparation kitchen with separate washing-up area and refrigerated storage. Customer facilities include an accessible WC with baby-changing provision. The property also includes bin storage, a secure drinks store, and a comprehensive CCTV system.PREMISES LICENCELicence number 147991 allows the sale of alcohol for on-premises consumption between 11am and 10:40pm, Monday to Sunday.TURNOVERThe business generates approximately £4,500 per week, operating Monday to Sunday from 12pm to 10pm. The business is owner-operated with 3 part-time staff and also benefits from takeaway and delivery trade.TENUREThe premises are held on a 10-year full repairing and insuring lease with an annual rent of £18,000. There are 7 years remaining, with a rent review in year 5.PRICE£59,950 SAV for lease, goodwill, licence, equipment, fixtures, and fittings.