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Marina, Bexhill On Sea, TN40

Marina, Bexhill-on-Sea TN40 , UK
£1,750,000

Description

A SUBSTANTIAL DAY  TIME CAFÉ / RESTAURANT PREMISES + 6 FLATS (ALL LET) LOCATED IN A PRIME TRADING POSITION IN THE GROWING TOWN OF BEXHILL ON SEA IN EAST SUSSEX.

LOCATION

This substantial property is located in a truly prime trading location and has occupied the same site, in an unrivalled position with no immediate competition, directly opposite the towns’ main tourist attraction, for over 50 years and we understand has been established as a catering business premises for nearly 100 years.

The premises are considered to be ideally located within the popular seaside town of Bexhill-onSea, East Sussex. The business is situated on the busy coast road and is surrounded by a wide range of residential properties, yet close to other complimentary shops and businesses and the town centre, benefiting from a high volume of passing trade.

The location of the premises is surrounded by densely populated residential areas, from which the business derives much of its trade and its setting directly opposite the famous De La Warr Pavilion guarantees all year round trade, which is further bolstered during the busy summer season.

Bexhill-on-Sea is a popular seaside town, situated in the historical county of East Sussex. The town is home to a number of archaeological sites, a manor house in the Old Town, an abundance of Edwardian and Victorian architecture, and an appealing seafront promenade. The population of Bexhill-on-Sea is approximately 45,000 + growing and the area is well served by public transport. Bexhill railway station is just over five minutes’ walk away, and is also well served by A-roads, with both the A269 and A259 being within easy driving distance, which link to the national A-road and motorway networks. Hastings is just over 5 miles away and Eastbourne is 15 miles away.

THE PROPERTY In brief, the property comprises of two very large attached three & four-storey terraced properties that are broken down into;

THE CAFÉ/RESTAURANT PREMISES Very Substantial Café/Restaurant (c.350 sq metres) -with internal seating for some 200+ covers

Eye Catching Frontage – with large fully opening front and awning providing additional outside seating to the front.
Large Serving Counter –fully equipped and with main serving & preparation area behind.

Commercial Kitchens, Prep & Utility Areas – fully equipped throughout to a high standard with an extensive range of quality equipment including a large walk-in freezer and ice-cream making equipment, etc.

Rear Courtyard Trade Garden – with additional outside seating.
Several Seating Area – giving flexibility to shut off certain sections, as desired and to provide areas for busy periods & private parties/functions, etc.
Large Cellar –providing useful additional storage

THE SELF-CONTAINED FLATS In total there are 6 self-contained flats spread over the two buildings;
1 x 3 Bedroom Flat 4 x 2 Bedroom Flat 1 x 1 Bedroom Flat

As the properties are individually let we haven’t inspected them, but we understand that they each have their own lounge/dining rooms, kitchens & bathrooms and are presented in a good order.

TENURE

The property is being offered for sale Freehold

THE BUSINESS

The business has been in the hands of the current owners for the last 37 years and is only being offered for sale due to retirement. Trading 7 days a week from 8am-7pm (6.30pm in Winter) the café is very well established & regarded and has a strong turnover providing a consistently good net profit, complimented by6 self-contained flats bringing in an additional £40,000 in rental income.

Cooked Breakfast is available from 8am in the morning. Serving Scrambled eggs, Bacon Sandwiches, Omelettes and full cooked breakfasts, and lunch includes Traditional Roasts, Homemade Pie’s and various Italian Pasta dishes. Fresh Fish is also a favorite, because they are right by the seaside, and they also offer lighter meals such as Italian Panini’s and a Full Children’s Menu., plus the famed Award Winning Gelati and Hot Desserts such as home-made Apple Crumbles and Cherry Pies.

Serious offers are invited in the region of £1,750,000 For both of the Freehold Properties, the Business Goodwill, All Equipment, Trade Fixtures &Fittings

  • Address: Marina
  • City: Bexhill, Bexhill-on-Sea
  • State/county: East Sussex
  • Zip/Postal Code: TN40
  • Neighborhood: Bexhill
  • Country: United Kingdom

Detail

  • Price: £1,750,000