Café and Bar for Sale in East Sussex

Hastings
REF: INT2789

Asking Price:
£99,950
Annual Turnover:
£229,448
Annual Net Profit:
£53,839
Featured
REF: INT2789
Photo of Café and Bar for Sale in East Sussex
Photo of Café and Bar for Sale in East Sussex
Photo of Café and Bar for Sale in East Sussex
Photo of Café and Bar for Sale in East Sussex

Overview

Tenure:
Leasehold
Established:
2001
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Equipment Included
  • Spacious Premises

Exciting Opportunity: Iconic Café & Bar in the Heart of the Community!

Step into the spotlight with this thriving café and bar, a cherished local hotspot for over two decades! From leisurely afternoon coffee breaks to unforgettable nights out with friends, our establishment offers an experience that captivates every visitor.
Immerse yourself in the vibrant atmosphere, where open mic nights, afternoon sessions, and live local acts create an electric ambiance that beckons a diverse crowd. With a reputation for exceptional live music, delectable cuisine, and welcoming vibes, we set the standard for unforgettable outings.

Unlock endless potential with our versatile space, perfect for hosting memorable parties and events. Our diverse menu caters to all tastes, featuring mouthwatering paninis and decadent cakes available any time of day. Plus, rest assured knowing our impeccable standards have earned us a prestigious 5-star hygiene rating.

Join our thriving online community, boasting 1.8k likes and 1.9k followers on Facebook, where we showcase exclusive offers and upcoming events. Glowing 5-star reviews on Google, with a stellar 4.3-star rating based on 119 reviews, attest to our commitment to excellence and the warm hospitality our guests adore.

Nestled in a prime location with bustling foot traffic set in Hastings esteemed old town, our establishment continues to attract both loyal patrons and eager newcomers. Experience the magic of our establishment firsthand – where exceptional food, live entertainment, and lifelong memories await. Seize the opportunity to own this esteemed business and become a cornerstone of the community's social scene!

This business is situated in a prime location, nestled in the heart of the historic Hastings Old Town. The area boasts a delightful mix of traditional seaside charm, Tudor architecture and a vibrant arts community. Positioned on George Street, the premises are surrounded by charming boutique stores and lively pubs, adding to the area's character and appeal.

The current owner has had this business for 20 years and the reason for sale is that he has now reached the time for retirement. At present, the leasehold premises has 1 year left and there are currently 7 staff members within the business.

The staff members are well-trained and efficient, ensuring that customers receive excellent service. Because of this, the business has a loyal customer base, with many regulars who have been coming for years.

Overall, this is an excellent opportunity for someone who wants to own a successful café and bar in a popular area.

The business could be expanded by growing their social media presence. Although the business is well-established on Facebook, it could grow awareness by the movement to other platforms such as Instagram, as well as the development of a website to gain further awareness and to advertise the venue that can be rented for parties and events.

Features

Key Information

  • Number of Covers: 20
  • Hygiene Rating: 5

Online Presence

  • Facebook: Yes

Website: none

Location

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  • Shopping Centre Location
  • High Street Location
  • High Footfall

Property

Annual Rent
£20,886
Annual Rates
TBC
Lease Term (Years)
15
Lease Expiry (Year)
2039
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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