SUCCESSFUL SPANISH RESTAURANT IN CHICHESTER, WEST SUSSEX

This successful restaurant has built an excellent reputation with many positive online reviews. On Tripadvisor, it currently ranks inside the top ten restaurants in Chichester and won a Traveller’s Choice award in 2022. The business also holds a 5-star food hygiene rating.

With an attractive décor, the restaurant offers high-quality and authentic Spanish cuisine in a friendly and relaxed environment. Current trading hours are: Tuesday to Sunday 12.30pm – 3.30pm & 4.30pm – 9.00pm. Presently, there are 4 full-time members of staff together with additional part-time staff as required.

We are informed that sales are currently in the region of £7,500 – £8,000 per week. As reflected in the company’s financial accounts, this is already a profitable business but new owners might see potential to increase income further by extending the opening hours, trading 7 days a week and/or introducing a delivery service.

The premises are held on a new 20-year lease from August 2023 at a current annual rent of £17,000 (plus vat).

LEASEHOLD £99,500 REF: R35175T