Restaurant premises for sale with new lease

23rd August 2023

Eastern promise Indian restaurant in Herstmonceux village for sale including a new lease via Oldfield Smith & Co.

Oldfield Smith & Co. have been instructed to market a thriving Indian style restaurant in the centre of Herstmonseux village. The premises trades as Eastern Promise and are located on the main A271 Bexhill/Hastings Road.

The restaurant is well fitted having approximately 100 covers. A take away service is also available. It is air conditioned and benefits from 2 separate bar and servicing areas. There is an extensively fitted kitchen and prep room together with 2 separate customer cloakroom facilities.

Staff accommodation is provided above the restaurant currently arranged as 5 rooms plus shower and cloakroom. This area has a separate access along side the restaurant.

The restaurant owners are looking to retire and will grant a new lease over the entire premises including the upper parts.

Accounts are available showing a turnover in the region of £250,000pa with good gross and net profits. Accounts will be made available to seriously interested parties.

Premium offers are invited for the lease, business and goodwill in the region of £80,000 to include an agreed list of fixtures and fittings. A new lease is available on normal full repairing and insuring basis, length to be agreed at £33,200pa.

Further information can be found by clicking here or for further information and an appointment to view please call 01825 762222