Fish Cafe, 17 Tower Street, Rye, TN31 7AT

ÂŁ175,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant

Key features

  • 4-storey Listed building
  • 8 years remaining on lease
  • 52 cover restaurant
  • 50 cover private dining room/private bar
  • 60 cover function suite / cookery school
  • Energy Rating B
  • Annual rent: ÂŁ28,000
  • Christie & Co Ref: 8867262

Description

Description

The Fish Café is a versatile, well-positioned lively and vibrant restaurant and cookery school set in a four-storey converted brick warehouse with open plan kitchen area where you can view your meal in its creation. Two further function rooms and top floor fully equipped commercial kitchen.

Location

Rye is an affluent and attractive coastal town in East Sussex, situated approximately 19 miles southwest of Ashford and 12 miles east of Hastings. London is 62 miles to the northwest. Road communications are good with the A259 / A2070 linking onto the M20 at Junction 10 (Ashford). Rye railway station provides direct services to Ashford International, Hastings and Eastbourne.

Rye has a long history that stretches back to the Roman times as well as being home to smugglers in the 18th Century. The town is popular with tourists and visitors attracted by the ancient buildings, cobbled streets and alleyways which provide a wonderfully eclectic mix of specialist shops and stores.

Internal Details

Ground floor - entrance into the main reception area with customer stairs.

52 cover air-conditioned acoustic ceiling panel restaurant with bar servery and open plan kitchen with dumbwaiter. Customer toilets.

Auxiliary area with linen storage service, stairs and goods lift.

First floor - private 52 cover dining room with bar servery and customer toilets.

Second floor - 60 cover function room currently used as a cookery school with purpose built kitchen and bar servery, storage room.

Third floor - staff toilets and locker room. Fully equipped commercial kitchen with full extraction, walk-in fridge and freezer, dry store, pot wash area and office.

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale, and our clients will provide a trade inventory.

External Details

Parking for two cars. Two outbuildings attached to the main building housing the wine cellar and store room. Auxiliary bin store.

The Opportunity

The current owner has operated the business for many years and is now looking to sell in order to focus on other ventures, offering a great opportunity for a new operator to take full advantage of its location and late licence.

We thoroughly recommend a viewing to fully appreciate this opportunity.

Staff

The business is predominantly owner operated with a complement of full time and part time casual staff.

Trading Information

Trading information year ending 30 September 2024 shows net turnover in excess of ÂŁ783,000 with an adjusted net profit in excess ÂŁ132,000.

Full trading information will be supplied following a formal viewing.

Trading Hours

The business operates six days a week:

Closed on Tuesday
Monday to Thursday: 12-2pm & 6-9pm
Friday & Saturday: 12-2pm & 6pm-9.30pm
Sunday: 12-2pm & 6pm-9pm

Business Rates

Current rateable value (1 April 2023 to present) is ÂŁ26,500.

This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Regulatory

Premises Licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Fish Cafe, 17 Tower Street, Rye, TN31 7AT

NEAREST STATIONS

National Rail

Rye Station

0.16 miles

National Rail

Winchelsea Station

1.92 miles

About Christie & Co, Pubs & Restaurants

Christie & Co, Pubs & Restaurants

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 8867262-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.