• Listing ID: 1205194
  • (Seller ref: C/349)

Licensed Restaurant On Busy Essex High Street Reduced For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
£109,995
Sales revenue:
£15,000 weekly
Cash flow:
Available on request

WOW FACTOR !!!

WOW FACTOR !!!

1/1


• Situated in enviable busy High Street.
• Imposing restaurant ideal for any cuisine.
• Excellent condition and immaculately presented.
• Fully Licensed with 80 covers
• Superb bar area and two restaurants
• Comprehensively fitted and equipped
• Parking to rear with further storage
• RENT £30,000 pa
• TURNOVER £4,000 - £4,500 per week
• PRICE £79,995

LOCATION:
Situated in the prime location of busy Essex High Street.

DESCRIPTION:
The mid terrace premises comprise of a frosted sign written glazed, double fronted shop with nicely branded fascia. The property has an attractive kerb appeal and opens to the main restaurant.

Spacious restaurant, inset down lighting, air/con/heating vents, wood flooring, variety of matching tables, chairs and booth seating for up to 80 covers spread nicely through main restaurant (60 covers approx), Bar Area with additional lounge style seating (10 covers approx), to further rear restaurant.(20 covers approx).

Bar area with counter and matching recessed shelving behind, mirrored drinks shelving, inset small stainless steel bar sink into rear counter, draught lager font, range of shelving for glassware. Cash till, further storage under. Two double door base level drinks fridges MODERN AND VERY WELL PRESENTED.

To the rear of the restaurant is access to a LOBBY AREA with dual door access leading to:

Washrooms:
Disabled
Male
Female

Modern matching wash rooms with vanity style units with sinks above, part tiled, cubicles, urinals, mirrored main wall, hand
dryer etc ABSOLUTELY IMMACULATE.
Dumb Waiter Area:
Range of base level units with glass washer, music system, and dumb waiter, coffee machine etc.

Fire Exit to rear and stairs to first floor.

Kitchen:
Fully equipped commercial kitchen. Fully tiled floors, stainless steel covered walls, 6 ring gas hob cooker and oven, microwave, heated pass, 2 x double fat fryer, hot cabinet, double stainless steel sink, ample stainless steel work surfaces, full extractor hood and canopy, 1 x stainless steel upright fridge, 1 x stainless steel upright freezer, wall mounted boiler, wash hand basin.

Store Area:
Shelving to walls, 1 x upright stainless steel fridge, door to rear of restaurant.

Externally: Communal parking to the rear as well as having 2 garages available for rent by separate negotiation.

Summary:
Outstanding example of an extremely well maintained and presented restaurant. Personally inspected this premises is immaculate, VIEWING IS A MUST.

TENURE:
The premises is offered on a LEASEHOLD basis with an unexpired term of 20 year at a current rental of £30,000 pa

BUSINESS RATES:
£T.B.C

TRADING HOURS
Trading evenings over 7 days a week.

PRICE:
£79,995 + SAV

VIEWING:
By prior appointment with PPS.

TERMS:
Each party, Vendor and Purchaser are responsible for their own legal fees. Each party, Vendor and Purchaser, are responsible to pay 50% each of the Landlords costs in assigning the lease.


Property:
Leasehold

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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