Cafes for sale in Essex

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Ian McGregor (Nov 2013)
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Leasehold Price: £235,000 Price Reduced
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Business Description
ESSEX/LONDON BORDERS. SAME FAMILY HANDS FOR OVER 36 YEARS, WELL KNOWN 120 SEATER LICENSED MEDITERRANEAN RESTAURANT, SUBSTANTIAL DOUBLE PREMISES WITH HIGH WEEKLY TAKINGS, IDEAL FOR ANY TYPE OF CATERING CUISINE. AMAZING FUTURE POTENTIAL.

TAKINGS: Weekly takings average about £10,000 p.w. We understand from the owners that this business also has Take Away permission, but they have not really promoted this side of the business.

TENURE: A New long and valuable 20 Years Lease is available with 4 yearly rent reviews and a commencing rent of just £30,000 per annum for both shops.

TRADING HOURS: No Lunchtime Trading, only evenings from 5.00 pm to 10.30 pm, Fridays & Saturdays until 11.30 pm. Sunday trading from 12.00 noon to 10.30 pm.

ACCOMODATION: There is No Accommodation included with this business.

BUSINESS PREMISES: Very spacious double shop catering premises of some 1200 sq ft (114 sqm), incorporating a seating capacity of some 120 customers, within the air conditioned well laid out and designed restaurant, with attractive licensed bar. Excellent fully loaded kitchen of some 250 sq ft (33sqm) with an array of stainless steel fixtures and fitting, plus full length overhead extraction facilities. Total depth of property, nearly 70 feet (22m). Rear areas incorporate 2 walk-in cold rooms, 2 stock room areas, cloakrooms and staff facilities and rear access out to private service road with parking facilities. These premises would be well suited to cater for any type of cusine.

EQUIPMENT: Fully fitted and equipped to a very high standard and inclusive of 2 very valuable walk-in cold rooms, a 6 ring and 4 ring industrial cookers, 2 oil fryers, electric slicer, charcoal grill, triple stainless steel upright fridge, many other assorted fridges and freezers, 2 microwave ovens, 6 pot bain-marie, extensive overhead extraction throughout, fully fitted bar, tables, chairs, crockery and cutlery.

TRADING POSITION: No Lunchtime Trading, only evenings from 5.00 pm to 10.30 pm, Fridays & Saturdays until 11.30 pm. Sunday trading from 12.00 noon to 10.30 pm.

SPECIAL REMARKS: The family owners of this exceptionally well known local Restaurant have successfully traded here for some 36 years, but are now seeking a new challenge. With new enthusiastic owners, and possibly a change of the present Turkish & Mediterranean cuisine, there's just no telling, what could eventually be achieved. There is also Takeaway permission, which Vendors do not take advantage of.

PRICE: £235,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Tenure: Leasehold

Listed by: Rosens BTA Limited
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