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SHOEBURYNESS ESSEX. RESTAURANT/BAR DEVELOPMENT OPPORTUNITY IN APPROX 1,900

Price:
Leasehold - £0
Seller Ref:
DBS110180
Location:

Essex , Shoeburyness

Business Type:

Commercial Property, Food Service Businesses, Pubs

See Other:
Restaurants for sale in Essex
Bars for sale in Essex
Pubs for sale in Essex
Catering premises for sale in Essex
Vacant premises for sale in Essex
Food service businesses for sale in Essex
Pubs for sale in Essex
Commercial property for sale in Essex
Description:
THE BUSINESS:
One of the most exciting Restaurant/Wine Bar development opportunities we have seen for a considerable time! Ideally situated close to the exclusive Garrison residential development. Comprising the ground floor & basement of the former Shoeburyness Hotel, a landmark building. Ground floor approx 1,900 sq.ft. and basement approx 1,000 sq.ft. An ideal opportunity for the development of a modern Brasserie style Restaurant. Enquiries are invited from experienced Restaurant/Bar operators.

The property to be let forms part of what was the Shoeburyness Hotel. A distinctive landmark building at one end of the High Street. Ground floor 174 sq.m. (1,872 sq.ft.) with existing entrances to both left and right hand elevations. High 3.6 metre (12 feet) ceiling. A number of the buildings original features remain, not least the attractive window frames and internal wrought iron ceiling posts. Basement divided into 3 areas offering a total of approx 90 sq.m. (1,000 sq.ft.). The existing ceiling height of these areas will make them suitable only for cellarage or stores.
Location Details:
Shoeburyness is a town in southeast Essex, situated at the mouth of the river Thames. It is within the borough of Southend-on-Sea, and is situated at the far east of the borough, around 3 miles (5 km) east of Southend town centre. The immediate location has seen substantial investment and, most notably, the exclusive Garrison Residential development. Our Client obtained planning permission to demolish various buildings & to convert the ground floor into a Restaurant or Public House/Bar with the upper floors to comprise 4 self contained flats. Also to erect 10 two storey dwellings & three two storey dwellings, 3 detached two storey dwellings and 1 bungalow.
Lease Terms:
Our Client is prepared to grant a FR&I lease of the ground floor and basement premises, subject to upward only rent reviews. The length of the lease is negotiable. Commencing rent £28,500 per annum.
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