Overview
Description
LICENSED SEAFRONT RESTAURANT/CAFE – WESTCLIFF-ON-SEA – A wonderfully presented and very busy seafront restaurant/cafe trading from a highly enviable and sought-after parade, which is very well known, referred to as The Arches. Our clients have owned and operated the business since 2019 where they undertook a substantial refurbishment of the premises, fitting it out to a very high standard and are now bringing the business to market with a genuine reason for sale. The premises are held on a secure council lease, with the current rent payable at £11,670 per annum. The premises is wonderfully presented throughout, with a full complement of fixtures, fittings and equipment included within the sale price. The business benefits from low overheads along with zero business rates payable. Turnover averages £4,500 to £5,000 per week working to the usual high gross profit margins associated with the trade, with full financial information available following a viewing and meeting with our client. The business still leaves scope to increase on the established turnover by incorporating a delivery service, which our client has chosen not to do. Viewing advised.
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