Overview
Description
RESTAURANT – INGATESTONE – An exceptionally well-fitted restaurant premises which was newly renovated by our clients in September 2020 with quality fixtures & fittings throughout, who have brought the business to market with a genuine reason for sale. The premises occupies a fantastic trading location which is highly visible in the affluent area of Ingatestone, located in close proximity to the train station and surrounded by quality traders. The location benefits from free lay-by parking to the front and along the road which it trades from. Strong established turnover of £12,000 per week working to the usual high gross profit margins associated with the trade. Scope to increase the established turnover by extending the trading days/times and by further utilising the delivery side of the business which our client has only done on a very limited basis. The business has built up an enviable reputation over our client’s period of ownership, supported by a 4.5* TripAdvisor rating, 4.5* Google rating, 5.6* Just Eat rating and a strong social media following of over 5,000 on their Instagram. Lease until 2033 at a rental of £25,800 plus VAT per annum exclusive. This is a rare opportunity to acquire a reasonably newly fitted business of this type with a fantastic reputation, in a highly sought-after location, so an early viewing is advised.
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