Restaurants for sale in Gants Hill

View the "LICENCED RESTAURANT WITH DANCE, MUSIC & ACCOMODATION - ESSEX" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £720,000 Price Reduced Leasehold Price: £720,000 Price Reduced
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Business Description
3,500 sq ft. Established since 1970 in prominent position, large triple fronted premises next to station and large developments close Olympics with good takings, Held on 3 leases @ £29,900 pa rent (1 head lease), Rates £12,000 pa. Retirement sale. Offers invited.
Trading Hours:
7 day week to 2.00 am

Tenure: Freehold, Leasehold

Number of bedrooms: 11

Accommodation Details:
The rear fire escape staircase to the rear leads to the 1st floor flat which is used as large stock rooms, wine stores, laundry room and wc. There is also a large fully equipped industrial kitchen for the restaurant.

Location Details:
Excellent position next to the station in a large development area with plenty new flats currently under construction. The premises is with a few minutes drive from the Olympic site close plenty of bars nearby.

Leasehold Term:
Held on 2 renewable to 2018 and 2025 respectively with current rents of £18,400 and £11,500 pa. The third unit is a virtual freehold on 999 year lease.

Listed by: Pegasus Business Sales
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