Restaurants for sale in Ingatestone

View the "Lounge Bar & Grill Restaurant in Ingatestone, near Chelmsford, Brentwood & Billericay" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Lounge Bar & Grill Restaurant in Ingatestone, near Chelmsford, Brentwood & Billericay

Ingatestone, Essex, England

  • Leasehold Price: £195,000  Price Reduced arrow_drop_down
Seller Reference: EX3821
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: EX3821
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Business Description
The business was completely refurbished in October 2018 and has grown to become a very popular venue in the local area. The property is well presented to a high standard and offers a unique opportunity with the outside terrace offering additional capacity during the better weather months. Open 7 days per week the business focuses on day time trade during the week and additionally at the weekends for parties, private events & functions. The setting offers huge potential for further growth as well as continuation of the trade that has been developed so far.

This is an attractive, glass fronted property situated just off the High Street in Ingatestone. The property benefits from the external terrace which offers capacity for approximately 36 covers as well as an internal mezzanine area for approximately 24 covers. The main restaurant area is open plan and offers a variety of lay outs however typically caters for up to 45 covers.

To the front of the property is a large amount of car parking provision which is free for 2 hours per day & unrestricted overnight.

Overall the property is approximately 2,300 sq.ft. To the rear is a fully fitted commercial kitchen and storage/preparation area as well as customer toilets.
Trading hours:
Generally 8.30am - 4pm
Tenure:
Leasehold
Location Details:
Situated just off the High Street in the affluent village of Ingatestone, Essex. Short distances to Chelmsford, Brentwood & Billericay
Leasehold Term:
There are approximately 14 years remaining (expires Oct 2033) on the existing lease at an annual rent of £25,000 with the next rent review due in 2023.
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