High Street, Rayleigh, SS6
£64.31 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
622 sq ft
58 sq m
- SECTOR
Restaurant for sale
Description
Location
The property enjoys a prime trading location in the affluent Rayleigh area, nestled within a well-established row of shops, just a mere 0.4 miles away from the mainline railway station. Surrounded by a diverse array of businesses such as banks, Boots Pharmacy, and pubs, it benefits from a bustling commercial environment.
Tenure
20 year lease from 16th November 2010 at a rental of £12,000 per annum
Premises
A solitary entrance guides patrons through a stairwell to the elevated first-floor RESTAURANT. On the left side, a well-appointed BAR awaits, complete with a draft Cobra pump, till system, and alcohol display units. The spacious SEATING AREA accommodating 42 guests comfortably, features a blend of spotlighting and hanging lighting, laminate flooring, a speaker system, and the added comfort of air conditioning. Separate Ladies' and Gents' WC facilities are conveniently located. Adjacent to the seating area lies a small segmented storage space, furnished with a chest freezer and two triple display fridges.
Kitchen
Through a door from this area, one enters the COMMERCIAL KITCHEN characterised by tiled flooring and walls, along with a commercial extractor system. Equipped with essential appliances including two microwaves, an 8-burner range, tandoori oven, chest freezer, double stainless steel sink, large upright stainless steel fridge, large double stainless steel upright fridge, stainless steel prep table, plate warmer, and heated counter, this kitchen facilitates seamless culinary operations.
Trading Hours
Friday & Saturday 5pm-11pm, Tuesday, Wednesday, Thursday & Sunday 5pm-10.30pm.
Turnover
We are advised turnover averages £3,000 - £3,500 per week, working to the usual high gross profit margins associated with the trade.
Business Rates
The premises are subject to a rateable value of £13,500.
Legal Costs
Each party are to be responsible for their own legal costs incurred in the transaction, with the landlord's legal costs to be split 50/50.
High Street, Rayleigh, SS6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rayleigh Station0.8 miles
- Hockley Station1.9 miles
- Battlesbridge Station3.1 miles
About Gilbert and Rose Commercial, Essex Commercial
1333-1335 London Road, Leigh-On-Sea, SS9 2AD
Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings
Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company
Notes
Disclaimer - Property reference RX366828. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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