Restaurant for sale

The Broadway, Thorpe Bay, Essex, SS1

1,861 sq. ft. | £150,000

Property Description

Commercial information

  • 1,861 sq ft (172 sq m)

Key features

  • Spacious Licenced Restaurant
  • In Very Affluent Trading Location
  • Currently 60 Covers/Room For 80
  • Spacious S/C Residential Parts
  • Suitable For A Variety Of Restaurant Uses
  • New Lease Available STS

Full description

Tenure: Leasehold

DESCRIPTION:
A long established Oriental Restaurant in some 1,800 sq.ft. overall in an affluent location. The Restaurant has been in the current ownership for some 10 years, and before that, an up-market European Restaurant. A well proportioned air-conditioned Restaurant with spacious kitchen to the rear, quality ladies, gents & disabled persons WC's, plus 1st & 2nd floor stores/Office. Self contained residential upper parts with 8 rooms!

Location 
Located in a prime/affluent commercial trading position, on a very busy parade with a mixed range of retailers, hairdressers and commercial operators. The Broadway also includes a Tesco Express, Costa Coffee, Ladbrokes and Barclays, and is adjacent to Thorpe Bay railway station.

Property 
Ground floor with feature Bar/Reception. Regularly shaped dining area capable of seating up to 80, but arranged generally for 60. Rear ladies, gents and disabled person WC's, and behind those, a staircase to the 1st/2nd floor commercial space, and then the commercial kitchen (300 sq.ft.) and access to the rear service road.

Upper Parts 
Self contained and comprising: 1st Floor: Domestic kitchen and three rooms. 2nd Floor: Shower/WC and 4 rooms. Spiral staircase to another room (loft conversion) with en-suite shower/WC.

Hours 
Closed Mondays. Tuesday to Saturday 5.30pm - 11:00pm. Friday and Saturday for lunch 12noon - 2.30pm. Sunday and Bank Holidays 1pm - 10:00pm.

Turnover 
We are advised that the turnover, inclusive of VAT is approx. £8,000 per week.

Tenure 
Leasehold. Our Client is prepare to grant a new lease, for a number of years to be agreed, at a rent of £35,000 per annum.

Business Rates 
The 2010 rateing valuation describes the ground floor as Shop & Premises with a value of £8,300.

Legal Fees 
Each party is to be responsible for their own legal fees.

More information from this agent

Nearest stations

  • Thorpe Bay (0.1 mi)
  • Southend East (1.3 mi)
  • Shoeburyness (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Thorpe Bay (0.1 mi)
  • Southend East (1.3 mi)
  • Shoeburyness (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference DBS150122. 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 Dedman Gray, Essex. 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.

Map data OpenStreetMap contributors.