Restaurant for sale

Fox Street, Ardleigh, Colchester, Essex, CO7

2,500 sq. ft. | £165,000

Property Description

Commercial information

  • 2,500 sq ft (232 sq m)

Key features

  • Detached Roadside Restaurant
  • On Plot Of Approx. 2 Acres
  • Covers For 110 In Approx. 2,500 Sq.Ft.
  • Substantial Parking & Gardens
  • Impressive Road Frontage Of 375 Feet
  • Staff Accommodation With 4 Bedrooms

Full description

Tenure: Leasehold

DESCRIPTION:
Detached Roadside Restaurant (110 covers) with substantial car parking and gardens on a plot of approx. 2 acres. An attractive building (former Public House) in some 2,500 sq.ft. with impressive bespoke feature Bar/Reception and dining space in two areas. Spacious Commercial kitchen and first class WC facilities. Upper parts with 4 bedroom staff accommodation.

Location 
Ardleigh is a village in Essex, and situated approximately 4 miles northeast from the centre of Colchester and 26 miles northeast from the county town of Chelmsford.

Property 
A detached former Public House building on a plot of some 2 acres with main car park for 32 and side parking for disabled drivers and staff. Road frontage of 375 feet! Rear yard, Barbecue and smoking areas and formal lawned gardens. Upper parts comprising 4 bedroom staff accommodation.

The Business 
A fully licenced Indian Restaurant providing 110 covers.

Turnover 
We are advised that these average some £7,000/£8,000 per week including VAT.

Hours 
Monday to Saturday 5pm till 11pm. Sunday 1pm till 10pm.

Premises Licence 
The licence permits the sale of alcohol and music and dancing from Sunday to Thursday 9am till midnight, and Fridays and Saturdays 9am till 1am.

Tenure 
Leasehold. Granted for 25 years from 31st October 2008, subject to rent reviews every 5th year.

Rent 
£36,000 per annum plus VAT.

Business Rates 
The 2010 rateable value is £17,500 resulting in rates payable of £8,697.

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

More information from this agent

Nearest stations

  • Hythe (1.9 mi)
  • Wivenhoe (3.7 mi)
  • Colchester Town (2.5 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

  • Hythe (1.9 mi)
  • Wivenhoe (3.7 mi)
  • Colchester Town (2.5 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.

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