Restaurant for sale

High Street, Rayleigh, Essex, SS6

Sold STC £59,950

Property Description

Key features

  • Superb High Street Location
  • Pie & Mash Cafe & Take Away
  • 1 Bedroom Flat Above
  • Next Door To The Roebuck!
  • Rear Yard Garage Parking & Garden
  • Long Lease

Full description

Tenure: Leasehold

DESCRIPTION:
An outstandingly well fitted & equipped traditional Pie & Mash shop. The business was established by our Clients at the beginning of 2011 after our Clients had carried out a thorough refurbishment programme. Internal seating for 13 at 6 tables with fitted service counter. The existing layout makes the property ideally suited to almost any Catering use.

Property 
Ground floor in approx 265 sq.ft. Seating for 13 at 7 marble topped tables. Tiled floor with tiled & wooden clad walls. Bespoke service counter with facilities for hot & cold drinks behind. Access from the counter to the fully equipped commercial kitchen in approx 170 sq.ft. with a variety of commercial cooking equipment and extraction canopy. Cupboard housing the electricity meter. Area toward the rear with a walk-in coldroom. Door to side passageway giving access to the rear.

External Elements 
Side passageway to the rear yard with parking for 2 cars. Semi detached garage used for storage and a small enclosed garden. These elements are accessed via a shared driveway from the High Street. Towards the front, and fronting the High Street, our Clients have erected a wooden shed from which they serve hot food from 10pm till 2am on Fridays & Saturdays only.

Location 
The property occupies an outstanding position next door to The Roebuck at Rayleigh Essex. The Town is blessed with most National brand names and is a vibrant shopping & commuter location. Rayleigh is located between Chelmsford & Southend, and is 32 miles to the east of central London.

Hours 
Closed on Sundays. The shop opens daily at 11am, closing at 3pm Monday to Wednesday, 6pm Thursday & Friday & 5.30 Saturday.

Turnover 
The business opened its doors for the first time in February 2011. It is therefore in its formative period. Sales until the end of September were approx £50,000.

Tenure 
Leasehold. As at December 2011, there were 14 years remaining. Rent reviews are every 5th year, the next in 2016. Rent £14,800 pa.

Rates 
The 2010 valuation refers to the premises as Shop & Premises with a value of £5,800.

Living Accommodation 
This comprises a flat with 1 bedroom, kitchen, lounge, shower & WC. Access is via an internal staircase. Let & pruducing a rental income of £495 per month/£5,940 per annum.

Legal Fees 
Each party is responsible for their own legal fees. The landlords fees are to be split evenly between the vendor and the purchaser.

More information from this agent

Nearest stations

  • Rayleigh (0.3 mi)
  • Hockley (2.7 mi)
  • Battlesbridge (3.2 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

  • Rayleigh (0.3 mi)
  • Hockley (2.7 mi)
  • Battlesbridge (3.2 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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