Skip to content

'Tea Room & Coffee House, 72 Covers, Braintree'

£14,999

£37.50 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

400 sq ft

37 sq m

SECTOR

Restaurant for sale

Description

TEA ROOM & COFFEE HOUSE occupying a PRIME TRADING POSITION in this very busy SHOPPING MALL right in the heart of THIS ESSEX TOWN CENTRE. The shopping mall is directly accessed from the multi-story car park creating a HIGHLY ENVIABLE PASSING FOOTFALL and the shopping mall is secure, locked at night, has CCTV and a 24-hour security guard. The business was ESTABLISHED OVER 30 YEARS ago and had been operated under the SAME OWNERSHIP FOR 21 YEARS before being SOLD IN 2019 to our client who has brought it to market, PRICED TO SELL with a RELUCTANT & GENUINE REASON FOR SALE. Currently offering a wide and varied menu that incudes but not limited to all day breakfast options, sandwiches, toasties, baguettes, paninis, omelettes, jacket potatoes, ploughman's, afternoon tea along with a selection of homemade cakes, tray bakes and scones all complemented by an extensive drinks menu. Additionally the property benefits from 42+ INTERNAL COVERS & 30+ EXTERNAL COVERS. No trade is sold or warranted which is reflected within the asking price. Cost of Stock to be paid on Completion. EARLY VIEWING ADVISED. REF: RX257923 - C6687E

Location

Located in the Shopping Centre right in the heart of the town, it offers a great mix of high street names and boutiques, including fashionwear, every-day products, eateries and department stores creating a highly enviable footfall.

Tenure

There are approximately 4 years unexpired of a 10-year lease at a rental of £21,000 plus VAT per annum exclusive. We are advised the last annual service charge was £1,116.36.

Exterior Front

An imposing double-fronted 2-storey 16th century listed terraced premises benefitting from a well branded display fascia along with wall-mounted advertising sign, period feature windows which are of a cottage and style sash type. The shop front has almost floor-to-ceiling display windows to the left-hand side of a wood-framed, part-glazed door entrance into the tea room/coffee house. The premises also have permanently fixed solid wood type bench style seats and tables in the courtyard with parasols. 

Ground Floor Tea Room/Coffee Shop

A square type shop area with Amtico flooring throughout arranged with 12+ covers that is tastefully decorated with quality fixtures and fittings.  As you enter the coffee shop, centrally located within the seating area is a full width, bespoke, scorched timber type till serving counter incorporating a refrigerated serve-over fridge with cold storage, open refrigerated drinks display and a warming cabinet.

Kitchen

Directly behind the till serving area the open kitchen is fully equipped with 2 x microwaves, double panini grill, 6-slice toaster, 3 x under-counter fridges, under-counter freezer, hot water urn, filter coffee pot, coffee grinder, 2-group coffee machine, domestic oven with grill and 4-ring induction hob, small commercial dishwasher, blender, electronic till, Just Eat terminal, double sink unit and a hand wash sink. Towards the right-hand side of the tea room/coffee house there is a door leading to CUSTOMER TOILETS and as you enter the tea room/coffee house there is a large staircase to the first-floor seating area.

First Floor

Stairs lead you to the first-floor seating area arranged as 30+ covers in tastefully decorated surroundings that include wood type flooring, period features such as exposed beams and comfy leather type Chesterfield sofa, floral centrepieces and wall-mounted chalk board menus. The first floor is additionally equipped with a large chest freezer and a single chest freezer.

Staff & Trading Hours

Currently staff run under management. Monday to Friday 8.30am - 4pm, Saturday and Sunday 8.30am - 4pm.

Turnover

Peak historical sales averaged £4,000 per week with further information available to seriously interested parties only. No trade is sold or warranted which is reflected within the asking price.

Business Rates

We are advised business rates payable of £150 per month over a period of 10 months.

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction, with the landlord's reasonable legal costs to be split 50/50. The purchaser is to be responsible for Gilbert & Rose's agency fees.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

'Tea Room & Coffee House, 72 Covers, Braintree'

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Braintree Station0.2 miles
  • Braintree Freeport Station0.5 miles
  • Cressing Station1.7 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 with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX257923. 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.

Map data ©OpenStreetMap contributors.