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Late Licence Kebab, Chicken & Pizza Shop, Essex

£170,000

£123.19 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

1,380 sq ft

128 sq m

SECTOR

Restaurant for sale

Description

LATE LICENCE KEBAB, CHICKEN & PIZZA SHOP occupying a secondary trading position just off the HIGH STREET of this HISTORIC MARKET TOWN in NORTH ESSEX. The business is ESTABLISHED AS THE OLDEST KEBAB SHOP IN THE TOWN and has a wide-ranging menu inclusive but not limited to Humus, Tarama, Dolma, Burgers, Scampi, Rice, Kebabs, Rumbaba, Baklava, Pizza and Fried Chicken. The business has been operated under the CURRENT OWNERSHIP SINCE 1997 by our client who has been in the town and trade since the 1990's who has brought it to market with a GENUINE REASON FOR SALE due to retirement. There is a FULL COMPLEMENT OF EQUIPMENT and the late licence allows for trading until 3 AM 7 Days a week. Cost of Stock to be paid on Completion. OUR REF: RX263181

Location

The business is situated on a busy secondary parade that adjoins the main High Street with the town centre and it is further surrounded by major retailers, office traders, independent retailers with additional footfall form the students of the sixth form college.

Tenure

A new secure FR&I lease will be made available with the term to be agreed at an asking rental of £20,000 per annum exclusive.

Exterior Front

Lock up wood framed shop with treble glazed windows to the left hand side of a part glazed wood framed single door entrance which has a well signed and well-lit fascia directly above, in addition to a wall mounted illuminated sign.

Restaurant/Takeaway

Large open plan rectangular in shape with full length stainless steel serving counter, strip lighting, CCTV, Wall mounted illuminated menus, flat screen tv, 10+ Covers and 4+ Bar stool seating. Fully equipped with Zanolli Pizza Oven, Microwave, 3 Door pizza fridge with 8 pot toppings saladette, Double under counter drinks display fridge, Up-right drinks display fridge, Hot top box display cabinet, Chip warming cupboard, Valentine double fryer, Archway 3 burner grill, Under counter freezer, 4 Door fridge with prep counter, 2 x Kebab machines, 4 Pot Bain Marie and a Henny Penny chicken machine. Towards the rear of the property is an open doorway to the Kitchen/Prep Area further equipped with ePos Till, Stainless steel prep tables with steps down to storage and racking with a separate Walk in freezer and Walk in fridge. Additional stairs lead you down to the staff toilets and 3 additional storage rooms.

Rear Exterior

Shared courtyard/garden area which can be self-contained.

Staff & Trading Hours

Vendor (Brothers) work full time and are assisted by 3 full time members of staff. 4pm - 3am Monday to Sunday

Turnover

We are advised the average takings are £8,500 per week. Full financial information will be disclosed at our clients discretion on or after an initial meeting has taken place.

Business Rates

The shop is subject to a rateable value of 9,400 resulting in zero business rates payable for 2017/2018.

Legal Costs

Each party to be responsible for their own legal costs incurred within the transaction.

Summary

Shop size as per The Valuation Office Agency (VOA) are described as: Retail Zone A 23.5 sq m, Retails Zone B 7.6 sq m, Internal Storage 24.2 sq m in total 55.3 sq m (Approximately 595 Sq ft)

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.

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

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Disclaimer - Property reference RX263181. 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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