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Broadway, Leigh-on-sea, SS9

£295,000

£230.83 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

1,278 sq ft

119 sq m

SECTOR

Restaurant for sale

Description

Seize the chance to own a thriving restaurant and bar in a prestigious corner location along Leigh Broadway. This is a rare opportunity to acquire a fully-equipped, high-end establishment that boasts top-notch fixtures, fittings, and equipment.

Key Features:

Prime Location: Situated on a prominent corner of Leigh Broadway, offering high visibility and foot traffic.
Elegant Fit-Out: The restaurant and bar showcase a sophisticated design with high-quality finishes, including premium fixtures and fittings.
Modern Equipment: Equipped with the latest high-end appliances and systems, ensuring operational efficiency and top-notch service.
Spacious Interior: Generous dining and bar areas designed for comfort and style, ideal for attracting and retaining a loyal clientele.
Turnkey Operation: Fully operational with a well-established reputation, ready for a new owner to step in and continue its success.

Additional Details:

Reputation: The business has built a loyal customer base and a reputation for exceptional food and service, with a strong social media presence and excellent customer reviews
Potential: Great potential for growth and expansion, with ample opportunities to expand the menu, host special events, and extend the opening hours.

This exceptional premises offers not only a fantastic business opportunity but also a prime position in one of Leigh’s most sought-after locations. Whether you're an experienced restaurateur or a new entrepreneur with a vision, this restaurant and bar is poised to deliver impressive returns.

For more information and to arrange a viewing, please contact us now. Don’t miss out on this exceptional opportunity to own a premier restaurant and bar in Leigh. Act now and take the next step towards owning a successful and stylish business in a prime location!

Location

The premises is situated in a fantastic trading location, within the heart of Leigh-on-Sea offering high levels of footfall and vehicular passing trade. Leigh on Sea is a sought-after destination, with a vibrant affluent community, benefitting from excellent transport links, making it easily accessible from London and surrounding areas.

Tenure

A sublease for up to 18 years is available at a commencing rental of £37,000 per annum exclusive.

Trading Hours

Monday & Tuesday closed, Wednesday - Friday 12pm till 11pm, Saturday 9am till 11pm, Sunday 9am till 6pm. Licencing hours are Monday to Thursday 10am till 11pm, Friday & Saturday 10am till 12am, Sunday 10am till 11pm.

Staff

Our clients just oversee the business, with the business being run under management with 4 kitchen staff and 4 front of house staff.

Turnover

We are advised turnover averages £14,000 per week, working to the usual high gross profit margins associated with the trade. Further financial information can be disclosed following a viewing of the business, with clients permission.

Business Rates

The premises is subject to a rateable value of £26,750.

Legal Costs

Each party are to be responsible for their own, with the landlords legal costs to be split 50/50.

Premises

A fantastic wrap around corner position, with extending awning over a forecourt seating area for 18 covers with external heaters, double entrance doors lead into a small entry way area, with further double doors into the premises which measure approximately 1,278 sq ft and is arranged as follows.

Restaurant Area

With tiled flooring, a mixture of spotlighting and hanging feature lighting, air conditioning, speaker system, CCTV, internally arranged for 57 covers, with an additional 8 bar covers. To the left side of this area is a BAR behind which is equipped with wine display fridge, triple under counter display fridge, double under counter display fridge, stainless steel sink, wash hand basin, frozen cocktail machine, spirit racking, under counter freezer, glass washer, 2 group coffee machine, coffee grinder, stainless steel sink, and till/card system. A couple of stairs at the rear of this area lead to a raised seating area which has some of the covers previously quoted, along with two small store cupboards, one of which houses the CCTV and sound system.

Kitchen

Equipped with stainless steel double sink, 4 slice toaster, shelving, dishwasher, large stainless steel fridge, various stainless steel prep tables, under counter stainless steel freezer, heated passthrough, stainless steel sink, mixer, marble top prep table, large pizza oven (not included with the sale price but is available under separate negotiation if required), blender, stainless steel under counter fridge x 3, commercial extractor system, charcoal grill, twin basket frier, and rational oven.

WC

Separate ladies, gents and disabled WCs.

Courtyard

There is a rear courtyard for bin storage, drink racking and a container unit which houses a walk in fridge, large chest freezer and racking.

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.

Broadway, Leigh-on-sea, SS9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chalkwell Station0.6 miles
  • Leigh-on-Sea Station0.8 miles
  • Westcliff Station1.4 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

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Disclaimer - Property reference RX419715. 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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