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Licensed Coffee Shop, Leigh-on-sea, SS9

£120,000

£163.49 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

734 sq ft

68 sq m

SECTOR

Restaurant for sale

Description

A fantastically presented and high volume cafe/coffee shop has come to the market offering a rare opportunity to acquire a business of this ilk. The premises is situated in a fantastic trading location which is very busy, providing high levels of passing trade. The premises is fitted out to a very high standard with high quality fixtures, fittings and equipment which is all included within the sales price. Our client acquired the business in 2019 and undertook a substantial refurbishment getting the premises to the standard it is currently presented in. Very strong established turnover but still leaves scope to increase further as our client currently does not offer any delivery service which we feel would greatly increase turnover and profitability. There is further scope to increase the turnover by extending the trading days and times, with the premises being licensed for the sale of alcohol until 10.30 pm. Cost of Stock to be paid on Completion. Viewing recommended. OUR REF: RX277509 - C6756E

Location

Situated on a busy road with good vehicular and pedestrianised passing trade, surrounded by many well-established businesses including a large public house and opposite a busy supermarket.

Tenure

10-year lease at a current rental of £8,000 per annum exclusive.

Premises

A terraced retail shop with forecourt turfed seating area currently arranged for a comfortable 8 covers with enclosed flower bedding, umbrellas over, fascia board, half-glazed frontage and single glazed entrance door leading into the premises which measures approximately 734 sq. ft. and is arranged as follows:

Main Cafe Area

currently arranged for a comfortable 25 covers with integrated speaker system, hanging feature lighting, faux-leather chairs, U-shaped window seating, wooden tables and padded chairs. At the rear of the main area is a serve-over counter with counter-top cake display stands, till system, and display wine fridge. Behind the counter is a 2-group coffee machine, coffee grinder, stainless-steel sink, beer tap, triple under-counter display fridge and alcohol/drink racking.

Kitchen

A door at the rear of the main area leads through to a KITCHEN currently equipped with large upright freezer, double Buffalo panini press, 4-slice toaster, 2-slice toaster, stainless-steel shelving, dishwasher, large stainless-steel sink, stainless-steel prep table, commercial microwave, small fridge freezer, large fridge, commercial extractor system, large twin-basket fryer, single-basket fryer, 6-burner range/oven, wash-hand basin and prep table.

Store Room

An opening at the back right-hand side leads through to a STORE ROOM currently equipped with 2 x chest freezers, fridge freezer, scales and shelving.

Rear Courtyard

A door from this area leads to a REAR COURTYARD AREA for bin storage and 1 DESIGNATED PARKING SPACE under the terms of the lease. Another door at the back right-hand side of the main cafe area leads through to a WC with wash-hand basin.

Staff & Trading Hours

The business is run by the vendors with the assistance of a chef. Tuesday to Sunday 9 am to 3 pm. Closed on Mondays. We are advised the premises is licenced for the sale of alcohol until 10.30pm.

Turnover

We are advised by our client that the turnover averages £5,000 per week working to the usual high gross profit margins associated with the trade.

Business Rates

The premises is subject to a rateable value of £8,000 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs

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

Licensed Coffee Shop, Leigh-on-sea, SS9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station0.8 miles
  • Chalkwell Station0.9 miles
  • Westcliff 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

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Disclaimer - Property reference RX277509. 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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