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Between Loughton and Chigwell, Essex, IG10

Offers in Region of
£150,000

£64.38 per sq ft

Business rates & charges may apply

ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester
SIZE AVAILABLE

2,330 sq ft

216 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments, A5 Hot Food Take away, B1 Business and Class E

A3, A4, A5, B1, E

Key features

  • Prime Location
  • Established Business
  • Fully Licensed Premises
  • Attractive Business Opportunity
  • Fully Fitted
  • £100,000 Refurbishment in 2023
  • Staff Run
  • CALL ESSEX AND SUFFOLK BUSINESS SALES NOW

Description

DAYTIME RESTAURANT / CAFE WITH ALCOHOL LICENCE occupying a PRIME TRADING POSITION in this HIGHLY SOUGHT AFTER & AFFLUENT ESSEX TOWN, that is uniquely located BETWEEN LOUGHTON & CHIGWELL. The premises are located on the ground floor of a MAJOR OFFICE BLOCK and is DIRECTLY OPPOSITE A RETAIL PARK which is home to ALL THE MAIN RETAILERS. The business has been ESTABLISHED OVER 20 YEARS and has recently undergone a £100,0000 REFURBISHMENT IN 2023 by my client who has brought it to market with a GENUINE REASON FOR SALE. The business is EXCEPTIONALLY WELL PRESENTED, furnished with QUALITY FIXTURES AND FITTINGS and is being sold with a FULL COMPLEMENT OF EQUIPMENT. Now STAFF RUN we believe this offers HUGE POTENTIAL for a hands-on owner operator to significantly increase revenues. We are advised the current takings average IN EXCESS OF £5,000 PER WEEK working to LIMITED HOURS, therefore offering PLENTY OF SCOPE. The premises are held on a secure lease at a current rental of £35,000 per annum exclusive, plus VAT. We are further advised business rates payable are £863 per month. An EARLY VIEWING IS ADVISED by sole agents ESSEX AND SUFFOLK BUSINESS SALES.

Between Loughton and Chigwell, Essex, IG10

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Loughton Station0.6 miles
  • Buckhurst Hill Station1.2 miles
  • Debden Station0.9 miles

Notes

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Disclaimer - Property reference C0034E. 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 ESSEX AND SUFFOLK BUSINESS SALES LIMITED, Colchester. 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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