COMMERCIAL
Restaurant for sale
Italian Restaurant Business with Living Accommodation, Outskirts of Southend on Sea
£49,995
- PROPERTY TYPE
Restaurant
- BEDROOMS
1
- BATHROOMS
1
- SIZE
835 sq ft
78 sq m
Key features
- Traditional Italian Restaurant Business For Sale
- Trading for Nine Years by Seller
- First Floor Accommodation
- Potential for 24 Covers
- Additional Outside Al-Fresco Dining
- Registered for Uber Eats, Just Eat and Deliveroo
- Fully Equipped Commercial Kitchen
- Customer Toilet
- Huge Potential to Improve Turnover Further
- Close to London Road
Description
Wrought iron fenced off area providing space for Al-Fresco dining, the seller has accommodated 12 covers in this space during the warmer weather, access to premises:
Double shop front with central entrance door leading to:
Restaurant Area /
14'4 x 12'4
Space for 24 covers, range of seats and tables, coved and smooth plaster ceiling with inset spotlights,wall mounted air conditioning unit, wall mounted menu board, feature timber clad wall areas, tiled floor, open plan access to:
Counter and Service Area /
12'1 x 9'0
Reception counter, music system, electronic till and payment pad, freestanding storage unit with wood top for glassware and cutlery, tiled floor and wall areas, power points, shelving for Alcohol storage, glass front refrigeration unit, professional coffee machine, coved and smooth plastered ceiling, access to other rooms.
Cloakroom /
5'6 x 3'1
Feature timber clad walls, coats hanging space, tiled floor, coved and smooth plaster ceiling, access to:
Toilet /
5'5 x 4'3
White suite comprising of toilet and pedestal wash hand basin, tiled floor, double glazed window, smooth plaster ceiling, wall mounted hand wash dispenser.
Inner Hallway /
Staircase to first floor living area, tiled floor, textured ceiling.
Commercial Kitchen /
19'1 x 8'2
Fully equipped to include pizza oven, stainless steel preparation table, five ring gas burner and oven, extractor fan, deep double bowl sink unit with stainless steel storage area below, freestanding commercial refrigerator, freezer, additional stainless steel preparation table, microwave, various ancillary equipment, two double glazed windows, access door to rear, power points, tiled floor.
First Floor /
Bathroom /
11'1 x 8'1
Double glazed window to rear aspect, white bathroom suite, tiled floor, plastered ceiling.
Bedroom /
11'1 x 8'4
Double glazed window to rear aspect, fitted carpet, radiator, coved and textured ceiling, power points.
Lounge /
14'4 x 11'8
Two double glazed windows to front aspect, wood floor covering, feature fire surround, coved and textured ceiling, power points.
Outside /
The rear yard has access from the side and could be utilised for additional outside seating and eating, Wooden shed which measures 19'8 x 9'8 which is perfect for storage.
Terms of Lease /
The current lease has a term of nine years unexpired and is let at £10,800 per annum but we are advised that the rent will increase to £16,800 later this year. It should be noted that this rent includes the first floor living space as well.
Turnover /
Accounts are available on request to show banked income of £1000 per week. As an indication of the split between sit downs and takeaway our client advises that 70% of income is takeaway. This suggest a real opportunity for growth by increasing the current 6pm until 10pm opening hours and encouraging more customers to eat in.
Price /
The property is available to purchase at £49,995 for our clients business interest to include trading name, goodwill, all fixtures and fittings plus leasehold interest. The ingoing purchaser will be responsible for Landlords legal costs in transferring of the lease.
Viewing Strictly by prior appointment with the sellers agent, Amos Estates on
Italian Restaurant Business with Living Accommodation, Outskirts of Southend on Sea
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Westcliff Station0.4 miles
- Southend Central Station0.5 miles
- Southend Victoria Station0.5 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference MSS_MSS_LFSYCL_539_708483867. 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 Amos Estates, Hockley. 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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