Restaurant, Broadway, Leigh-on-sea
£218.75 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
800 sq ft
74 sq m
- SECTOR
Restaurant for sale
Description
The premises underwent a full, high-end refurbishment less than two years ago, finished to an exceptional specification throughout. The stylish interior has been thoughtfully designed to create a premium dining experience, with no expense spared on fixtures, fittings, kitchen equipment, and overall ambience.
A genuine turnkey opportunity — a buyer can commence trading immediately with no additional capital expenditure required.
Impressive 4.5* rating on Google Reviews
Significant online presence with 13.4k engaged followers on Instagram
Highly regarded locally with consistent positive customer feedback
Licenced Sunday to Wednesday 10am to 11pm and Thursday to Saturday 10am to 12am
The restaurant enjoys an established and growing reputation, supported by a strong digital footprint and repeat customer base.
The business delivers a strong and established turnover, yet still offers substantial scope for further growth:
Currently closed on Mondays & Tuesdays – immediate opportunity to increase weekly revenue
Potential to introduce morning and daytime trading (brunch, coffee, remote working clientele, etc.)
Scope to implement a takeaway and delivery service to further expand revenue streams
Opportunity to incorperate private hire, events, and corporate bookings
The current owner has chosen to operate within limited hours, leaving clear upside for an ambitious operator.
Opportunities of this calibre on The Broadway are extremely rare — particularly with such a recent, high-spec refurbishment already in place. This is an ideal acquisition for an experienced restaurateur or hospitality group seeking a prestigious location with proven performance and further growth potential.
Early viewing is strongly recommended. RX742847
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 sort after destination with a vibrant and affluent community benefitting from excellent transport links making it easily accessible from surrounding areas.
Tenure
10 year Lease from 28th June 2024 at a current rental of £35,000 per annum exclusive. There is a break clause withing the lease in June 2029.
Premises
Extending awning over a forecourt seating area that can be arranged for 8 covers with full glazed frontage, bi-folding doors which open up nicely in the summer, with a single glazed entrance door to the left leading into the premises which measures approximately ... Sq.Ft. and is arranged as follows.
Main Restaurant
MAIN RESTAURANT area with tiled floors, air conditioning, spot lighting, currently arranged for a comfortable 38 covers. There is a large marble style bar to the left hand side behind which is equipped with a till system, coffee machine, 3 x double under counter fridges, under counter wine fridge, glass washer and under counter fridge. Beyond this area is the open planned kitchen with large COMMERCIAL EXTRACTOR SYSTEM equipped with a twin basket fryer, large rationale oven, 6 burner oven, bespoke charcoal grill, stainless steel sink, stainless steel under counter freezer, stainless steel under counter fridge, stainless steel pre-table with under counter refrigeration, plate warmer and a heated pass through.
Store Room
At the back left hand side of the restaurant is a door that leads through to a STORE / PREP ROOM with 3 large upright stainless steel fridges, dishwasher, stainless steel sink, ice machine, chest freezer, large upright display fridge and under counter display fridge. A door atr the rear of the property leads to the WC.
Trading Hours
Wednesday Friday 5 pm - 11 pm, Saturday 12 pm - 12 am, Sunday 12 pm - 8 pm, Closed Monday & Tuesday. This leaves massive scope to extend the existing trading days and times.
Staff
The vendor manages the overall operation, supporting front of house, alongside a team of 6 full-time and 2 part-time members of staff.
Turnover
We are advised turnover averages between £17,000 and £20,000 per week, working to the usual gross high profit margins associated with the trade.
Business Rates
The business is subject to a rateable value of £24,000 and we are advised that business rates are currently payable at £596 per month.
Legal Costs
Each party are to be responsible for their own legal costs, with the Landlords cost to be split 50/50.
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.
Restaurant, Broadway, Leigh-on-sea
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chalkwell Station25.1 miles
- Leigh-on-Sea Station26.1 miles
- Westcliff Station24.6 miles
Notes
Disclaimer - Property reference RX742847. 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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