Restaurant & Guest House, Hockley

Tenure

There are two leases in place, both with a new term to be agreed. The restaurant rent is currently £21,500 per annum exclusive, and the Guest house rent at £22,000 per annum exclusive.

Premises

Large destination plot with garden seating, currently set out for around 30 covers, however could accommodate a lot more if required. A single entrance door leads into an entry way with further glazed door, leading into the RESTAURANT which measures 2,045 Sq. Ft. and is arranged as follows:

Main Restaurant Area

Currently arranged for a comfortable 70 covers, however, could potentially accommodate more, if required, there is a reception desk area to the left on entry and the premises is air conditioned throughout with hanging feature lighting and laminate flooring. Towards the rear of the seating area is a hip-height serve over counter behind which is equipped with a large upright display drinks fridge and a double under counter display drinks fridge, hot water dispenser, coffee machine and till. There are separate Ladies and Gents WC facilities.

Kitchen, Prep & Stores

Currently equipped with 3 chest freezers, large mixer, various stainless steel prep tables, 2x large uprights stainless steel freezers, wash hand basin, stainless steel sink. Heated pass through, COMMERCIAL EXTRACTOR SYSTEM, 6 burner range, salamander grill, twin basket fryer, meat slicer, 2 x toasters, rice maker, 1 large upright stainless steel fridge, 3 x microwaves, mixer, large upright stainless steel fridge, stainless steel prep table with under counter refrigeration, stainless steel prep table with heated plate warmer under, bain marie, blender, under counter stainless steel fridge, 2 microwaves, large upright stainless steel fridge, stainless steel sink, ice maker, glass washer, dishwasher, double stainless steel sink, wash hand basin and a walk in chill room. Staff WC.



To the rear of the premises there is a external STORE which has various racking, large chest freezer and large upright freezer.

Trading Hours

TUESDAY TO SATURDAY: BREAKFAST FROM 9:00AM - 11:00AM, MAIN MENU 12.30PM - 3:30PM, TAKEAWAY FROM 5:30PM - 7:30PM. SUNDAY: BREAKFAST FROM 9:00AM -11:00AM, ROAST LUNCH FROM 12:30PM - 4:00PM.The Restaurant currently only trades in the daytime, no longer do evenings, however, there is a alcohol licence for the hours of 11 am - 11 pm so these hours could be extended by a purchaser.

Turnover

The Restaurant and Takeaway turnover, is approximately £3,500 - £4,500 per week and the Guest House Turnover is approximately £75,000 per annum. Further financial information can be disclosed to seriously interested applicants following a viewing of the business.

Business Rates

The premises is subject to a rateable value of £24,250.

Legal Costs

Each party to be responsible for their own, with the landlords legal costs for the surrendering of the existing leases to be the responsibility of the vendor and the Landlords legal costs incurred in the granting of the new leases to be the responsibility of the purchaser.

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.