Licensed Cafe Restaurant In Southend Essex For Sale

Business description

We are favoured with instructions to offer for sale, as the Vendor's SOLE AGENT, this magnificent, fully licensed cafe, situated in one of the busiest locations in Southend town centre. The cafe is located literally yards away from a multi storey car park and it is fair to say the foot traffic is magnificent all day long. In addition the cafe is located close to Southend High Street, but also close to various office blocks and a railway station.

DESCRIPTION:
The Cafe is located on a busy main road and is entered via a plate glass door with full length plate glass windows all round which allows for good visibility. The Cafe has some 50 covers seated at wooden tables and chairs and is extremely well equipped to include menu boards, cold counter for desserts, hot counter for serving purposes, hot water boiler, coffee machine, steam oven, warming cupboard, three freezers, fridge, toaster, four pot bain marie, two microwaves, two cold drinks cabinets. Access to:
PREPARATION ROOM:
Once again, superbly fitted for the trade to include walk-in freezer and walk-in cold room, stainless steel work surfaces, double bowl stainless steel sink unit and all other ancillary equipment required to operate this very busy Cafe. Access from the Cafe to an inner lobby which houses ladies and gent's wc's with baby changing facilities.

TURNOVER:
We understand from the Vendor the turnover is in excess of £2,500 per week, which is net of VAT and is working on the usual excellent gross profit margin this trade produces.

STAFF:
The business is operated by the Vendor and his wife with the assistance of two staff every day.

HOURS:
The Cafe currently trades between the hours of 9.30 am until 4 pm Monday to Saturday. The location of this Cafe really calls for the business to be opened earlier in the morings to attract people using the car park for the station and also later in the evenings which would attract shoppers and workers. The Vendors have, in the past, opened on Sundays, but due to family commitments this is not possible, but is well worth opening again.

TENURE:
The premises are currently held on a five year renewable lease with a current rental of £29,000 per annum.

PRICE:
We are instructed by our Vendor Client to offer this extremely lucrative business for sale at a realistic price of £95,000 to include the benefit of the lease, goodwill and the abundance of fixtures and fittings. Stock to be purchased at valuation.

AGENT'S NOTE:
Only by viewing this Cafe will any discerning purchaser see for themselves the truly magnificent location of this business and the Vendor's SOLE AGENT, recommends an early inspection to avoid disappointment.

Property information

Property:

Leasehold