We are instructed to sell our clients business interest in this long established Italian restaurant trading from impressive Grade 2 listed premises within a busy market town in South Essex. The business has traded since 2012 and the owners are only selling now due to ill health. The premises are very well presented and can accommodate 60+ covers set across three restaurant areas, the kitchens are professionally fitted and all equipment is owned by the sellers and included within the sale of the business. Although the business has an enviable reputation as an Italian cuisine the decoration is neutral and the kitchen extensive so it would appear suitable for other styles of food. Accounts confirm healthy turnover figures which could be further enhanced under the leadership of new, dynamic ownership.
We are able to offer applicants an online or 'in person' viewing appointment at this property. Talk to our finance team about raising funds to purchase.
Double opening wood doors with feature stained glass windows, leading to:
Entrance Lobby /
6'3 x 4'1
Bristle mat, tiled wall areas, intercom panel, plastered ceiling, wood door with stained glass window providing access to:
Reception, Bar Area & Main Restaurant Space /
31'9 x 21'9
Feature brick fireplace, fitted carpet, plastered ceiling, fully equipped bar with tiled front, lighting and timber counter, glass front drink chiller units, professional coffee machine, coffee grinder, glass washer, payment point and screen, power points. Stained glass window to front aspect, fitted carpet, plastered ceiling, radiator, wall light points, wall mounted air conditioning unit, range of tables and chairs.
Restaurant Area Two /
20'11 x 13'1
Stained glass window to front aspect, fitted carpet, tiled wall areas, brick fire surround, range of tables and chairs, wall lights, radiator, wall mounted air conditioning unit, papered ceiling, power points.
Restaurant Area Three /
15'0 x 10'3
Glazed window to front aspect, wall light points, plastered ceiling, tables and chairs, tiled wall areas, power points.
Mens Toilet /
Fitted suite.
Ladies Toilet /
Fitted suite.
Commercial Kitchen /
15'1 x 13'1
Fully equipped in stainless steel range including, preparation tables, two pizza ovens, saladette unit, cupboards and store cabinets, commercial microwave, freestanding double fryer, two gas burners, heated cabinets, extraction unit. (full inventory on request). Tiled works areas and stainless steel wall covering, tiled floor, power points, access to:
Kitchen/Store /
16'4 x 8'6
Stainless steel double bowl sink unit with flexible hose mixer tap, dishwasher, freestanding commercial fridge/freezers, mixer, stainless steel shelving units and preparation table, tiled floor, rear doors, power points, access to:
Staff Cloakroom /
7'10 x 6'1
Plumbing for washing machine, toilet, wall mounted sink unit, radiator, floor covering, plastered ceiling.
Store Room /
12'11 x 7'9
Wooden doors to bar and restaurant, radiator, papered ceiling, power points, glass and product storage.
Office & Store /
15'8 x 12'11
Fitted carpet, papered ceiling, shelving and storage cupboards, window to rear aspect, power points.
Terms of Lease /
A new 12 years is available at a rent of £27,000 per annum with a four year rent review pattern.
Turnover /
Accountants profit and loss accounts are available to confirm healthy turnover figures.
Asking Price /
Sensible offers in the region of £120,000 are sought for the valuable leasehold interest to include equipment, goodwill and business trading name.
