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Established The Oaktree Vegan Restaurant Bar In Leigh On Sea For Sale

Leigh On Sea, Essex, UK
Asking Price:
£149,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

THE OAKTREE VEGAN RESTAURANT & BAR
PRICE: £149,000 plus SAV– LEASEHOLD
LOCATION – LEIGH ON SEA, ESSEX
REF: C0054E
THE OAKTREE VEGAN RESTAURANT & BAR is a 3-STORE MID-TERRACE PROPERTY with a BEAUTIFUL GARDEN that occupies a HIGH-PROFILE POSITION on a MAIN ROAD in the HIGHLY SOUGHT-AFTER AND AFFLUENT AREA of the coastal town LEIGH Leigh SEA Sea (ESSEX. The business is the LARGEST VEGAN RESTAURANT IN ESSEX, it is STAFF RUN and COMPLETELY UNOPPOSED. The business is a TOP 10 RATED RESTAURANT ON TRIPADVISOR, along with being RANKED HIGH ON GOOGLE AND FACEBOOK The business has a 5-STAR FOOD HYGIENE RATING and is supported by loyal and regular customers. The business benefits from a CELEBRITY CLIENTELE, FREQUENT MEDIA COVERAGE and has RECENTLY APPEARED ON TV for a CHANNEL 4 COOKING COMPETITION so it’s easy to see why The Oaktree Vegan Restaurant is a go to place to eat. ESTABLISHED OVER 11 YEARS the business is EXCEPTIONALLY WELL PRESENTED, furnished with QUALITY FIXTURES AND FITTINGS and has come to market with a GENUINE REASON FOR SALE along with a FULL COMPLEMENT OF EQUIPMENT to be included in the sale. We are advised that the current takings average £7,000 per week, and we feel there is PLENTY OF SCOPE for a hands-on owner operator to significantly increase revenues and profitability along with capitalising on private functions. The premises are held on a secure lease at a current rental of ONLY £24,500 PER ANNUM EXCLUSIVE and the premises further benefit from ZERO RATES PAYABLE. We expect strong levels of interest, so an EARLY view IS ADVISED by sole agents ESSEX AND SUFFOLK BUSINESS SALES

Property Information

Property:

Leasehold

Leasehold Rent:

£24,500 per annum

Size in square feet:
2,295