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Fitted Licensed Restaurant In Sutton Road Southend On Sea For Sale

Southend-On-Sea, Essex, UK
Asking Price:
£14,950
Turnover:
Available on request
Net Profit:
Available on request

A fantastically fitted premises which, up until recently, was trading as an authentic American smokehouse restaurant & takeaway, meaning this really is a turn-key situation.

Prior to closing, the business was thriving, but sadly has to be sold due to the operating owner being unable to manage the business because of ill health. The dense population surrounding this restaurant is prime for takeaway orders and the premises offers seating for 25 to 30 covers.

When trading, the business had a 5-star rating from the food standards agency, in addition to being highly rated on Tripadvisor with a 4.5* rating, a Facebook rating of 4.7* and a 4.3* google review.

The premises really is a turn-key operation, with a lot of potential for someone who can put the time and energy in what’s needed to run a small restaurant/takeaway.

This can be sold as either a business with the complete Smokey’s Meat Shack setup and social following, or alternatively it would suit various other cuisine types. Viewing recommended.

Tenure:

New lease available for a term to be agreed at a commencing rental of £9,500 per annum exclusive. The landlord requires the rent to be paid 3 months' in advance and further requires a 6-month rent deposit to be held for the term of the lease.

Premises:

A terrace retail shop with fascia board, awning over a small forecourt area, glazed frontage and double glazed entrance doors leading into the premises which measures approximately 637 sq. ft. (59.2 sq. m.) and is arranged as follows:
Main Restaurant Area

Providing space for a comfortable 25 - 30 covers with freestanding tables and chairs to suit, wood flooring, suspended ceiling, spotlighting, sound system and TV. At the rear of the main restaurant area is a bar with stainless steel sink, 2-group coffee machine, coffee grinder, double under-counter display fridge, triple under-counter display fridge, till, ice maker, wine fridge and glass washer. Also at the rear of the restaurant are separate LADIES & GENTS WCs.

Kitchen:

A door behind the bar leads though to KITCHEN equipped with various stainless steel prep tables, wash-hand basin, prep table with under-counter refrigeration, commercial extractor system, salamander grill, 6 burner range, griddle, twin basket fryer, stainless steel double sink, dishwasher, dough mixer, meat slicer, fridge x 3 and freezer x 3. There is a separate staff WC off the kitchen and a rear door leading to a small COURTYARD.

Trading Hours:

The landlord will allow trading from 3 pm on weekdays and 12 pm noon on weekends and bank holidays, but will not permit trade earlier than these hours.

Business Rates

The premises are subject to a rateable value of £6,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs:

The ingoing tenant is to be responsible for all legal costs incurred in the transaction.

Disclaimer:

Whilst every care is taken to ensure that these particulars are correct, accuracy is in 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 enquiries otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Property Information

Property:

Leasehold