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Fully Fitted Restaurant/ Bar In Loughton To Let

UK
Asking Price:
£32,500 per annum
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises comprise a high-spec fully fitted restaurant and bar accommodating 110 covers, and a forecourt for an additional 16 covers. The premises is configured over ground floor only, with dining to the front and steps down at the rear leading to the back of house space including staff areas, toilets and the kitchen itself. The site also benefits from a wood-fired pizza oven.

The premises are located in an affluent area on the High Road, with great footfall throughout the day and an abundance of restaurants/cafes operating in the immediate vicinity. These include Nando's, GAIL's, The HollyBush and KFC to name just a few. Loughton Underground Station is located just 0.3 miles away, with access to the Central Line.

Tenure: An assignment of the existing lease expiring in 2041. The Lease is drawn within the security of tenure provisions of the Landlord and Tenant Act, 1954.

Rent: £32,500 per annum exclusive.

Premium: Premium offers invited.

Licence / Planning: The premises benefit from E Class planning, with a premises licence allowing the sale of alcohol until 11 pm, Monday to Sunday.

VAT: All prices quoted may be subject to VAT if applicable.

Key selling points:
Affluent Neighbourhood

Fully Fitted Kitchen With Extraction

125+ Covers

Fitted Bar

Outdoor Seating

Premises Licence in Situ

Property Information

Property:

Leasehold

Leasehold Rent:

£32,500 per annum

Size in square feet:
2450 sqft