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Restaurant And Bar In Leigh On Sea For Sale

Leigh-on-Sea, Essex
Asking Price:
£149,995
Turnover:
Available on request
Net Profit:
Available on request

A fantastically presented business that has been very long established in the area. Since our client's ownership, they have renovated the premises to a high standard throughout and have built up a great business that will only grow year-on-year. Turnover currently averages £13,500 per week (£700,000 per annum) and projections for the following year estimate that the turnover will increase to around £800,000. Lots of potential to increase the current turnover by adding a delivery service and marketing to the densely populated surrounding residential community. 21 years unexpired on the lease at a current rental of £23,000 per annum exclusive. Viewing recommended. Reduced for a quick sale.

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Leasehold

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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