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Restaurant/hospitality Lease Hold In Chelmsford City For Sale

Chelmsford, Essex, UK
Asking Price:
On request
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

-Situated near the train station, nestled amongst various new build housing and businesses this venue enjoys fantastic footfall.

-Space for 80 covers

-Beautiful garden area

-Leasehold- 5 years remain (extension available), Rent of just £16500pa

-Cheap business rates

-Licensed for food and alcohol until 3am

-Generous sized kitchen/back of house areas

- Contents available upon negotiation

Currently still trading, this venue has been in its current form for 5 years and has shown potential, with onsite sales of 10k per week plus busy takeaway/delivery trade. It is now in need of new owners who can restore it back to former glory. This is ideal as a restaurant or takeaway and could also be operated as a dark kitchen due to its low over heads.

Property Information

Property:

Leasehold

Lease Terms:

5 years remain, extension available

Leasehold Rent:

£16,500 per annum

Location:

City Centre

Premises Details:

Ground floor

Other Information

Inventory / Stock value:
£1