Restaurant Takeaway With 2 Flats And Sea Views For Sale

Reduced for a quick sale restaurant takeaway with 2 flats & sea views
price £95,000 plus sav leasehold
location broadway - leigh on sea, essex
ref c0089e
reduced for a quick sale restaurant takeaway with 2 flats & sea views in a 5-storey terraced property that has outside seating & private owner parking occupying a high-profile position on a main road in the highly sought-after and affluent area of the coastal town leigh on sea essex. The business has been established since 1974 and has operated under the same ownership for 25 years by our client who has brought it to market with a genuine reason for sale. We are advised the current takings average £4,100 per week and the premises are held on a secure lease at a rental of only £24,350 per annum exclusive, inclusive of the flats. Business rates £5,000 pa. The business is exceptionally well presented, furnished with quality fixtures and fittings and has come to market with a full complement of equipment to be included in the sale. We feel there is plenty of scope in younger hands to significantly increase revenues and profitability by introducing an alcohol licence along with a delivery service and extending the current operating hours. We expect strong levels of interest in this successful a3 / a5 business, so an early viewing is advised.