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(under Offer) Rayleigh Essex Brasserie & Sports Bar For Sale

Rayleigh, Essex, UK
Asking Price:
£60,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

a total of approx. 2,200 sq. ft. with an impressive glazed/opening frontage of approx. 30 feet. Covers for 75 internally plus another 16 al fresco and 10 bar stools. Fully equipped commercial kitchen with dry & cold storage.

Features:
Impressive 30-foot-glazed frontage
Approx. 2,200 sq. ft. overall
Internal Seating For 75
Al Fresco Seating For 16
New Lease
Modern Brasserie/Sports Bar

Turnover:
Gross sales for the most recent 12-month period were approx. £451,000, with some 81% being wet sales.

Business Rates:
The most recent rating assessment shows an adopted value of £39,000, with the sum of approx. £19,500 p.a. being payable.

Legal Fees:
Both parties are to be responsible for their own legal fees.

Property Information

Property:

Leasehold

Lease Terms:

A new FR&I lease is to be granted for a number of years to be agreed at a rent of £25,000pa.

Leasehold Rent:

£25,000 per annum

Location:

Property:
The principal trading area measures approx. 1,375 sq. ft. Feature Bar/Servery with 10 bar stools. Seating overall is 75, with another 16 on the pavement, 'al fresco'. Fully equipped commercial kitchen, coldroom, dry store, office, ladies and gentlemen, and DDA-compliant WC's. Rear access via Websters Way for deliveries, with 2 parking spaces.

Other Information

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