VACANT FORMER RESTAURANT & BAR
TO LET – MEASURING APPROX. 1,200 SQ. FT.
PRICE: £40,000 PER ANNUM – LEASEHOLD & £10,000 PREMIUM
LOCATION: BROADWAY, LEIGH ON SEA
REF: C0005E
VACANT FORMER RESTAURANT & BAR measuring approximately 1,200 SQ. FT. across 2 FLOORS occupying a HIGH-PROFILE PRIME POSITION benefitting from SEA VIEWS on THE BROADWAY, LEIGH-ON-SEA, one of ESSEX'S MOST SOUGHT-AFTER AND AFFLUENT COASTAL LOCATIONS. The premises enjoy exceptional prominence with extensive frontage, excellent visibility and HIGH LEVELS OF PASSING FOOTFALL AND VEHICULAR TRAFFIC, surrounded by an excellent mix of independent restaurants, bars, cafés, boutiques and national operators. The premises are WELL PRESENTED throughout and are arranged to comfortably accommodate 40+ COVERS. Subject to installation or equipment and soft furnishings the property represents a genuine TURNKEY OPPORTUNITY for an experienced operator or new business owner to commence trading with minimal additional capital expenditure. The premises would lend themselves to a WIDE VARIETY OF CUISINES and catering concepts, including restaurant, wine bar, cocktail bar, bistro, café or other hospitality uses, subject to any necessary landlord's consent and licensing requirements. We are advised that a NEW SECURE LEASE will be made available at an asking rental of £40,000 PER ANNUM EXCLUSIVE. We are further advised that the current business rates payable are approximately £8,400 PER ANNUM. Opportunities to acquire a licensed restaurant & bar in such a prominent location are exceptionally rare so here at ESSEX AND SUFFOLK BUSINESS SALES we anticipate a high level of interest and strongly recommend that an EARLY VIEWING IS ADVISED.
PLEASE NOTE: Offers are being sought in the region of £10,000 for the benefit of a lease in this location.
