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Westcliff On Sea Essex Restaurant For Sale

Essex, UK
Asking Price:
£695,000
Turnover:
Available on request
Net Profit:
Available on request

A well regarded & long established Portuguese restaurant has been trading for over 40 years,, with 55–60 covers. some 1,400 sq. ft. overall with an impressive frontage. Self-contained 2 bedroom flat let with an income of £1,000.

A separate and stylish air B&B business produces additional income.

The Property:

All measurements are approximate, and were measured on a gross internal basis.

Three adjoining seating areas of 213 sq. ft., 201 sq. ft., and 123 sq. ft. Bar/Servery: 190 sq. ft. behind which are a wine store, general store & laundry room with staff WC facilities. Ladies & gentlemen's. Fully equipped commercial kitchen & adjoining prep room with walk-in coldroom in a total of some 478 sq.ft. Rear yard with store and fire escape access.

Upper Parts:

Flat (36 St. Helens Road). Comprising a self-contained 2 bedroom flat with a lounge, kitchen, bathroom, & WC. Let on an AST with a rental income of £1,000 .

Air B&B (32a St Helens Road). An elegant arrangement of domestic space with 2 bedrooms, a lounge, a kitchen, a bathroom, & WC. Rates as 'exceptional' with a score of 9.7 on Booking.com

Business Rates:

The most recent rating assessment shows an adopted value of £12,500, resulting in Rates payable of approx. £6,250.

Legal Fees:
Each party is to be responsible for their own legal fees.

Property Information

Property:

Freehold

Living Accommodation:

Upper Parts: Flat (36 St Helens Road). Comprising a self-contained 2 bedroom flat with a lounge, kitchen, bathroom & WC. Let on an AST with a rental income of £1,000pm.

Air B&B (32a St Helens Road). An elegant arrangement of domestic space with 2 bedrooms, lounge, kitchen, bathroom & WC. Rates as 'exceptional' with a score of 9.7 on Booking.com

Energy Performance Rating:
D

Business Operation

Trading hours:

Closed Mondays. Tuesday to Saturday 5pm till 11pm. Sunday 1pm till 7.30pm.

Employees:
Staff:The Restaurant is operated by a full time manager, chef, waiter and 2 part time staff.

Other Information

Related Documents: