£99,000
(£42.49/sq. ft)
Restaurant for saleBetween Loughton & Chigwell IG10
2,330 sq. ft
Business
About this property
Established Business
Variety of Uses
Fully Licensed Premises
Attractive Business Opportunity
Genuine Reason For Sale
Affluent Area
Full Complement Of Equipment Included
Just reduced
Call essex and suffolk business sales now
Just reduced daytime restaurant with alcohol licence
Ref C0034E
price just reduced for quick sale £99,000 leasehold
Location between loughton & chigwell essex
Just reduced daytime restaurant / cafe with alcohol licence occupying a prime trading position in this highly sought after & affluent essex town, that is uniquely located between loughton & chigwell. The premises are located on the ground floor of a major office block and is directly opposite A retail park which is home to all the main retailers. The business has been established over 20 years and has recently undergone a £100,0000 refurbishment in 2023 by my client who has brought it to market with a genuine reason for sale. The business is exceptionally well presented, furnished with quality fixtures and fittings and is being sold with a full complement of equipment. Now staff run we believe this offers huge potential for a hands-on owner operator to significantly increase revenues. We are advised the current takings average in excess of £5,000 per week working to limited hours, therefore offering plenty of scope. The premises are held on a secure lease at a current rental of £35,000 per annum exclusive, plus VAT. We are further advised business rates payable are £863 per month. An early viewing is advised by sole agents Essex and Suffolk business sales.
Ref C0034E
price just reduced for quick sale £99,000 leasehold
Location between loughton & chigwell essex
Just reduced daytime restaurant / cafe with alcohol licence occupying a prime trading position in this highly sought after & affluent essex town, that is uniquely located between loughton & chigwell. The premises are located on the ground floor of a major office block and is directly opposite A retail park which is home to all the main retailers. The business has been established over 20 years and has recently undergone a £100,0000 refurbishment in 2023 by my client who has brought it to market with a genuine reason for sale. The business is exceptionally well presented, furnished with quality fixtures and fittings and is being sold with a full complement of equipment. Now staff run we believe this offers huge potential for a hands-on owner operator to significantly increase revenues. We are advised the current takings average in excess of £5,000 per week working to limited hours, therefore offering plenty of scope. The premises are held on a secure lease at a current rental of £35,000 per annum exclusive, plus VAT. We are further advised business rates payable are £863 per month. An early viewing is advised by sole agents Essex and Suffolk business sales.
.png){kind=logo}