£130,000
(£216.67/sq. ft)
Restaurant for saleCafe/Restaurant, Westcliff-On-Sea SS0
600 sq. ft
Leasehold
About this property
An outstanding opportunity to acquire a thriving licensed restaurant/café situated in the heart of Westcliff-on-Sea, occupying a highly sought-after and prominent seafront parade, well known for its high footfall and visibility.
The business has recently undergone an extensive refurbishment, completed to an exceptional standard throughout. Now available for sale due to genuine personal reasons, the premises are fully fitted with high-quality fixtures, fittings, and equipment-all included in the sale.
The business enjoys strong and consistent turnover, with significant potential for further growth by extending trading hours and introducing a delivery service, which the current owner has chosen not to implement so far.
However, the current owner is about to introduce a dark kitchen concept, opening the kitchen in the evenings for deliveries only in the evenings, which is expected to increase turnover substantially.
Early viewing is highly recommended to fully appreciate the quality and potential of this opportunity.
Our ref: RX601822
Location
The premises occupy a prime seafront position in the ever-popular Westcliff-on-Sea. It benefits from convenient lay-by parking directly in front, along with ample additional parking available along the seafront. This highly accessible location attracts strong passing trade from locals, daytrippers, and tourists alike
Turnover
Estimated turnover based on the past trading figures £350,000-£450,000 with gross profit margins of around 68%
Rent
Our client's current rent is payable at £12,000 per annum exclusive
Business Rates
The premises is subject to a rateable value of £10,000 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party are to be responsible for their own, with the landlord's legal costs to be split 50/50
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
The business has recently undergone an extensive refurbishment, completed to an exceptional standard throughout. Now available for sale due to genuine personal reasons, the premises are fully fitted with high-quality fixtures, fittings, and equipment-all included in the sale.
The business enjoys strong and consistent turnover, with significant potential for further growth by extending trading hours and introducing a delivery service, which the current owner has chosen not to implement so far.
However, the current owner is about to introduce a dark kitchen concept, opening the kitchen in the evenings for deliveries only in the evenings, which is expected to increase turnover substantially.
Early viewing is highly recommended to fully appreciate the quality and potential of this opportunity.
Our ref: RX601822
Location
The premises occupy a prime seafront position in the ever-popular Westcliff-on-Sea. It benefits from convenient lay-by parking directly in front, along with ample additional parking available along the seafront. This highly accessible location attracts strong passing trade from locals, daytrippers, and tourists alike
Turnover
Estimated turnover based on the past trading figures £350,000-£450,000 with gross profit margins of around 68%
Rent
Our client's current rent is payable at £12,000 per annum exclusive
Business Rates
The premises is subject to a rateable value of £10,000 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party are to be responsible for their own, with the landlord's legal costs to be split 50/50
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
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£650 per month
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