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Leasehold

£185,000

Restaurant for sale

Cafe, Westcliff-On-Sea SS0

£185,000

Restaurant for sale
Cafe, Westcliff-On-Sea SS0

    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.

      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

      Rent

      Currently payable at £12,000 per annum exclusive

      Turnover

      Estimated turnover based on the past trading figures £350,000-£450,000 with gross profit margins of around 68%

      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

      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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