Restaurant

This is a rare opportunity to acquire a well-established restaurant and bar situated in the heart of Leigh on Sea, a vibrant and bustling coastal town known for its charming atmosphere and thriving dining scene. Located on a prime street with high foot traffic and excellent visibility, this venue is perfectly positioned to attract both locals and tourists.

Features:

Fully equipped commercial kitchen with modern appliances
Spacious internal dining area with seating for 76 guests
Stylish bar area with additional seating
Forecourt seating for a further 12 covers perfect for al fresco dining
High quality interior design with high-quality furnishings
Strong social media presence and excellent customer reviews
The restaurant and bar have built a loyal customer base and a reputation for exceptional food and service. There is significant potential for growth by expanding the menu, hosting special events, and extending opening hours. This is an ideal investment for an experienced restaurateur or a passionate entrepreneur looking to make their mark in the hospitality industry. Don’t miss this unique chance to own a thriving restaurant and bar in one of Essex’s most desirable locations. Act fast – opportunities like this don’t come around often! For more information or to arrange a viewing, please contact us now.  RX609410

Location

The premises is situated in a fantastic trading location, within the heart of Leigh-on-Sea offering high levels of footfall and vehicular passing trade. Leigh on Sea is a sought-after destination, with a vibrant affluent community, benefitting from excellent transport links, making it easily accessible from London and surrounding areas.

Tenure

16 Years unexpired on the lease at a current rental of £19,500 per annum exclusive.

Premises

Double fronted terrace shop with facia board, extending awning over a forecourt seating area which can accommodate 12 covers, glazed frontage and single glazed entrance door leading into the premises which measures approximately 1,700 sq ft and is arranged as follows:

Restaurant

MAIN RESTAURANT area with high ceilings, tiled flooring, feature brickwork walls, hanging feature lighting, a BAR on the left hand side as you enter with 6 bars stools, with the rest of the main restaurant area currently arranged to accommodate a comfortable 60 covers but can accommodate more if required. The premises benefit from being air conditioned throughout with an integrated sound system. Behind the bar area is a door which leads into a store cupboard and the bar is equipped with wine racking, beer taps, under counter display drinks fridge, 6 x under counter fridges, glass washer, stainless steel prep table, tasimo coffee machine, stainless steel sink and ice maker. At the back left hand side of this front area leads into a curtained off PRIVATE DINING AREA which is currently arranged for a further 16 covers.

Kitchen

There are two doors at the rear of the main restaurant area, one leads into a COMMERCIAL KITCHEN equipped with various stainless steel prep tables, chilled display counter with under counter refrigeration, commercial extractor system over 2 x large single basket fryers, induction hob, 2 x microwaves, Lincat convector oven, large upright stainless fridge, 2 x under counter freezers, 1 chest freezer, a second display refrigerated counter with under counter refrigeration, 4 slice toaster, heated pass through and another prep table with under counter refrigeration. A door at the rear of this area leads out to a small courtyard store area with large walk in fridge. The second door off the main restaurant area leads through to the 2 x WCs with wash hand basins.

Trading Hours

Wednesday - Saturday 12:30 pm - 11 pm, Sunday 12:30 pm - 7 pm, Closed Monday and Tuesday. The premises is licenced between the hours of 11 am and 11:30 pm, 7 days per week.

Staff

The business is run by the vendor on a full time basis, with the assistance of 1 full time manager, 1 full time chef and 6-7 casual members of staff.

Turnover

We are advised turnover averages £9,500 - £10,500 per week, working to the usual high gross profit margins associated with the trade. The business still leaves massive scope to increase on this established turnover by extending the trading days and times, in addition to potentially adding a takeaway/delivery service to the business.

Business Rates

We are advised the business rates are payable at £281 per month.

Legal Costs

Each party to be responsible for their own legal costs, with the landlords 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.