We are pleased to offer the opportunity to acquire a thriving bar/restaurant business situated in a fantastic trading position just off Southend High Street. This well-established venue enjoys excellent visibility and is ideally located to take advantage of the bustling local trade and vibrant nightlife.
Key Features:
Premises: Approx. 2,450 sq ft of well-presented space, offering a versatile layout that can be tailored to suit a variety of dining and drinking concepts.
Location: Highly sought-after location just off Southend High Street, ensuring consistent customer flow and visibility from key areas.
Fully Equipped: The premises are fully equipped with a commercial kitchen, stylish bar area, and ample seating arrangements for patrons.
Trading History: A strong and loyal customer base, with potential for further growth and expansion.
Alcohol Licence: The premises is licensed for the sale of alcohol 11 am until 12 am, 7 days a week.
Turnkey Opportunity: Ready for immediate operation with all fixtures, fittings, and goodwill included in the sale.
Why Buy This Business?
Prime location in a thriving area with high foot traffic.
A well-established business with an excellent reputation.
Ideal for a new owner to continue or enhance the current offering, or to create a new concept.
Suitable for a range of uses – whether you are looking to expand an existing hospitality business or start something fresh.
Additional Features:
This venue is also incredibly popular for private hire events, offering a versatile space perfect for a wide range of occasions, including corporate events, birthdays, celebrations, and more. The current owners have built a strong reputation for providing excellent service and creating memorable events, with the potential for further expansion of this lucrative revenue stream. With its flexible layout and stylish ambiance, the venue is well-suited for hosting both intimate gatherings and larger parties, making it an attractive choice for local residents and businesses alike.
In addition to its private hire success, the business benefits from a fantastic reputation in the local community, supported by an outstanding 4.8-star Google review rating. This exceptional feedback is a testament to the high level of customer satisfaction and the quality of service provided. Such positive reviews make it easier to continue attracting loyal customers and new business.
Genuine reason for sale due to other business interests in another sector.
This is a fantastic opportunity to acquire a great business in one of Southend's most desirable locations. Don't miss out – contact us today for more details and to arrange a viewing. RX546480
Location
The premises is situated in a fantastic trading location just off the main High Street in Southend-on-Sea. It can either be accessed via a walkway off the high street, alternatively the terrace decked area have gates that open into a large car park which services the high street giving a purchaser enviable levels of visibility and footfall.
Tenure
We are advised there are approximately 19 years remaining on the lease, at a current rental of £27,000 per annum exclusive, with rent reviews every 5 years.
Premises
An end of terrace premises with fascia board, awning over and single glazed entrance door leading into the premises which measures approximately 2,450 sq ft. and is arranged as follows:
Main Bar Area
Currently arranged to provide ? internal covers, however, could accommodate more if required, hanging-style feature lighting, air conditioned throughout, 5 x wall-mounted TVs, laminate flooring, shuffle board, centrally-located U-shaped bar with beer taps behind which is arranged to provide display shelving, 2 x triple under-counter display fridges, 1 x double under-counter display fridge, 1 x Heineken fridge, glass washer, stainless steel sink, till system, 2 group coffee machine and coffee grinder. To the right-hand side by the entrance door are separate Ladies, Gents & Disabled WCs with baby-changing facilities. Further up on the right-hand side are stairs to a slightly elevated seating area.
Cellar
A door at the rear of the bar leads into a cellar housing the beer kegs racking and dishwasher.
Commercial Kitchen
A door to the right of the elevated seating area leads into a commercial kitchen which is currently arranged to provide stainless-steel sink, commercial dishwasher, various stainless-steel prep tables, stainless-steel prep table with under-counter refrigeration x 2, large upright stainless-steel fridge, large upright stainless-steel freezer, wash-hand basin, pizza oven, large commercial extractor system, twin-basket fryer, single-basket fryer, griddle, 4-burner induction hob, toaster, microwave and Houno oven.
Store Room
An opening at the rear of the kitchen area leads into a store room currently equipped with 2 x chest freezers, 2 x small fridges, microwave and racking.
External Area
Back in the bar area, the other side of the premises from the kitchen are glazed bi-folding doors leading outside to decked external seating area with awning over, this area can accommodate a comfortable 50 covers. At the rear of this area are 2 double gates that when opened, open into a large CAR PARK which provides an owner enviable levels of visibility and passing trade.
Trading Hours
We are advised the premises is licensed for the sale of alcohol from 11 am until 12 am, 7 days a week. The business is currently trading Wednesday 12–5 pm, Thursday 12–5 pm, Friday 12 pm–12 am, Saturday 11 am–12 am, Sunday 12–6 pm, closed Monday & Tuesday. These hours can differ depending on private hire bookings.
Business Rates
The premises is subject to a rateable value of £30,000.
Legal Costs
Each party are to be responsible for their own legal costs, 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.
Bar/Nightclub
For Sale
2,450 SQ FT
