Daytime Restaurant with Alcohol Licence in Essex for Sale
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
17/03/24
- Advert ID
608356
- Reference
C0034E / Rightbiz
- Call Agent:
- Leasehold: £150,000 (Stock at valuation)
- Rent: £35,000
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Established Business
- Fully Fitted
- Offers Invited
- Free of Tie Leasehold
- Unique Business
- High Turnover
- Open Plan Trading Area
- Attractive Business
- Large Business for Sale
- Accounts Available
- Close to Local Amenities
- Adjacent to Multiple Retailers
Business Details
WELL ESTABLISHED DAYTIME RESTAURANT WITH ALCOHOL LICENCE LOCATED BETWEEN LOUGHTON & CHIGWELL
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.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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