Seafront Cafe Restaurant in Westcliff on Sea Essex - Alcohol Licence, 32-Year History, £11,300 PA Exclusive
Westcliff on Sea, Essex
- Status
FOR SALE
- Date Submitted:
20/06/22
- Advert ID
297243
- Reference
C6577E RX262305 / Rightbiz
- Call Agent:
- Leasehold: £114,950 (Stock at valuation)
- Rent: £11,300
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Prime Location
Business Details
SEAFRONT CAFE RESTAURANT WITH ALCOHOL LICENCE
SEAFRONT CAFE RESTAURANT WITH ALCOHOL LICENCE trading from a HIGH PROFILE POSITION in an ever increasing SOUGHT-AFTER PARADE which is EASILY IDENTIFIABLE and VERY WELL KNOWN often being referred to as 'THE ARCHES' located in WESTCLIFF-ON-SEA. Having been ESTABLISHED OVER 100 YEARS as an eaterie, the current FAMILY-RUN BUSINESS has operated under the SAME OWNERSHIP SINCE 1989 inclusive of 3 GENERATIONS and has come to market with a GENUINE REASON FOR SALE due to retirement. FIRST TIME FOR SALE IN 32 YEARS the business is WELL PRESENTED and includes a FULL COMPLEMENT OF EQUIPMENT. The premises are held on a SECURE COUNCIL LEASE at a current rental of ONLY £11,300 PER ANNUM EXCLUSIVE and further benefits from LOW OVERHEADS along with ZERO BUSINESS RATES PAYABLE. The financial information will be made available to seriously interested parties upon inspection of the business arranged by Gilbert & Rose and strictly by appointment only. 30 COVERS in a premises offering UNCAPPED POTENTIAL along with UNINTERRUPTED SEA VIEWS. We expected strong levels of interest so an EARLY VIEWING IS ADVISED. OUR REF: RX262305
Contact Agent
Listing Statistics
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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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