Brentwood Restaurant In Prime High Street Location Offers Required Now | | Brentwood Essex | | NOW £70000 A wonderful restaurant serving British food in a major Essex town, with a prime location on the High Street | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54579 ADVERT IMPRESSIONS : 10,664 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | ASKING PRICE: | £105000 | ANNUAL RENT: | £21540 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REDUCED TO £70000!!!!!!!
Situated in a very busy trading location in a renowned Essex high street, the premises is part of a Grade II Listed building with original beams and charming features complimented by a comfortable and relaxed contemporary style. The restaurant has seating arrangements for up to seventy people situated over two floors.
The upstairs is ideal for renting separately for private functions, offering an excellent opportunity for further growth. This property could also lend itself to rearrangement to include a wine bar function downstairs with seating for restaurant purposes upstairs. Longer opening hours could also benefit this restaurant.
Financial
We understand the turnover averages in excess of £3,000 p.w. which in our opinion offers tremendous potential for further increase in the right hands.
We are told the premises are held on a secure renewable lease from a private landlord, the present lease having approx. 4½ years unexpired, at a rental of £21,540 p.a. exc. of rates, fixed for the remainder of the term.
Uniform business rates £8,990 p.a. approx.
Staffing
The business is at present operated by the partners, with 1 full time chef, 1 apprentice chef, 1 part time washer-up, plus 1 part time waitress.
Opening Hours
Tuesday to Saturday inclusive from 11 a.m. - 3 p.m. and 6 p.m. - late. | | | | | | FOR SALE | | | | | REFERENCE: | 004bregr / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |