Busy Town Centre Restaurant & Takeaway in Southend on Sea Essex for Sale
Southend on Sea, Essex
- Status
SOLD / WITHDRAWN
- Date Submitted:
26/01/24
- Advert ID
605665
- Leasehold: £69,950
- Rent: £15,000
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: On request
Key Features
- Price Reduced
- Established Business
- Potential for Alternative Use
- Open Plan Trading Area
- Attractive Business
- High Turnover
- Town Centre location
- Split Level Trading Area
- Small Business
- Close to Local Amenities
- Prime Location
- Fully Fitted
Business Details
Attractive town centre busy restaurant & takeaway for sale
Popular well-fitted trading town centre restaurant for sale in Southend On Sea known for serving true authentic Thai street food, draught beer & great cocktails in a relaxed atmosphere. Boasting great reviews on Google, Just Eat & Uber Eats.
This is a very reluctant sale due to family reasons. The restaurant is in an excellent location with constant foot traffic day & night, surrounded by the high street, bars, restaurants, shops, uni & university living etc.
Sales range between 4-5k weekly with the usual great profit margins.
The restaurant has a well fitted commercial kitchen, extraction system & Store room.
Benefits from an excellent garden space that is a sun trap. There are only a few town centre bars/restaurants lucky enough to offer outside space and also outside seating in the front of the restaurant.
Rent £1250 per month and NIL Business rates.
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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.
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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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