Thriving Italian Restaurant with Modern Decor, Prime Location in Essex for Sale
Buckhurst Hill, Essex
- Status
FOR SALE
- Advert ID
628069
- Leasehold: £75,000
- Rent: £22,500 (£1,875 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Town Centre location
- High Turnover
- Open Plan Trading Area
- Central Position in Affluent Village
Business Details
Beautiful Modern European Italian Restaurant for sale in Essex
Beautiful Modern European Italian Restaurant for sale in Essex
Italian Restaurant for Sale in Buckhurst Hill, Essex
We are pleased to present an established Italian restaurant business for sale, perfectly situated in the town center of Buckhurst Hill, Essex. This property is conveniently located just a minute's walk from the Central Line tube station and nearby bus stops, ensuring easy accessibility. The surrounding area boasts a wide variety of shops and amenities, making it a thriving spot for potential customers.
Property Details
The restaurant occupies a ground floor area of approximately 625 sq ft (58.1 sq m) and includes a seating area, food preparation area, and a well-equipped kitchen. The premises offer ample space with 38 covers inside and an additional 8 covers outside, perfect for alfresco dining under cozy umbrellas. The restaurant is fully fitted with professional-grade kitchen appliances and features a charming interior adorned with modern furnishings and ambient lighting. Additional highlights include:
- 3-phase electricity and gas supply
- Alcohol licence
- Air-conditioning
- Toilet facilities
- Welcoming bar area with a selection of beverages
Lease and Financial Information
The restaurant is held on a 25-year lease from 2018, with rent reviews every five years. The current passing rent is £22,500 per annum, with a leasehold price of £75,000. This thriving business has a high turnover, making it an attractive investment opportunity in a prime location.
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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.
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