Long Established Italian Restaurant Business with Accommodation, Southend on Sea

Amos Business Sales are selling this established Italian restaurant, trading successfully for nine years. This fully equipped business offers potential for 24 covers, al-fresco dining, and includes  first-floor accommodation. Huge potential under new dynamic ownership.

Wrought iron fenced off area providing space for Al-Fresco dining, the seller has accommodated 12 covers in this space during the warmer weather, access to premises:

Double shop front with central entrance door leading to:

Restaurant Area /

14'4 x 12'4

Space for 24 covers, range of seats and tables, coved and smooth plaster ceiling with inset spotlights,wall mounted air conditioning unit, wall mounted menu board, feature timber clad wall areas, tiled floor, open plan access to:

Counter and Service Area /

12'1 x 9'0

Reception counter, music system, electronic till and payment pad, freestanding storage unit with wood top for glassware and cutlery, tiled floor and wall areas, power points, shelving for Alcohol storage, glass front refrigeration unit, professional coffee machine, coved and smooth plastered ceiling, access to other rooms.

Cloakroom /

5'6 x 3'1

Feature timber clad walls, coats hanging space, tiled floor, coved and smooth plaster ceiling, access to:

Toilet /

5'5 x 4'3

White suite comprising of toilet and pedestal wash hand basin, tiled floor, double glazed window, smooth plaster ceiling, wall mounted hand wash dispenser.

Inner Hallway /

Staircase to first floor living area, tiled floor, textured ceiling.

Commercial Kitchen /

19'1 x 8'2

Fully equipped to include pizza oven, stainless steel preparation table, five ring gas burner and oven, extractor fan, deep double bowl sink unit with stainless steel storage area below, freestanding commercial refrigerator, freezer, additional stainless steel preparation table, microwave, various ancillary equipment, two double glazed windows, access door to rear, power points, tiled floor.

First Floor /

Bathroom /

11'1 x 8'1

Double glazed window to rear aspect, white bathroom suite, tiled floor, plastered ceiling.

Bedroom /

11'1 x 8'4

Double glazed window to rear aspect, fitted carpet, radiator, coved and textured ceiling, power points.

Lounge /

14'4 x 11'8

Two double glazed windows to front aspect, wood floor covering, feature fire surround, coved and textured ceiling, power points.

Outside /

The rear yard has access from the side and could be utilised for additional outside seating and eating, Wooden shed which measures 19'8 x 9'8 which is perfect for storage.

Terms of Lease /

The current lease has a term of nine years unexpired and is let at £10,800 per annum but we are advised that the rent will increase to £16,800 later this year. It should be noted that this rent includes the first floor living space as well.

Turnover /

Accounts are available on request to show banked income of £1000 per week. As an indication of the split between sit downs and takeaway our client advises that 70% of income is takeaway. This suggest a real opportunity for growth by increasing the current 6pm until 10pm opening hours and encouraging more customers to eat in.

Price /

The property is available to purchase at £49,995 for our clients business interest to include trading name, goodwill, all fixtures and fittings plus leasehold interest. The ingoing purchaser will be responsible for Landlords legal costs in transferring of the lease.

Viewing Strictly by prior appointment with the sellers agent, Amos Estates on 01702 207720