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Licensed restaurant for sale on London Road in Hadleigh, Essex with versatile layout.

Hadleigh, Essex
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LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 1
LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 2
LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 3
LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 4
LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 5
LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX Photo 6
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LICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEXLICENSED RESTAURANT - LONDON ROAD, HADLEIGH, ESSEX
  • Leasehold: £79,995
  • Rent: £23,000 (£1,917 per month)
  • Turnover: On request
  • Profit: On request

Business Details

LICENSED RESTAURANT LONDON ROAD, HADLEIGH, ESSEX

Location - A well-established restaurant occupying a prominent position on this busy main road (A13, London Road), surrounded by a dense parade of other well-patronised retail, eating and drinking establishments. The premises benefit from a large glazed double-fronted frontage, excellent passing trade and footfall, and sit within a densely populated residential catchment area with good on-street and lay-by parking nearby.

The Premises - A terraced ground and first floor property with a large glazed frontage and fascia board. The glazed entrance leads into a welcoming reception/waiting area with staircase to the first floor, and through to the main RESTAURANT providing comfortable seating attractively decorated throughout with ceiling-mounted air conditioning.
BAR AREA fitted with a built-in bar with wooden top, back-bar optics and bottle display, draught beer dispense (Cobra), wine and spirit storage, glass racking and service area.
TRADE KITCHEN fitted with commercial extraction canopy, gas cooking range/burners, twin-basket fryer, stainless steel preparation tables and spice/masala station, wash-hand basin and service pass through to the restaurant.
FURTHER PREPARATION & COLD STORE with upright stainless steel fridges/freezers, additional preparation surfaces,  and dry goods storage, tiled flooring throughout.
SEPARATE CUSTOMER TOILETS, external bin storage, and rear access.

First Floor - accommodation currently arranged and let as letting rooms, generating additional income (see Tenure/Income below). But was previously overflow seating for the restaurant.

 

The Business

●    STYLISHLY PRESENTED throughout with a contemporary, high-quality fit-out
●    45 COMFORTABLE COVERS across a well laid-out ground floor restaurant
●    BUILT-IN FEATURE BAR serving draught and bottled beers, wines and spirits
●    GENUINE REASON FOR SALE and offering excellent scope for a hands-on owner-operator to grow turnover further
Currently trading successfully as a licensed Indian restaurant and takeaway, the business is presented to a high standard with rich, characterful decor including exposed brick feature walls, statement pendant lighting,

banquette and leather tub-chair seating, and eye-catching Indian-inspired styling. The layout and fit-out are versatile and would equally suit an incoming owner wishing to continue trading as an Indian restaurant, or to re-concept the space for another cuisine, or as a stylish bar/lounge given the existing built-in bar, glazed frontage and prominent road position.

Staff - The business is currently run by an owner-operator, supported by a chef and 4 part-time front of house staff, keeping overheads lean and offering a straightforward handover for an incoming hands-on owner.

Trading Hours - Currently trading evenings, with flexibility for an incoming owner to extend hours/days and introduce lunchtime trade.

Monday - Closed
Tuesday - Thursday 5.30pm - 10pm
Friday - Saturday 5.30pm - 11pm
Sunday 1pm - 9pm

Tenure - Licence to assign with approximately 6 years remaining at a current passing rent of £23,000 per annum.

 

 

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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.

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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.

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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.

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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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