FOR SALE
654012
Oxo Property is thrilled to present a charming Spanish restaurant located in the bustling heart of Brentwood High Street. This delightful establishment features a fully equipped kitchen, ample seating for 56 guests spread over two floors, and a fully operational bar. Its strategic location within an affluent area ensures a strong customer base, making it an attractive investment opportunity for aspiring restaurateurs.
Currently operating as a Spanish tapas restaurant, this venue can easily adapt to a variety of cuisines under the right stewardship, allowing for flexibility and creativity in menu offerings. The inviting and spacious dining atmosphere enhances the experience for patrons, blending rustic décor with modern touches for a unique dining environment.
The property boasts several appealing features that enhance its overall charm and functionality. The restaurant enjoys:
Having been established for eight years, the business has gained valuable experience, and the current owner has successfully managed it for one year. The sale includes all fixtures, fittings, and equipment, providing a turn-key solution for new owners. Additionally, the restaurant has a strong online presence, active on both Instagram and Facebook, which helps attract a wider audience.
Key Details
This Mediterranean restaurant is on the market for a leasehold price of £80,000, with an impressive annual turnover of £350,000 and a yearly rent of £27,000.
Viewing Recommendations
We highly recommend arranging a viewing to fully appreciate this well-established and operational restaurant. Its well-presented dining area, strong local following, and the potential for breakfast trade or other dining concepts make it an excellent prospect. Surrounded by a variety of businesses, the restaurant exudes traditional character and charm, making it a standout option for anyone looking to enter the thriving food industry in Brentwood.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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