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CONFIDENTIAL
FOR SALE
656588
C0150E / Rightbiz
TEA ROOM & COFFEE SHOP WITH ALCOHOL LICENCE
PRICE: £99,999 Plus SAV
LOCATION: LEIGH-ON-SEA, ESSEX
REF: C0150E
ADVERT: (Only Available to Registered Applicants)
DESCRIPTION:
STRICTLY CONFIDENTIAL SALE
TEA ROOM & COFFEE SHOP WITH ALCOHOL LICENCE trading from an IMPOSING DOUBLE PREMISES situated in a HIGHLY SOUGHT-AFTER AREA of AFFLUENT LEIGH-ON-SEA, ESSEX, benefiting from ENVIABLE LEVELS OF PASSING TRADE and a strong established local customer base. The premises have been trading as an eatery for OVER 25 YEARS and have been operated under the SAME OWNERSHIP SINCE 2023 by our client, who originally acquired the business with the assistance of ESSEX AND SUFFOLK BUSINESS SALES. The business has established an excellent reputation and is RECOGNISABLE LOCALLY, whilst also being WELL KNOWN ACROSS THE COUNTY. This is supported by a 5-STAR FOOD HYGIENE RATING, along with a LOYAL & REGULAR CUSTOMER BASE and an increasingly popular reputation as a DESIRED VENUE FOR PRIVATE HIRE & PRIVATE FUNCTIONS. The premises are capable of accommodating 96 COVERS, comprising 66 INTERNAL COVERS AND 30 EXTERNAL COVERS, providing an excellent capacity for both everyday trading and private events. The premises are VERY WELL PRESENTED throughout and benefit from QUALITY FIXTURES & FITTINGS, together with a FULL COMPLEMENT OF EQUIPMENT, allowing an incoming purchaser to continue trading with minimal additional expenditure. The current business specialises in a TRADITIONAL TEA ROOM MENU, complemented by popular HOMEMADE ICE CREAM & CAKES, creating a distinctive offering which has helped establish the business within the local market. We are advised that average takings are £5,000 PER WEEK, with the premises held on a SECURE LEASE at a current rental of £31,860 PER ANNUM EXCLUSIVE. We are further advised that business rates are currently payable at approximately £803 PER MONTH. Whilst the business is already trading successfully, we believe there is FURTHER POTENTIAL TO INCREASE REVENUES & PROFITS. In particular, there may be scope, subject to planning and all necessary consents, to explore the installation of a FULL COMMERCIAL EXTRACTION SYSTEM, which could allow the introduction of an EVENING MENU and broaden the existing food offering. There is also potential to further develop the private hire and functions side of the business, utilising the substantial internal and external seating capacity. This represents a RARE OPPORTUNITY to acquire a WELL-ESTABLISHED & PROFITABLE BUSINESS with an enviable reputation, substantial trading footprint, multiple income opportunities and considerable scope for further development within one of Essex's most desirable coastal locations. ESSEX AND SUFFOLK BUSINESS SALES are delighted to be instructed as sole agents in the sale of this exceptional business and strongly recommend that an EARLY VIEWING IS ADVISED.
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
Get Solicitor
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