£179,500

Restaurant for sale

  1. Property photo 1 of 8.
  2. Property photo 2 of 8.
  3. Property photo 3 of 8.
Retirement

£179,500

Restaurant for sale

Licensed Seafront Cafe/Restaurant, Westcliff-On-Sea SS0

Local area information

Property location

Nearby amenities

  • Westcliff 0.2 miles
  • Ocean Lodge Independent School (SEN) 0.3 miles
  • St Bernard's High School 0.3 miles
  • Southend Central 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Southend-On-Sea to find out more about the local area.

Features and description

A licensed seafront cafe/restaurant which our client has owned and operated since 2005, bringing the business to market with a genuine reason for sale due to retirement. The premises is fantastically presented throughout with a full complement of fixtures, fittings and equipment included within the sale price. This premises benefits from a storage arch at the end of the parade which are highly desirable as there are limited numbers of those for the number of businesses there. Benefitting from low overheads along with zero business rates payable, this really is a fantastic opportunity. We really feel there is massive potential here and with uninterrupted sea views, we expect strong levels of interest so an early viewing is advised. Ref: RX277489 - C6757E

Location

The premises occupies a prime seafront position within the ever-popular Palmeira Arches, Westcliff-on-Sea. The premises benefits from lay-by parking directly to the front, with high levels of parking all along the seafront which creates an enviable passing trade from locals, day-trippers and tourists

Tenure

New 10-year lease available with our client's current rent payable at £11,760 per annum exclusive for the cafe/restaurant premises and £1,638 per annum exclusive for the storage arch

Cafe/Restaurant

With outside forecourt seating for 4 covers, semi-permanent canopy with electric retractable roof, glazed frontage and single glazed entrance door leading into the canopy with decked-style flooring and currently arranged for 18 covers

Main Cafe Area

At the rear of the forecourt area is the main building with fascia board and roller shutter that opens up to lead into the main cafe area currently arranged for 18 covers with tiled flooring and hanging feature lighting. Around the middle left-hand side of the main area is a serve-over counter with counter-top till, telephone, 2-group coffee machine, coffee grinder and under-counter double display fridge

Kitchen

An opening from behind the main cafe area leads into the kitchen currently arranged to provide double stainless-steel sink, various stainless-steel prep tables, Lincat hot water dispenser, stainless-steel display shelving, commercial extractor system, Salamander grill, 4-hob oven, griddle, twin-basket fryer, 3-basket fryer, large chest freezer, 3 x microwaves, 4-slice toaster, Buffalo panini press, blender, 3 x under-counter fridges and 3 x under-counter freezers

Storage Arch

Located a few doors along the parade and equipped with 2 large fridges and a chest freezer.

Staff & Trading Hours

The business is run by 2 vendors on a full-time basis, with the assistance of 2 part-time/casual members of staff. 9 am to 3 pm, 7 days a week, however, as with seafront businesses, this is seasonal where certain days will open later and certain days will close earlier, weather dependent. We are advised these hours are unrestricted so it leaves massive potential for a purchaser to increase these hours, which in turn would increase the turnover

Turnover

Turnover information will be disclosed to seriously interested applicants on viewing the business

Business Rates

The premises is subject to a rateable value of £10,500 resulting in zero business rates payable should small business rate relief apply to a purchaser

Legal Costs

Each party are to be responsible for their own, with the landlord's legal costs involved in the surrendering of the existing leases to be the responsibility of the vendor and the landlord's legal costs involved in the granting of the new leases to be the responsibility of the purchaser

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Westcliff-on-Sea
  5. Palmeira Parade

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.