£150,000

Restaurant for sale

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Business

Offers in region of

£150,000

(£67.26/sq. ft)

Restaurant for sale

Valley Hill, Loughton IG10

2,330 sq. ft

Local area information

Property location

Nearby amenities

  • White Bridge Primary School 0.3 miles
  • Loughton 0.3 miles
  • Roding Valley High School 0.4 miles
  • Buckhurst Hill 1 mile

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

Features and description

  • Prime Location
  • Established Business
  • Fully Licensed Premises
  • Attractive Business
  • Fully Fitted
  • £100,000 Refurbishment in 2023
  • Staff Run
  • Call essex and suffolk business sales now
Daytime restaurant / cafe with alcohol licence occupying a prime trading position in this highly sought after & affluent essex town, that is uniquely located between loughton & chigwell. The premises are located on the ground floor of a major office block and is directly opposite A retail park which is home to all the main retailers. The business has been established over 20 years and has recently undergone a £100,0000 refurbishment in 2023 by my client who has brought it to market with a genuine reason for sale. The business is exceptionally well presented, furnished with quality fixtures and fittings and is being sold with a full complement of equipment. Now staff run we believe this offers huge potential for a hands-on owner operator to significantly increase revenues. We are advised the current takings average in excess of £5,000 per week working to limited hours, therefore offering plenty of scope. The premises are held on a secure lease at a current rental of £35,000 per annum exclusive, plus VAT. We are further advised business rates payable are £863 per month. An early viewing is advised by sole agents Essex and Suffolk business sales.

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Loughton
  6. Valley Hill

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