Restaurant/cafe for sale in Hamlet Court Road, Westcliff-On-Sea SS0

£150,000
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Restaurant/cafe for sale

Property description

Looking to own your own authentic Italian restaurant? Introducing a fantastically presented restaurant for sale in Westcliff-on-Sea. Offering approximately 1,978 sq. Ft. This elegant Italian restaurant boasts a stunning interior from top to bottom! With the first restaurant having opened in 1974 in Sicily, its recipes were transported to the UK in 1987 and have continued ever since! This fantastic restaurant retains many of its original features including the high vaulted ceilings, large double glazed windows with light flooding through and carefully thought out stylish décor. Being located only a stones throw from the seafront, your customers can take advantage of a seafront stroll to walk off their meal whilst soaking up the spectacular coastal views. Boasting a strong established turnover which still leaves scope to increase further by extending the trading days and times. The restaurant has established an enviable reputation in the area, supported by a 5* Trip Advisor rating, 4.9* Google Review and 4.5* Just Eat rating. Whist continuing as an Italian restaurant is an option, the premises could easily transition to accommodate other cuisines if required. Don't miss out on this fantastic opportunity! RX368237

Location

Located in an exceptional trading location, nestled along a bustling high street type location in the heart of Westcliff-on-Sea, this establishment enjoys a constant flow of both pedestrian and vehicular traffic. Surrounded by a diverse range of businesses, such as a pub, barber shop, and Sainsbury's Local, it benefits from a vibrant local community and constant activity

Tenure

New lease available for a term to be agreed at a commencing rental of £28,000 per annum exclusive

Premises

The building was erected in 1901 as The Capital and Counties Bank Ltd, and in 1929 it became The Lloyds Bank, and remained as that until 1993 when it was transformed into a restaurant.

A charming end of terrace corner plot, boasting a stylish facia board and a sleek traditional frontage, inviting customers into a spacious premises measuring approximately 1,978 sq. Ft.

Upon entering, you will find yourself in the large restaurant area with capacity for 80 covers, you will also discover a bespoke bar, a fully equipped immaculate commercial kitchen, ladies, gents and staff WC's in addition to an extensive cellar rea for storage

Trading Hours

Tuesday - Saturday 12 pm- 2:30 then 4 pm - 10:30 pm, Sunday 12pm - 8 pm. Closed Monday. The Premises Licence allows for the sale of alcohol for consumption on or off the premises, late night refreshments, live & recorded music and dancing

Staff

The business is run by the vendor on a full-time basis, with the assistance of 4 full time and 2 part time members of staff

Turnover

We are advised the turnover averages approximately £8,000 per week working to the usual high gross profit margins associated with the trade

Business Rates

The premises is subject to a rateable value of £16,000

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction

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

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Gilbert & Rose Commercial, SS9 on +44 1702 787467 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gilbert & Rose Commercial, and do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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