Restaurant/cafe for sale in High Street, Rayleigh SS6

Offers in region of £40,000
Interested in this property? Call +44 1702 787467 * or Request Details

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Restaurant/cafe for sale

Property description

Indulge in an incredible opportunity to own your own thriving Indian restaurant and takeaway business! Nestled in the heart of Rayleigh, this culinary gem boasts an authentic menu bursting with the rich flavours and vibrant spices. Take advantage of a fully equipped kitchen and restaurant, with well-trained staff ready to continue delivering exceptional service. With established suppliers and operational systems in place, you can hit the ground running and start turning profits from day one. Under our client's ownership, the business has garnered an excellent reputation, bolstered by an impressive 4.5-star rating on Just Eat. Moreover, it enjoys the added advantage of zero business rates payable. While maintaining its Indian Restaurant identity is an option, the premises could seamlessly transition to accommodate other culinary themes including Turkish, Chinese, Italian, Mexican to name a few

Location

The property enjoys a prime trading location in the affluent Rayleigh area, nestled within a well-established row of shops, just a mere 0.4 miles away from the mainline railway station. Surrounded by a diverse array of businesses such as banks, Boots Pharmacy, and pubs, it benefits from a bustling commercial environment

Tenure

20 year lease from 16th November 2010 at a rental of £12,000 per annum

Premises

A solitary entrance guides patrons through a stairwell to the elevated first-floor restaurant. On the left side, a well-appointed bar awaits, complete with a draft Cobra pump, till system, and alcohol display units. The spacious seating area accommodating 42 guests comfortably, features a blend of spotlighting and hanging lighting, laminate flooring, a speaker system, and the added comfort of air conditioning. Separate Ladies' and Gents' WC facilities are conveniently located. Adjacent to the seating area lies a small segmented storage space, furnished with a chest freezer and two triple display fridges

Kitchen

Through a door from this area, one enters the commercial kitchen characterised by tiled flooring and walls, along with a commercial extractor system. Equipped with essential appliances including two microwaves, an 8-burner range, tandoori oven, chest freezer, double stainless steel sink, large upright stainless steel fridge, large double stainless steel upright fridge, stainless steel prep table, plate warmer, and heated counter, this kitchen facilitates seamless culinary operations

Trading Hours

Friday & Saturday 5pm-11pm, Tuesday, Wednesday, Thursday & Sunday 5pm-10.30pm

Turnover

We are advised turnover averages £3,000 - £3,500 per week, working to the usual high gross profit margins associated with the trade

Business Rates

The premises are subject to a rateable value of £13,500

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction, with the landlord's legal costs to be split 50/50

Arrange Viewing

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

Contact Gilbert & Rose Commercial about this property

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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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