Restaurant/cafe for sale in Valley Hill, Loughton IG10

Offers in region of £150,000 (£64.38/sq. ft)
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Restaurant/cafe for sale

2,330 sq. ft*

Property features

  • 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

Property description

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.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Essex and Suffolk Business Sales, CO6 on +44 1268 987023 * (local rate)

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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 Essex and Suffolk Business Sales, and do not constitute property particulars. Please contact Essex and Suffolk Business Sales 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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