Restaurant/cafe for sale in High Street, Southend-On-Sea SS1

Offers over £240,000 (£240,000/sq. ft)

Property details
Map & nearby

Restaurant/cafe for sale in High Street, Southend-On-Sea

Business for sale

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Restaurant/cafe for sale

1 sq. ft*

Property description

Franchise : Pepe’s Piri Piri
Address: 118-High street, Southend on sea, SS11JT
Renewable Lease :9 years
Rent £35k / annum
Business rates : £4.6k /annum
Turnover : £480K minimum
Average sales £45k /month
Weekdays 11am-10pm
Weekends 11am-11pm
Gross profit 70-75%
Franchise royalty and marketing £2585
Total investment at business £325k but asking price 240K+stock

Shop is fully refurbished to franchise standards by Head-office, everything is functional and in Woking.

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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

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