Restaurant/cafe for sale in Seafront, Essex SS1

Seafront bar & restaurant with accommodation

Price: £149,000 plus sav– leasehold
location – seafront, essex
ref: C0048E

seafront bar & restaurant with accommodation occupying a high-profile position in this highly sought-after affluent area that is uniquely located on the seafront - essex. The premises has 36+ covers and benefits from uninterrupted sea views along with being surrounded by hotels & guest houses. The business has been established as an eaterie over 25 years and had significant investment in 2021 with a major refurbishment undertaken 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. The business is ranked high on google, tripadvisor & fork supported by a loyal & regular clientele. Now mainly 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 £7,000 - £10,000 per week working to limited hours, therefore offering plenty of scope. The premises are held on a secure lease at a current rental of only £17,500 per annum inclusive of the 2/3 bedroom self contained flat. We are further advised business rates payable are £270 per month. We expect strong levels of interest, so an early viewing is advised by sole agents Essex and Suffolk business sales.