£100,000
(£92.17/sq. ft)
Restaurant for saleTakeaway, Southend On Sea SS1
1,085 sq. ft
Available immediately
Leasehold
About this property
This modern Pizza & Kebab Takeaway is a ready-to-go, highly equipped business situated in a prime location on Southchurch Road, Southend-on-Sea. Benefiting from excellent visibility and footfall, this vibrant area is a hub for commercial and residential activity, offering an ideal customer base for takeaway services
Location
Situated on the bustling Southchurch Road in Southend-on-Sea, the business benefits from excellent footfall and visibility. The property is located in a vibrant commercial and residential area with a mix of independent and national retailers, pub/bars, and residential. The business is within close proximity to local amenities and public transport links enhances the appeal of this location
Tenure
The property is held on a Full Repairing and Insuring (Fri) lease, which runs until 2036.
Current Rent: £750 per calendar month.
Rent Increase: Rising to £900 per calendar month starting in 2025 until the next rent review in 2029
Premises
A retail shop with facia board and extending awning, glazed frontage with night opening hatch, and glazed entrance door leading into the premises which measures approximately 1,085Sq. Ft. And is arranged a follows
Main Take-Away Area
Tiled floor with bar style seating, Serving counter with Epos till, hot display cabinet, chilled drinks display fridge, under counter fridge, corner handwash basin, 3x menu display screens, drinks blender
Open Kitchen Area
Custom Built Pizza Oven, stainless steel prep table, 6 burner gas hob and oven, 2x double pan fryers, 2x 4 Burner Rotating Kebab Grills, toastie press, 3 pan bain marie, double electric griddle, commercial full length commercial extraction system, work counter with chilled prep top,
Further prep area with 2x fridge freezers, stainless steel prep counter/unit
Staff Room / Office
Diner style seating, TV linked to CCTV system
Store Room
5'9 x 7'39 with racking
WC
With Low level WC and wash hand basin
Rear Main Kitchen
Walk in Freezer, chest freezer, ice cream display fridge, Stainless Steel commercial steamer, tiled walls and floors, gas boiler, commercial dough mixer, meat slicer, microwave, commercial oven, commercial double sink unit, single wash hand basin, fluorescent strip lighting, plus further catering equipment to trade. Door to rear
Trading Hours
7 Days Per Week
2pm - 10pm/ 12am - further scope to increase trading hours to benefit from the late night trade
Staff
The business is run by owner operator plus 2 full time staff and occasional weekend staff as needed
Turnover
We are advised turnover currently averages £4,500 p/w working to the usual profit margins.
Our Vendor has advised there is scope to increase the turnover by opening later, leafleting (which has not been done) and employing sole delivery drivers
Agents Notes
The business has been trading for 7 months and is genuinely being sold due to a partnership breakdown and our Vendors long daily commute.
The business was established at a considerable cost above and beyond the asking price and leaves further scope to boost trade and turnover.
Further benefits are CCTV, integrates sound system, alarm system and fully functional epos ordering/website system
Business Rates
The premises rateable value is £12,500 per annum
Legal Costs
Each party are to be responsible for their own legal cost incurred in the transaction
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
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
Location
Situated on the bustling Southchurch Road in Southend-on-Sea, the business benefits from excellent footfall and visibility. The property is located in a vibrant commercial and residential area with a mix of independent and national retailers, pub/bars, and residential. The business is within close proximity to local amenities and public transport links enhances the appeal of this location
Tenure
The property is held on a Full Repairing and Insuring (Fri) lease, which runs until 2036.
Current Rent: £750 per calendar month.
Rent Increase: Rising to £900 per calendar month starting in 2025 until the next rent review in 2029
Premises
A retail shop with facia board and extending awning, glazed frontage with night opening hatch, and glazed entrance door leading into the premises which measures approximately 1,085Sq. Ft. And is arranged a follows
Main Take-Away Area
Tiled floor with bar style seating, Serving counter with Epos till, hot display cabinet, chilled drinks display fridge, under counter fridge, corner handwash basin, 3x menu display screens, drinks blender
Open Kitchen Area
Custom Built Pizza Oven, stainless steel prep table, 6 burner gas hob and oven, 2x double pan fryers, 2x 4 Burner Rotating Kebab Grills, toastie press, 3 pan bain marie, double electric griddle, commercial full length commercial extraction system, work counter with chilled prep top,
Further prep area with 2x fridge freezers, stainless steel prep counter/unit
Staff Room / Office
Diner style seating, TV linked to CCTV system
Store Room
5'9 x 7'39 with racking
WC
With Low level WC and wash hand basin
Rear Main Kitchen
Walk in Freezer, chest freezer, ice cream display fridge, Stainless Steel commercial steamer, tiled walls and floors, gas boiler, commercial dough mixer, meat slicer, microwave, commercial oven, commercial double sink unit, single wash hand basin, fluorescent strip lighting, plus further catering equipment to trade. Door to rear
Trading Hours
7 Days Per Week
2pm - 10pm/ 12am - further scope to increase trading hours to benefit from the late night trade
Staff
The business is run by owner operator plus 2 full time staff and occasional weekend staff as needed
Turnover
We are advised turnover currently averages £4,500 p/w working to the usual profit margins.
Our Vendor has advised there is scope to increase the turnover by opening later, leafleting (which has not been done) and employing sole delivery drivers
Agents Notes
The business has been trading for 7 months and is genuinely being sold due to a partnership breakdown and our Vendors long daily commute.
The business was established at a considerable cost above and beyond the asking price and leaves further scope to boost trade and turnover.
Further benefits are CCTV, integrates sound system, alarm system and fully functional epos ordering/website system
Business Rates
The premises rateable value is £12,500 per annum
Legal Costs
Each party are to be responsible for their own legal cost incurred in the transaction
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
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
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Monthly repayment
£500 per month
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