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Reference R3068
Situated in a parade, excellent main road trading position, ESSEX
Price £249,999
Features
Fast Food Restaurant (specialising In Chicken and Pizzas) and Takeaway with Scope For Online Delivery
4 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES, in the region of 600 ft², WITH ELECTRIC SHUTTERS, CCTV (8 cameras) Tiled flooring, suspended ceiling with spot lights.
Tables and chairs seating 14 customers.
Sales counter, EPOS cash register, soft drinks fridge, fountain soda machine.
OPEN PLAN KITCHEN - Stainless steel extractor, double basket deep fat fryer, 2 Henny Penny chicken gcookers, Rational gas steamer, Pizza oven single deck, gas), 4 burner grill, bun toaster, microwave, hot display cabinet, 2 burger preparation tables with fridge beneath, double sink and drainer, stainless steel preparation table, dough mixer, etc,
Walkin cold room.
Walkin freezer.
Stairs to basement.
Staff cloakroom with toilet and wash hand basin.
Office.
Store room.
Turnover
We are advised by the vendor the business enjoys a lucrative turnover which, we understand, the vendor will discuss on inspection.
We are advised there is potential to increase sales with the introduction of online sales (Uber, Just Eat, etc.)
Staff
The business is at present operated by the vendor with 3 full time and 2 part time staff.
Trading Hours
7 Day week
SUNDAY - THURSDAY 12 noon - 1 a.m.
FRIDAY & SATURDAY 12 noon - 2 a.m.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SUB-LEASE (private landlord) granted for 21 years in 2016 with reviews every 3 years (next review 2028) at a current rent of £17,000 p.a.
Business Rates from April 2026 TBC (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £249,999 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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