London Road, Leigh-on-Sea, Essex, SS9
£165,000

Guide price

DESCRIPTION:

A well regarded Licenced Burger/Fast Food Restaurant & Bar occupying a high profile corner location. In approx. 750 sq.ft. and with an impressive social media following having some 1,700 Facebook followers and an meven more impressive 8,000 followers on Instagram!

Turnover These average approx. £9,000pw, split evenly between Restaurant sales & deliveries.

Property Occupying a prominent corner location with return frontage in a total of approx. 754 sq.ft. Fitted and equipped to a high standard with internal covers for 28 plus another 8 externally. Ladies & gents WC's & store.

Upper Parts Our Clients have a separate agreement in respect of the 3 bedroom flat above which they sub-let producing a profit rent of £300pm.

Tenure The lease was granted for 9 years from September 2020 at a current rent of £6,000pa.

Business Rates The 2017 valuation shows an adopted value of £5,600. Being below the current threshold, qualifying occupiers will be able to claim 100% Business Rates Relief.

Trading Hours Monday to Saturday 9am till 9.30pm. Sunday 10am till 7.30pm.

Legal Fees Each party is to be responsible for their own legal fees.

Viewing All arrangements to view are via Dedman Gray on 01702 311 037.

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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