Broadway, Leigh-on-Sea, Essex, SS9
£155.68 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
440 sq ft
41 sq m
- SECTOR
Restaurant for sale
Key features
- Busy Location Opposite The Grand
- Same Hands For 14 Years
- Suit Small Family Team
- Self-Contained 1 Bedroom Flat
- Very Low Net Rent
- Rear Parking
Description
Comprising a very well equipped Cafe/Sandwich Bar/Coffee Shop occupying a busy trading location opposite The Grand. Approx. 440 sq.ft. overall with internal seating for 16 plus another 6 al-fresco. Self-contained 1 bedroom flat above let with an income of £10,740pa.
The Property
A regularly shaped property in a total of approx. 440 sq.ft. with internal seating for 16 people. (Outside/pavement seating for another 6 on two tables). Rear yard with vehicular access for deliveries and 2 parking spaces and WC.
Upper Parts
This comprises a self-contained 1 bedroom flat, accessed via the rear, with a lounge, kitchen & bathroom/WC, which is let on an AST with a rental income of £895pm (£10,740pa).
The Business
The business has been owned by our Clients since July 2010. The menu offers breakfasts, brunches, sandwiches & an array of cold & hot drinks.
Turnover
Since March 2024, sales have averaged £4,800 per week.
Trading Hours
Monday to Saturday 7.30am till 4pm. Sunday 9am till 3.30pm.
Tenure/Rent
Leasehold. Granted for 5 years from 16th July 2021. Rent £12,450pa, payable monthly at £1,037.50. Taking into account the rental income from the flat above, the net rent is only £1,710pa!
Business Rates
The most recent rating assessment shows a rateable value of £8,000. Qualifying occupants will therefore be able to claim 100% Small Business Rates Relief.
Viewing
All viewing arrangements are by appointment only, via Gerard Biagioni on .
Legal Fees
Each party is to be responsible for their own legal fees.
Brochures
Broadway, Leigh-on-Sea, Essex, SS9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chalkwell Station0.5 miles
- Leigh-on-Sea Station0.9 miles
- Westcliff Station1.3 miles
Notes
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