£220,000

Restaurant for sale

  1. Property photo 1 of 1.
Business

£220,000

(£280.25/sq. ft)

Restaurant for sale

Essex SS6

785 sq. ft

Local area information

Property location

Nearby amenities

  • Rayleigh Primary School 0.2 miles
  • The FitzWimarc School 0.3 miles
  • Rayleigh 0.3 miles
  • Hockley 2.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Rayleigh to find out more about the local area.

Features and description

  • High street location
  • 5-bedroom accommodation with separate access
  • Total area circa 785.76 sq. Ft
  • Circa 60 covers bar & restaurant
  • Fully fitted commercial kitchen
  • Premises Licence in place
  • 5-Star Food Hygiene Rating
Turkish Restaurant for sale in Essex with 5-Bed Accommodation

Property id: Rps-22392

proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features


High street location
5-bedroom accommodation with separate access
Total area circa 785.76 sq. Ft
Circa 60 covers bar & restaurant
Fully fitted commercial kitchen
Premises Licence in place
5-Star Food Hygiene Rating

landlord’s requirements

Guarantor may be required (subject to references)
9 month's rent deposit required (subject to references)
Other usual checks will be carried out
Lease details


Lease: Ending August 2032 (Inside lta 1954 Act)
Passing Rent: £25,500 pax
Rent Review: Every 5 years
Next Rent Review: August 2027
Premium: £220,000 (Business, Lease & fixtures and fittings)
The premises


Total Area Circa 785.76 sq. Ft
Covers: Circa 60
Fully Fitted Commercial Kitchen
Benefits from gas & extraction
Premises Licence in place
5-Star Food Hygiene Rating
EPC Rating: B
Rateable Value: 14,750
Payable Rates: Circa £7,360.25/annum
The business


Gross Revenue: We have been informed that the business generates gross revenue of circa £23,000 - 25,000/week including circa £12,000-13,000/week from Delivery Business.
Our client manages the restaurant with 5 kitchen staff, 5-7 foh & 4 delivery drivers.
The location


Essex
High Street Location
Viewings & confidentiality


All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer


The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Rayleigh
  5. Eastwood Road