Restaurant for sale
Property description & features
- Tenure: Leasehold (11 years remaining)
Property Details:
Location: Ingatestone High Street, Essex
Type: Restaurant/Bar
Size: Spacious 1241sq. ft. (approx.)
Lease Term: 8 years remaining on current lease (£1750pcm incl VAT)
Licensing: Fully licensed for both alcohol and food service. Mon - Sunday 8am to 11pm (up to 12.30am Fri and Sat)
Turnover: Previous turnover was in the region of £3000-£4000 per week (the owner has not been operational in 2024 due to personal circumstances)
Additional features:
Prime Location: Situated in the heart of Ingatestone, surrounded by popular shops, offices, and residential areas, ensuring a steady flow of customers.
Modern Design: Recently renovated with stylish interiors, including a welcoming bar area, comfortable dining space, and a cozy lounge section.
Fully Equipped Kitchen: State-of-the-art kitchen with high-quality appliances, ready for immediate operation.
Parking: Convenient on-street parking and nearby public parking facilities.
Versatile Space: Ideal for a variety of dining concepts, from casual eateries to fine dining, and adaptable for hosting events and private functions.
High Footfall Area: Benefit from the constant flow of locals and visitors.
Turnkey Operation: Step into a fully operational and successful business.
Growth Opportunities: Expand the menu, introduce special events, or develop a delivery service to increase revenue.
This restaurant/bar has established a loyal customer base and enjoys a strong reputation within the community. The prime location, combined with the stylish setting and excellent facilities, provides an exceptional foundation for continued success and growth.
Don't miss out on this exceptional business opportunity in Ingatestone. For more details or to arrange a viewing, please contact Lux Homes
Tenure: Leasehold (11 years)
Commercial restaurant, A3 licence, 11 years remaining on the lease. Lessees want a 65k premium.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference CS0001. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lux Homes - Hornchurch.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.