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Restaurant for sale

Library Bar, High Street, Ingatestone
Restaurant
Added > 14 days

Features and description

  • Tenure: Leasehold (11 years remaining)
Seize this rare opportunity to own a thriving restaurant/bar in the bustling and picturesque village of Ingatestone. Located on the prominent High Street, this establishment enjoys high foot traffic, excellent visibility, and a vibrant local community eager for dining and social experiences.

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.

Property information from this agent

About this agent

Lux Homes - Hornchurch
Lux Homes - Hornchurch
117 High Street Hornchurch, Essex RM11 1TX
01708 954269
Full profileProperty listings
Lux homes is proud to offer a premium real estate service at an affordable price. This means all the perks of a high street agent without that hefty price tag. We don’t believe selling your home should come with an unreasonable cost, which is why our fees are much fairer. We promise to deliver a first class stress free experience as an online agent and pass on the savings to you with no compromise on the quality of our service. With Lux Homes you can expect professional, reliable and experienced local property experts providing a personal face to face service partnered with a creative marketing package tailored to suit your needs and give your property the exposure it deserves. Unlike high street agents, we’re not restricted to 9-5 hours and our commitment to 100% client care means each client with Lux Homes will have a dedicated director who will always be reachable by mobile and email. Even if you just need a chat our reliable and professional team are continually available to provide ongoing support and help with every step. With an honest and professional approach, a passion for property and using the latest marketing technology Lux Homes is your go to estate agent for an unbeatable experience buying, selling or renting a property. Start your successful property story with Lux Homes Today!
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