FOR SALE (LEASEHOLD) WESTCLIFF ON SEA ESSEX RESTAURANT & BAR

Property Description

An elegant Restaurant & Bar in approx. 1,500 sq.ft. overall. The building is arranged to provide a perfect mix for both dining & drinking with a feature galleried mezzanine space which is ideal for private functions.

Property
A very attractive Restaurant/Bar in a total of approx. 1,500 sq.ft. The ground floor Restaurant/Bar provides 40 covers which could easily be increased to around 60. Feature Bar/Servery. Rear commercial fully equipped kitchen approx. 200 sq.ft. with adjoining pantry/preparation room and walk-in coldroom. Disabled persons toilet. Rear yard with a container store and parking for 2-3 cars. Spiral wrought iron staircase to the mezzanine Gallery overlooking the ground floor with casual seating for another 26. Behind this are the fully tiled ladies and gents toilets and an Office.

Turnover
These average £6,000/£7,000 per week including VAT.

Hours
Closed Mondays. Tuesday to Sunday 12 noon till 11pm.

Premises Licence
The Premises Licence permits the sale of alcohol, live and recorded music and dance. Alcohol may be sold Sunday to Wednesday 10am till midnight and Thursday to Saturday 10am till 1am the following day.

Tenure
Leasehold. Granted for 15 years from 11th July 2025.

Rent
£30,000pa until December 2028, then £36,000pa, rising annually by 1% for the rest of the term.

Business Rates
The 2017 valuation describes the property as Restaurant & Premises with a value of £12,750. This results in a liability of £6,336pa.

Legal Fees
The purchaser is to be responsible for the vendors legal fees.