Licensed Cafe Bistro in Essex For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Essex.

Turnover £ 9,500
Price £295,000

Features

Most Attractive Licenced Café Bistro

FORECOURT WITH SEATING FOR 16 PEOPLE.
5 STAR HYGIENE RATING.
Established 2017
It has licence for alcohol and music with an A3 licence.

DOUBLE FRONTED RESTAURANT PREMISES in the region of 1,200 ft² WITH CANOPY, capacity for 72 people with 25 tables and 50 chairs and outside it has a pergola which you can close fully depending of weather conditions and also with 7 tables and 14 chairs.

Front bar with 3 large bottle coolers, dessert cooler, Illy coffee machine, water boiler.

Large kitchen with flat grill 120 gas, charcoal grill, 4 burner gas hob, 4 freezers, 2 very large fridges, commercial dishwasher, panini toaster, toaster, large ovan, bottle cooler.

Stock Room

2 separate toilets with one of them being large for use of wheelchairs and also a baby changing unit in the large toilet.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 - £10,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the vendor with 2 full time chefs additional full time staff member with 3 part time staff.

Trading Hours

SUNDAY - THURSDAY 8am - 6pm
FRIDAY & SATURDAY 8am - 7pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £38,500 p.a.

Business Rates from April 2026 £12,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 147,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote