£120,000

Restaurant for sale

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£120,000

Restaurant for sale

Leigh Road, Leigh-On-Sea SS9

Local area information

Property location

Nearby amenities

  • Leigh North Street Primary School 0.3 miles
  • West Leigh Junior School 0.3 miles
  • Leigh-on-Sea 0.8 miles
  • Chalkwell 0.8 miles

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

Features and description

An extraordinary opportunity to own an acclaimed Michelin Guide restaurant in the charming coastal town of Leigh-on-Sea. Known for its vibrant culinary scene and picturesque views, this restaurant offers a unique blend of fine dining and coastal charm.

About the Restaurant:

Reputation: Proudly featured in the Michelin Guide, the restaurant is renowned for its exceptional cuisine, impeccable service, and sophisticated ambiance.

Location: Ideally situated in the heart of Leigh-on-Sea, attracting both locals and tourists year-round. The restaurant enjoys high visibility and foot traffic.

Interior: Elegantly designed with high-quality furnishings and tasteful décor, creating an inviting and comfortable dining environment.

Menu: A carefully curated menu that showcases locally produced seasonal foods, with a focus on health, wellbeing, creativity and flavour. Inspired by the seasons, their menu changes daily based on the produce available, grown fresh, meaning they are always nutritionally beneficial.

Facilities: Fully equipped professional kitchen, stylish restaurant area, and modern restrooms.

Staff: A team of highly skilled and dedicated staff, including talented chefs and knowledgeable front-of-house personnel.

Business Highlights:

Turnkey Operation: Fully operational with all necessary licenses, and high-quality fixtures, fittings and equipment included in the sale.

Loyal Clientele: A solid base of repeat customers, rave reviews supported by a 4.5* Trip advisor rating and a 4.5* Google review, and a strong social media presence with 4,000 subscribers in addition to a strong following on Instagram and Facebook.

Why Buy This Restaurant?

Prestige: Owning a Michelin Guide restaurant is a testament to culinary excellence and provides a competitive edge in the hospitality industry.

Location: Leigh-on-Sea is a vibrant and thriving community, known for its cultural attractions and scenic beauty, offering a perfect setting for a high-end dining experience.

Growth Potential: Opportunities to expand the business with catering services, private events, and extended hours.

Don't miss out on this rare chance to own a piece of culinary excellence in Leigh-on-Sea. Step into a well-established, highly respected restaurant and continue its legacy of gastronomic success. For more details and to schedule a viewing, please contact us now

Location

Situated in a highly desirable location, along a bustling parade of shops in the affluent area of Leigh-on-Sea. The premises is surrounded by a diverse range of other business types including a Florist, Bridal wear shop and Co-Op to name a few. The location benefits from high levels of both footfall and vehicular passing trade

Tenure

We are advised there are approximately 3 years remaining on the lease at a rental of £13,000 per annum exclusive

Premises

Terrace retail shop, with forecourt seating for 2 covers, a board display external menu, frosted glazed bi-folding entrance doors to the front with separate single glazed entrance door to the left leading in to the premises which measures approximately 688 sq. Ft. And is arranged as follows:

Main restaurant area measuring approximately 434 sq.ft. With tiled flooring, stripped back feature brickwork walls, hanging feature lighting, various wall mounted wood display shelves, wall mounted drinks menu, air conditioned throughout, currently set out for a comfortable 24 covers but could accommodate more if required. To the back left hand side of this area is a sliding door which leads into a small cloakroom area measuring approximately 42 sq. Ft. With further door leading into a WC with wash hand basin. At the back right hand side of this area is a high reception desk with display shelving to the right hand side behind which is a under counter fridge, coffee machine and Kettle

Kitchen

An opening at the rear of this area leads into a kitchen measuring approximately 149 sq. Ft. With commercial extractor system over a hob range, a convotherm oven, various stainless steel prep tables, stainless steel wash hand basin, double stainless steel sink, stainless steel prep table with under counter refrigeration, glass washer, dish washer, blender, electric scales, dehydrator, large upright stainless steel fridge. An opening at the rear of this area leads into a rear store room measuring approximately 63 sq. Ft. With fridge freezer, various product display racking, mixer, a vacuum pack machine, icecream maker and a water bath. A door at the rear of this area leads outside where there is a small courtyard with large walk-in fridge.

Trading Hours

Thursday - Saturday 12 pm - 2:30 pm and 5:30 pm - 10 pm. Sunday 12 pm - 5 pm. Closed Monday - Wednesday. These hours leave massive scope for a purchaser to extend the trading days and times, which intern should greatly increase the turnover

Staff

1 full time chef, 2 other chef assistants casual, 2 washing up, full time manager and 4 casual table staff

Turnover

We are advised turnover averages £7,000-£7,500 per week

Business Rates

The premises is subject to a rateable value of £10,500 resulting in zero business rates payable should small business rate relief apply to a purchaser

Legal Costs

Each party to be responsible for their own, with the Landlords legal cost to be split 50/50 based on a Lease Assignment. If a new lease is granted, then each party to be responsible for their own with the Landlords legal cost involved in the surrendering of the existing lease to be the responsibility of the vendor and the Landlords legal cost involved in the granting of the new lease to be the responsibility of the purchaser

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Leigh-on-Sea
  5. Leigh Road

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