Business For Sale

 

Summary

  • BUSINESS FOR SALE
  • 10 MINUTE WALK TO LEIGH ON SEA
  • POPULAR LOCATION
  • 8 YEAR LEASE REMAINING
  • OFFERS IN EXCESS OF £200,000

Accommodation

The accommodation comprises the following areas:

Building Typesq ftsq mAvailability
Restaurant 1,040 96.62 Available
Foodshack, 52 High Street - IMG20250507WA0003.jpg

Location

Ayers & Cruiks are excited to bring to the market this well-established restaurant in the bustling High Street of Old Leigh. Being situated only moments from the start of the High Street, the FoodShack experiences fantastic levels of pedestrian footfall all year round and has joined the likes of The Peterboat, The Crooked Billet and Ye Old Smack as a popular establishment for those visiting Old Leigh.

Get directions from Google Maps

Further Information

Price Offers in excess of £200,000

Rates Payable Interested parties are advised to confirm the rating liability with Southend City Council on 01702 215000

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days


Description

Our client has instructed us to seek a buyer for this prominent business. The business is currently leasing the premises for a term of 15 years, which expires 11th June 2033. The passing rent is currently £22,000 per annum and is due to increase £1,000 per year until 14th June 2028.

Internally, the premises is finished to a very high standard and offers a spacious dining area that allows for 32 covers. There is also a well-located terrace overlooking the High Street itself which allows for an additional 24 covers externally.

The kitchen equipment comprises of a 6-ring gas hob, triple vat, grill, rational oven, dishwasher, pot wash and stainless-steel food preparation surfaces with cold/freezer storage drawers.

Please enquire for further details and accounts