High Street, Hornchurch, RM11
£167.53 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
776 sq ft
72 sq m
- SECTOR
Restaurant for sale
Key features
- Delightful Part Grade II Listed Building
- Just Outside Core Town Centre
- Covers For 60 max
- Approx. 776 Sq.Ft. Overall
- Rear Parking Facilities
- In Same Family Hands 30 Years
Description
Within a part grade II listed building, comprising a 60 max cover Restaurant which has been in the same family hands for 30+ years. Open over a 5 day week and showing an operating profit of over £47,000! Just outside the core Town centre and nestled between a renowned Oriental Restaurant & Prezzo.
Property
A part grade II listed building, the ground floor in approx. 776 sq.ft., the seating area accounting for 562 sq.ft. of this, the balance being the kitchen 205 sq.ft. plus storage & ladies & gents WC's. A loft which is accessed via a loft ladder only provides further storage of some 267 sq.ft. To the rear there is shared parking with a Restaurant next door, for 6 vehicles, on a 'first come first served' basis.
Features
Delightful Part Grade II Listed Building Just Outside Core Town Centre Covers For 60 max Approx. 776 Sq.Ft. Overall Rear Parking Facilities In Same Family Hands 30 Years
Trading Accounts
The accounts of the business for the year to 31st October 2023 show sales of £317,076 with an operating profit of £47,610.
Hours
The Restaurant is open Wednesday to Saturday from 5pm till 10pm and on Sundays from 12 noon till 4pm.
Staff
The business is run by a husband & wife partnership with 3 full time and 3 part time staff.
Tenure/Rent
Leasehold. A renewable lease granted from the 25th March 2006 until the 7th December 2030 at a passing rent of £20,000pa.
Business Rates
The most recent rating assessment shows an adopted value of £19,000 resulting in Business Rates payable of approx. £8,500pa less any transitional relief.
Legal Fees
Both parties are to be responsible for their own legal fees.
Brochures
High Street, Hornchurch, RM11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Emerson Park Station0.5 miles
- Upminster Bridge Station0.6 miles
- Hornchurch Station0.6 miles
About Dedman Gray Property Consultants Limited, Thorpe Bay
13 Nelson Street Southend-On-Sea SS1 1EF
Notes
Disclaimer - Property reference DBS220038. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dedman Gray Property Consultants Limited, Thorpe Bay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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