Library Bar, High Street, Ingatestone

Seize this rare opportunity to own a thriving restaurant/bar in the bustling and picturesque village of Ingatestone. Located on the prominent High Street, this establishment enjoys high foot traffic, excellent visibility, and a vibrant local community eager for dining and social experiences.

Property Details:
Location: Ingatestone High Street, Essex
Type: Restaurant/Bar
Size: Spacious 1241sq. ft. (approx.)
Lease Term: 8 years remaining on current lease (£1750pcm incl VAT)
Licensing: Fully licensed for both alcohol and food service. Mon - Sunday 8am to 11pm (up to 12.30am Fri and Sat)
Turnover: Previous turnover was in the region of £3000-£4000 per week (the owner has not been operational in 2024 due to personal circumstances)

Additional features:
Prime Location: Situated in the heart of Ingatestone, surrounded by popular shops, offices, and residential areas, ensuring a steady flow of customers.
Modern Design: Recently renovated with stylish interiors, including a welcoming bar area, comfortable dining space, and a cozy lounge section.
Fully Equipped Kitchen: State-of-the-art kitchen with high-quality appliances, ready for immediate operation.
Parking: Convenient on-street parking and nearby public parking facilities.
Versatile Space: Ideal for a variety of dining concepts, from casual eateries to fine dining, and adaptable for hosting events and private functions.
High Footfall Area: Benefit from the constant flow of locals and visitors.
Turnkey Operation: Step into a fully operational and successful business.
Growth Opportunities: Expand the menu, introduce special events, or develop a delivery service to increase revenue.

This restaurant/bar has established a loyal customer base and enjoys a strong reputation within the community. The prime location, combined with the stylish setting and excellent facilities, provides an exceptional foundation for continued success and growth.

Don't miss out on this exceptional business opportunity in Ingatestone. For more details or to arrange a viewing, please contact Lux Homes

Tenure: Leasehold (11 years)
Commercial restaurant, A3 licence, 11 years remaining on the lease. Lessees want a 65k premium.