Restaurant/cafe for sale in High Street, Burnham-On-Crouch CM0, £125,000

125,000.00

Offer Nr.:
64797743
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Gilbert & Rose Commercial
Phone(s):
01702 787467

* Leasehold
A3/A5 riverside cafe with takeaway kiosk & accommodation trading from an
imposing corner premises location on the high street that is grade II listed
that also benefits from river views along with parking & external seating. The
business was established in the 1990's and has been operated by our client
under the same ownership since 2017 who has brought the business to market
with a genuine reason for sale. The premises benefits from a 5* food hygiene
rating can comfortably accommodate 72+ covers (36+ External & 32+ Internal)
and is being sold with a full complement of equipment. Offering a wide and
varied A3 menu that includes but is not limited to full breakfasts,
sandwiches, paninis, toasties, baked potatoes, classic lunches, salads,
ploughmans, smashed burgers, afternoon tea, homemade cakes, lighter bites and
a children's option. The A3 menu is is complemented by a gelato & thick shakes
offering which is also available from the takeaway kiosk window, which really
does create a captive audience. Our clients have built up a highly enviable
reputation with 5 star reviews and is supported by a loyal & regular
clientele. We feel there is huge scope to further increase revenues by
extending the opening hours/day, introducing theme nights, private hire and a
delivery service. Rarely does such a profitable business of this type, in this
location become available so an early viewing is advised. Our ref: RX258142 -
C6723E
**Location**
The business is located on the high street, directly on the waterfront of the
River Crouch in Burnham - on - Crouch. Burnham - on - Crouch is a town within the
Maldon district of Essex and is recognised as one of Britain's leading places
for yachting. Being placed on the high street and waterfront, the business
experiences highly enviable levels of footfall and vehicular passing trade
**Exterior Front**
Exterior front - An imposing two - storey, semi - detached, Grade II listed
property, benefitting from period features, weatherboard - type cladding, wood -
framed, cottage - style and sash windows that is fully - alarmed and has CCTV.
Externally, the premises has a separate courtyard along the river wall, used
as private car parking and seating to comfortably accommodate 6 x 6 - seater
benches. The premises has well - designed display signage, embossed signage and
logo, along with wall - mounted display signs and a wall - mounted hanging swing
display sign. Externally, the business has a designated ice cream and
milkshake takeaway kiosk serving window
**Cafe Entrance**
Cafe entrance - Main door entrance leads you into the customer serving area
with the main till serving station and this is where you are waited to be
seated. This area is equipped with wall - mounted chalkboard display menus, an
upright drinks display fridge, and a serve - over display with cake domes above.
Towards the rear of the till serving reception area, a couple of steps lead to
the ice cream & milkshake takeaway kiosk with window serving station
**Milkshake & Ice Cream Takeaway**
Fully equipped with an 8 - pot gelato serve - over ice cream freezer, a double
slush machine, under - counter fridge milkshake blender, 2 - group coffee machine
and a coffee grinder. On the right - hand side of the cafe entrance area an open
doorway leads you to the seating area which accommodates 12+ Covers. An open
doorway from this seating area leads you to the main seating area: Which has
part - panelled wood design on the interior walls, exposed beams, wall - mounted
feature lights, an open fireplace and comfortably accommodating 20+ Covers.
From this area, a door to a small gravel terrace can be used as additional
seating and this area runs parallel to the river wall
**Prep Kitchen**
Fully - equipped with a double panini press, a 6 - slice toaster, 2 under - counter
fridges, an upright fridge, commercial dishwasher and a sink unit. Towards the
rear of the prep kitchen is the main hot food kitchen area fully equipped with
4 - pot Bain Marie, 4 - ring electric hob, oven and grill, large sink unit, under -
counter fridge, large griddle, 2 under - counter freezers, 2 x microwaves, a
double deep fat fryer with commercial extraction and several stainless steel
prep counters
**First Floor**
Internal staircase to split - level landing, stairs left and right. Stairs left
provide access to a secure store with racking and shelving, further equipped
with an under - counter freezer, an upright fridge - freezer, an upright freezer
and an under - counter freezer. Stairs right provide access to staff/customer
toilets. The first floor also has an additional store further equipped with a
washing machine, a tumble - dryer and 4 upright freezers.
An internal door to the private accommodation provides access direct into the
lounge area, a further door leading to master bedroom with internal door to
storage and a separate internal door to a reduced - height en - suite bathroom
with separate toilet and hand wash basin
**Tenure**
We are advised the premises are held on a secure 10 - year lease with
approximately 8 years unexpired, at a current rental of £15, 500 per annum
exclusive, inclusive of the first floor accommodation. The large car park and
external seating area is under a separate agreement with a separate landlord
and is held on a 12 - monthly agreement that is chargeable at £208. 33 per
calendar month
**Trading Hours**
The business currently trades Tuesday through to Sunday 8 am to 3/3. 30pm often
trades later in the summer months to keep up with customer demand. The
business is currently closed on Mondays, but this is out of choice by our
client, as we are advised that trading days and hours are unrestricted. The
business is run by the vendor, with the assistance of a full complement of
staff
**Turnover**
Turnover on the latest set of accounts for the year ending 5th of April 2022
show net sales of £258, 444 and a gross profit margin of approximately 67%,
yielding adjusted net profits in excess of £62, 000. Full financial information
will be disclosed at our client's discretion, on or after a meeting
**Business Rates**
The premises are subject to a rateable value of £7, 600 resulting in zero
business rates payable. The additional car parking and external seating area
have rates payable of £220 per annum
**Legal Costs**
Each party are to be responsible for their own legal costs incurred in the
transaction, with the landlord's reasonable legal costs to be split 50/50
**Disclaimer**
Whilst every care is taken to ensure that these particulars are correct,
accuracy is no way guaranteed and none of the information supplied forms part
of any contract. Acceptance of these particulars constitutes a contract to the
effect that all negotiations for the business or property will be made through
Gilbert & Rose otherwise the purchaser will be equally responsible with the
vendor for damages equal to the amount of our commission

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: