Southmonster Road, Chelmsford, CM3

For Sale : GBP 35000

Details

Property Type
525 sq ft

Description

Property Details: • Type: 525 sq ft • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Althorne Station • Distance to Station: 1.1 miles

Agent Information: • Address: 1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Full Description: This is a rare and ideal opportunity for individuals or couples looking to own and operate a successful catering business. With an enviable location, a captive audience, low overheads, and ample growth potential, an early viewing is strongly recommended to appreciate all that this unique opportunity has to offer. RX518537LocationNestled in the idyllic and affluent Essex village of Althorne, the Tea Rooms/Cafe is a central feature of the Winterdale Manor Estate. Situated within a private business centre, the premises benefit from good foot traffic due to their proximity to a popular children's nursery and the local village recreation ground, ensuring a steady stream of visitors throughout the week.The Vendor has also advised that there are plans to increase the volume of buildings within the site which can only gain in footfall.TenureCurrently a 5 year lease with approx 3.5 years remaining with a rental of £12,000 per annum exclusive.We understand a new lease may be available from the Landlord under separate negotiation.PremisesInterior: Open-plan layout accommodating 24+ internal covers. High-quality fixtures and fittings, air conditioning/heating, and durable commercial-grade LVT flooring throughout.Exterior: A picturesque courtyard setting with six picnic-style benches that provide seating for over 30 external covers.Kitchen/Prep Area: Fully equipped with essential appliances, including:Upright fridge, 3-door under-counter display fridge12-bottle wine fridge, double griddle, microwavePanini press, double ring hot plate, double air fryerChest freezer, dishwasher, two-group coffee machine, coffee grinderSink unit, hand wash sink, and a small extraction fanAdditional Facilities: Separate ladies and gents toilets with disabled access and baby change facilities, as well as secure storage for wet and dry stock.Please note: No commercial kitchen or large-scale extraction installations will be approved.Trading HoursMonday - Saturday 9am - 3pmClosed SundayThere is obvious potential to extend the opening hours and open for Sunday trade.Staff1 Full time working owner1 full time member of staff & 1 part time Saturday staff.TurnoverThe tea rooms generate an average weekly turnover of £1,500-£2,000, operating with high gross profit margins typical of the trade. There is substantial scope to increase turnover by extending trading days and hours and establishing a delivery service to capture additional market segments.Business RatesThe premises benefit from zero business rates payable, resulting in low operational overheads and maximizing profitability for the tenant.Legal CostsThe incoming tenant will be responsible for the landlord's costs associated with the granting of the lease.DisclaimerWhilst 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.

Location

Address
Southmonster Road, Chelmsford, CM3
City
Chelmsford

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Real Estate Broker
Gilbert and Rose Commercial, Essex Commercial
Brokerage
Gilbert and Rose Commercial, Essex Commercial
Profile Brokerage Website
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525 sq ft cafe
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