Business Summary

LICENSED FREE OF TIE BAR SET ON BUSY MAIN ROAD
REF: PH/610
LEIGH-ON-SEA - £55,000 Leasehold + SAV


• RENT £17,000 PER ANNUM
• CURRENTLY STAFF RUN
• NEW NEGOTIABLE LEASE
• FANTASTIC LOCATION
• IDEAL FOR RESTAURANT
• 13 YEARS CURRENTLY OWNED
• WELL FITTED FOR TRADE
• POSSIBLE ACCOMMODATION
• 40 - 50 + INTERNAL COVERS
• MASSIVE POTENTIAL

Location:
The Bar is situated on a busy main road opposite a Bus Stop, in the ever popular and densely populated area of Leigh-On-Sea. The business has been a licenced Bar for some 25 years + with many locals returning time and time again. The premises also benefits from being one of the old units on the London Road that is licenced to sell alcohol.

The Business & Premises:
Our vendor has owned this business for the past 13 years and currently no longer takes any part in the running intrusting staff members with the day to day responsibilities. Although the business has been more profitable in the past when our vendor was at the helm it now relies on the repeat trade that the vendor build in its earlier year, sales only consists of wet sales and currently offers no food or additional events nights. The turnover achieved is purely based on no advertising and waiting for customers to come through the door. PPS feel that due to the above this business would suit more enthusiastic owners who could easily increase the turnover dramatically as given the size of the unit on offer and the potential to incorporate food surely is an opportunity not to be missed.

The Premises
Entered off street via an external enclosed low level brick wall giving room for 10 + covers with outside lighting, the bar is entered via porch and hard wood glazed doors, to the front wooden glazed by folding doors giving useful advertising space as well as the possibly to open fully in the summer months increasing the size and number of covers available. The first section of the premises is devoted to tables and chairs currently seating up to 25, smooth ceiling with down lights radiators to walls, plasma TV screens, solid oak flooring, and step to.

Bar
Smooth ceiling with down lights, air conditioning system, the Bar has been extended allowing for further covers via leather bar stools, rolled edge sparkle work surface, larger fonts. The business sells a wide range of premium larger, bitter, ciders and well known stouts, behind the bar there is a two double and two single drinks chiller cabinets, wide range of ample eye and base level shelving, coffee machine and grinder, till system, wall displays for snacks, three tray heated display cabinet, till system. Solid oak flooring, tiled immediately to bar. Separate door to individual male and female washrooms, corridor leading to back of premises.

Customer WC’s
Male : Two cubicles, three urinals, hand basins with mirror.
Female: Three cubicles, hand basins with mirror.

Rear Bar Area
This area is currently devoted to pool and darts, but could provide suitable room for a further 25 covers. Smooth ceiling, carpeted flooring, wall mounted mirror and memorabilia, air conditioning unit, pool table, fruit machines, dart board with chalk score board, jukebox, private door to.

Internal Hall to Kitchen & Cellar
This area gives access to the kitchen and cellar but also provides ample storage space as well as a rear double door exit allowing for the taking in of new stock such as beer barrels etc. Within this large hall there are a number of chest freezers, stainless steel work surfaces, stainless steel wall mounted cupboards. THIS ROOM COULD BE IDEAL TO EXPAND THE KITCHEN AREA.

Kitchen
Smooth ceiling, ride range of eye and base level units, roll edge work surface, stainless steel fridge, griddle, heated cutlery tray, stainless steel two bowl sink unit with drainer, wall mounted boiler, four ring gas cooker range with grill and oven, tiled flooring, two microwaves, fully tiled walls. We would urge any prospective viewer to view the extent of equipment on offer.

Cellar
Wall mounted connection for pumps, ample storage space

Tenure:
The business will be offered on a brand new negotiable lease with terms to be negotiated. Rent £17,000 per annum.

Accommodation:
There is the possibility for the interested purchasers to obtain a two bedroom flat that is above the bar on the first floor. This would be via separate negotiation with our vendor client.

Turnover:
CALL TO DETAILS : 01702 667111.

Business Rates:
TBC.

Staff:
The business is currently run by 3 part time and full time staff members.

Trading Hours:
The business is currently open between the hours of Monday to Saturday 1100 - 0000.

Legal Costs:
Each party to pay their own legal fees.

Price:
We are instructed by our Vendor Client to offer this truly genuine business for sale at a very realistic price of OFFERS IN EXCESS OF £55,000 to include the goodwill, new lease and impressive and comprehensive fixtures and fittings. Stock to be purchased at valuation.

Agents Note:
The Vendor’s SOLE AGENT highly recommends a viewing of this Bar. As rarely does a business of this high calibre become available and with the extremely generous rent this bar must be viewed by any serious buyer looking to acquire a successful bar or catering business.

Terms:
Each party, Vendor and Purchaser are responsible for their own legal fees

Viewing Arrangements:
By prior appointment with PPS on 01702 667111 / 020 3627 1110.

Property Details