Restaurant Business for sale in Broxbourne

Broxbourne, Hertfordshire, UK

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This business is marketed by

MW Chartered Surveyors View more business for sale by this agent

The premises are situated close to this busy junction of High Road Broxbourne and Station Road, which links, Cheshunt, Hoddesdon and Naezing. Broxbourne train station is a short walk away with services to Liverpool Street station. The premises comprise four adjoining shops units that have been combined to form one extensive restaurant that is well established and has been successfully trading for many years, benefitting from a loyal customer base and an entertainment licence until 2:00am from Mon-Sat. The restaurant has a comfortable reception/seating area with a long bar and access to customers’ toilets. In addition there is a small secondary preparation kitchen. Access in gained from the reception to a large open plan dining area with over 170 covers "approx". There are separate male and female toilet facilities leading off. There is a fully fitted commercial kitchen with large walk?in cold store and access to the rear. Bar area 54 sq m " 580 sq ft" approx. Dining area 225 sq m "2,420 sq ft" approx. Kitchen area 24 sq m "260 sq ft" approx. At the rear of the unit there are four allocated parking spaces and an access road for direct loading and unloading. The premises are held on a full repairing and insuring lease for a term of 25 years from 2009. The passing rent is £48,000 per annum plus VAT. Service charge £5,600 per annum. A premium is sought in the region of £350,000 for the goodwill, fixtures and fittings. Both parties’ legal costs to be paid by the ingoing tenant. View by appointment through MWCS. 

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business information

Sale price: £350,000
Tenure : Freehold
Status: Available
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