Property photos
Retirement
Offers over
£70,000
Restaurant for sale
London Road, Grays RM20Local area information
Property location
Nearby amenities
- Harris Primary Academy Mayflower 0.4 miles
- Harris Primary Academy Chafford Hundred 0.4 miles
- Chafford Hundred Lakeside 0.7 miles
- Grays 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Are you ready to sink your teeth into a delicious business venture? Look no further! We present to you an irresistible opportunity to own a thriving sandwich shop nestled in the heart of Grays, Essex. With a solid reputation for quality and service, this business is ripe for growth. Genuine reason for sale, due to retirement after 34 years trading. Whether you're an experienced entrepreneur or a passionate foodie looking to make your mark, this turnkey operation is ready for you to take the reins and elevate it to new heights. The business boasts lucrative contracts with other business establishments, adding to its allure. Our client has built up a fantastic reputation over her period of ownership supported by a 4.5* Google Review. The business has a strong established turnover which has immense potential for further growth by simply extending the trading days and times, introducing a delivery service on platforms like Just Eat, and expanding on the products offered like adding a coffee machine. Viewing is highly recommended to fully appreciate the opportunity at hand. RX384950
Location
The premises is located in an enviable position that benefits from high levels of passing trade conveniently situated in a very built up mixed residential and commercial area, filled with numerous homes, industrial units and offices providing high levels of trade
Tenure
Lease until 15th December 2031 at a current rental of £12,000 per annum exclusive
Premises
An end of terrace retail shop with facia board, glazed frontage and single glazed entrance door leading into the premises which measures approximately 228 sq. Ft and is arranged as follows:
Main sales area which measures approximately 12' 6" x 16' 7" = 209 sq.ft. With suspended ceiling, panel lighting, tiled walls and CCTV throughout. This area is equipped with a large upright display drinks fridge, 2 x chilled display serve over counters behind which is equipped with double buffalo panini press, double stainless steel sink, till system, ninja air fryer, kettle, oven, 3 x under counter freezer, 1 x under counter fridge, commercial microwave, heated display unit, meat slicer and wash hand basin. A door at the rear of this area leads through into a WC which measures approximately 6' 02" x 3' = 19 sq. Ft. With wash hand basin
Trading Hours
Monday - Friday 7am - 2 pm. Closed Saturday and Sunday
Staff
The business is run by the vendor on a full time basis, with the assistance of 2 full time and 2 part time members of staff
Turnover
We are advised turnover averages approximately £5,000 per week, working to the usual high gross profit margins associated with the trade
Business Rates
The premises is subject to a rateable value of £7,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party to be responsible for their own, with the landlords 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
Location
The premises is located in an enviable position that benefits from high levels of passing trade conveniently situated in a very built up mixed residential and commercial area, filled with numerous homes, industrial units and offices providing high levels of trade
Tenure
Lease until 15th December 2031 at a current rental of £12,000 per annum exclusive
Premises
An end of terrace retail shop with facia board, glazed frontage and single glazed entrance door leading into the premises which measures approximately 228 sq. Ft and is arranged as follows:
Main sales area which measures approximately 12' 6" x 16' 7" = 209 sq.ft. With suspended ceiling, panel lighting, tiled walls and CCTV throughout. This area is equipped with a large upright display drinks fridge, 2 x chilled display serve over counters behind which is equipped with double buffalo panini press, double stainless steel sink, till system, ninja air fryer, kettle, oven, 3 x under counter freezer, 1 x under counter fridge, commercial microwave, heated display unit, meat slicer and wash hand basin. A door at the rear of this area leads through into a WC which measures approximately 6' 02" x 3' = 19 sq. Ft. With wash hand basin
Trading Hours
Monday - Friday 7am - 2 pm. Closed Saturday and Sunday
Staff
The business is run by the vendor on a full time basis, with the assistance of 2 full time and 2 part time members of staff
Turnover
We are advised turnover averages approximately £5,000 per week, working to the usual high gross profit margins associated with the trade
Business Rates
The premises is subject to a rateable value of £7,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party to be responsible for their own, with the landlords 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
More information
Listed by
Gilbert & Rose Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.