Marine Parade, Southend-on-Sea, Essex, SS1
£65,000

Guide price

DESCRIPTION:

Situated on Southend's 'Golden Mile' surrounded by the City's world famous Amusement Arcades & Southend Pier. A long established Hot/Fast Food take away.

Property All dimensions are approximate and were measured on a gross internal basis. Main service/take away area 386 sq.ft. Prep area 291 sq.ft. Washing up/ancillary area 72 sq.ft. Rear Office 72 sq.ft. Ladies & Gents WC's. In addition an open yard providing storage space & escape in case of fire.

Trading Hours During the spring, Summer & Autumn months, these are from 12 noon till 1am the following day from Monday to Sunday. These are however, like most other seaside resorts, influenced during late Spring & Winter by weather conditions.

Turnover We are advised that these average some £100,000/£110,000 per annum.

Tenure Leasehold. Granted for 10 years from 28th May 2021.

Rent £15,000pa + VAT, payable quarterly at £3,750 + VAT, subject to a rent review on the 28th May 2026.

Business Rates The most recent Rating Assessment shows an adopted value of £15,750, resulting in Business Rates payable of some £7,875pa.

Legal Fees Each party is to be responsible for their own legal fees.

Viewing All viewing arrangements are via Dedman Gray Business Sales on 01702 311 037.

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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