Summary - RESTAURANT, BAR AND EVENT VENUE, Essex CM2 0ND
1 bed 1 bath Commercial Property
**Standout Features:**
- Highly successful restaurant, bar, and event venue with a turnover of £1,350,000.
- Diverse menu catering to vegans, vegetarians, and gluten-free diets.
- Expansive capacity with seating for 150 in the restaurant and 499 overall.
- Regular live entertainment: music, DJ nights, quizzes, and comedy shows.
- Asset register valued at approximately £100,000 included in the sale.
- Five-star FSA rating, signifying excellent food safety standards.
- Leasehold premises located in a vibrant, cosmopolitan area.
**Concise Summary:**
This prime commercial property in Essex offers a unique opportunity for investors eager to dive into the dynamic hospitality sector. Currently a successful restaurant, bar, and event venue, it boasts impressive annual revenue, an inclusive menu for diverse dietary needs, and a strong reputation reflected in its five-star FSA rating. The venue's significant capacity caters to large crowds, making it ideal for hosting events, live entertainment, and themed nights. The asking price of £550,000 includes valuable assets estimated at £100,000, ensuring a solid investment right from the start.
The property is situated in a bustling area with high pedestrian traffic, complemented by a wealth of nearby amenities like popular restaurants, shops, and excellent transport links—ideal for drawing in customers. However, prospective buyers should be aware of the local area's high crime rate, which might impact operational considerations and insurance premiums. Despite this drawback, the venue's unique offerings and established success present a compelling option for those looking to step into the flourishing hospitality market. Don't miss this chance to own a thriving business in a highly sought-after location!
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