Chelmsford City Centre Restaurant, Café, Bar. Currently closed

Assigned Agent
Location
Price
£ 44,000
  • Price £ 44,000
  • Agent Neil Mansell
  • Property type Cafe
  • Reference EX3815
  • Contract type Leasehold
  • Location Chelmsford
  • Listing categories Pub / Bar, Restaurant / Cafe

SUMMARY

The business was established in November 2018 and quickly established an excellent reputation, having built on the success of another business that the owner has in the area. Focusing on day time trade and selling coffee, cakes and light lunches the business grew quickly however it needs to be taken on to the next level including night time trade to enhance the offer for customers and to maximise the opportunities that the location of the property provides. The business is currently closed.

 

LOCATION

The restaurant is situated in the centre of the city of Chelmsford and located in the city centre part of Moulsham Street. The area is popular with other bars, restaurants & cafes nearby and is within short walking distance of the mainline train & bus station. Chelmsford is a thriving city with daytime trade from the local shops and businesses and a lively night time trade particularly at the weekends.

 

THE PROPERTY

This is a prominent 3 storey corner location in Chelmsford city centre. The property measures approximately 2,123 sq.ft including the first floor & second floor accommodation. The ground floor consists of the main seating area as well as serving counter and customer toilets with a maximum of 56 covers. The layout could easily be changed to set up for a bar. Internally there is a staircase to the first and second floor which is currently used for storage, kitchen facilities and offices. The owner has a license from the Council for outside seating along the main wall of the property.

 

BUSINESS

The business had been operating as a daytime café focusing on coffees, cakes and light lunches. The location and set up of the property is ideal to be open during the day and in the evening.

There is an alcohol license in place currently until 10pm although this can be extended.

The business was open on Monday to Sunday from 8am – 3pm.

The set-up of the property could suit a number of different uses and food styles. The outside seating provides extra capacity when the weather is better and in the right hands this is a great opportunity to develop a successful business in a busy city centre location.

 

BUSINESS RATES

The Rateable Value (RV) is £45,000. Please see the Valuation Office Agency website at www.voa.gov.uk for more information.

 

PRICE

To include leasehold premises, fixtures & fittings: £44,000

The EPC Rating is ‘D’.

  • Address 1 Upper Chase
    Chelmsford
    Essex
    CM2 0BN

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