Former Wine/Cocktail Bar & Private Function Venue – suitable for variety of uses & cuisines in Ingatestone, Essex

Assigned Agent
Location
Price
POA
  • Price POA
  • Agent Neil Mansell
  • Property type Bar
  • Reference EX3826
  • Contract type Leasehold
  • Location Ingatestone
  • Listing categories Pub / Bar, Restaurant / Cafe

SUMMARY

Until recently the business was operated as a wine/cocktail bar and private function venue. It offers flexibility for a number of different set ups for daytime and evening trade. There is an open plan restaurant area with a large bar area to the rear of the property and access through to a small commercial kitchen with the added benefit of a basement cellar. A lot of money has been spent on fit out in recent years and is offered in excellent condition and could be opened and ready to trade from day one. In the right hands and with the right business model this is an excellent opportunity for someone to develop a successful business.

 

LOCATION

A prominent corner location on the High Street set within the affluent village of Ingatestone, which has a population of approximately 5,000 and is a main commuter town with many people travelling into London on a daily basis for work. Located close to the main areas of Brentwood (5 miles) & Chelmsford (6 miles) the venue is ideally situated for a larger catchment area. The village is accessible from the A12 and also on the main train line into London Liverpool Street (30 mins).

 

THE PROPERTY

Accessed directly off the High Street this is a ground floor bar/restaurant which has been fitted out to a very high standard in recent years. The building is full of character and make this an attractive setting. The open plan restaurant area has potential for 25 – 30 covers (depending on layout) however the previous occupier used the venue for private functions and parties of up to 60 people.

There is a large bar area to the rear of the property which provides access to the small commercial kitchen. The main restaurant and bar area is approximately 580 sq.ft. The commercial kitchen is approx. 70 sq.ft.

Customer toilets are also on the ground floor and there is shared access to a basement cellar.

 

BUSINESS

All equipment which is used for the day to day

operation of the business is included.

A new lease can be offered to the incoming tenant at an annual rent of £17,500 + VAT. Lease length, break clauses and rent reviews to be agreed.

The Premises License permits the sale of alcohol (for consumption both on and off the premises), live music and late night refreshments from Monday to Sunday inclusive, from 10am until 11.30pm, extended until midnight on Friday and Saturday. Late night refreshments are also permitted Monday to Sunday inclusive from 11pm until 5am the following day.

 

BUSINESS RATES

The Rateable Value (RV) is £8,000. Please see the Valuation Office Agency website at www.voa.gov.uk for more information.

 

PRICE

To include leasehold premises, fixtures & fittings: £POA (Price on Application)

The EPC Rating is ‘D’.

  • Address 1 Upper Chase
    Chelmsford
    Essex
    CM2 0BN

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