Description FOR SALE: Stylish Cocktail Bar in Leigh-on-Sea with Huge Growth Potential Presenting an exceptional opportunity to own a stunning, newly-fitted cocktail bar in the heart of Leigh-on-Sea! This high-end venue boasts a contemporary design and ambience, perfect for attracting both locals and visitors alike. Key Features: Prime Location: Situated in the bustling area of Leigh-on-Sea, a vibrant town with a thriving social scene. New Fit-Out: Recently renovated to an impeccable standard, with stylish décor, modern furnishings, and a fully-equipped bar. Current Trading Hours: Currently open only on Fridays and Saturdays, providing massive potential for expansion by extending hours throughout the week. Untapped Potential: Expand the food offering or convert the venue into a full-fledged restaurant to attract a wider audience and increase revenue streams. Fully Licensed: Ready-to-operate with all licenses in place, including a well-stocked bar. Fantastic Reviews: Boasting an excellent 4.7-star rating on Google and an impressive 5-star rating on TripAdvisor! Whether you’re looking to build on the existing cocktail lounge concept, introduce a wider food menu, or transition the space into a high-end restaurant, this opportunity offers limitless potential! Don’t miss out on this incredible chance to take over a turnkey business with room for growth. Enquire today! TENURE Approximately 3 years unexpired on the lease at a rental of £23,500 per annum exclusive. TRADING HOURS Only trades Friday & Saturday 12pm-1am. STAFF The business is run full under management with the assistance of 9 members of staff. BUSINESS RATES The premises is subject to a rateable value of £9,900 resulting in zero business rates payable, should small business rate relief apply to a purchaser. LEGAL COSTS Each party are to be responsible for their own, with the landlords legal costs to be split 50/50 based on an assignment. If a new lease is required, each party are to pay their own, with the landlords costs involved in the surrendering of the existing lease to be the responsibility of the vendor and the landlords costs involved in the granting of a new lease to be the responsibility of the purchaser. 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.