Investment property for sale- established restaurant business with excellent reputation built up over 20 years

The restaurant entrance opens into a grand Victorian style conservatory which houses the reception & bar with its leather sofa & chairs.

Supporting these areas are male, female and disabled WC’s, office, staff WC, rear commercial kitchen, stores, prep kitchen and wash up areas.

Externally there is a courtyard patio (30/35 covers), plus marquee for private functions.

The Marquee is ideal for 2-50 guests, with separate bar area, WiFi for entertainment, including Bluetooth speakers. Suitable for weddings, anniversaries, birthday parties, wakes, afternoon teas and many more.

There are also 2 containers utilised for storage along with dedicated parking on site, providing easy with access for deliveries.

Measurements
The area of the site is approximately 0.266 acres and the ground floor footprint extends to 350 m² (3770 ft²). Title number: EX928957

Measurements are taken from digital mapping and are approximate.

Planning
We are advised that the property is not listed nor is it within a conservation area.

Purchasers are advised to make their own enquiries of the the local authority at Braintree District Council

Food Hygiene Rating 4. Tripadvisor ‘excellent’ rating 4.5/5

Tenure
The property is let to Blue Strawberry Restaurants Limited for a term of 21 years from 16th October 2015.

The passing rent is £80,000 pax, on FRI terms, with 5 yearly rent reviews. 16th October 2020 rent review remains outstanding. User clause is A3, Town and Country Planning (Use Class) Order 1987.

Freehold offers are sought in the region of £925,000 (plus VAT) with the benefit of the existing lease in place, with circa 11 years unexpired.

The Business
The Blue Strawberry is a well established business with enviable reputation built up over 20 years. The freehold property, subject to the lease, is being sold, not the business.

Rates & Charges
Rateable Value, as at 1st April 2023, is £28,000.