Bar & Restaurant In Kent For Sale in Broadstairs- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale popular bar and restaurant, which was established in 1976 and has been in our clients' careful hands since 2005. The business is only now being placed on the market due to our clients' wish to emigrate. The business generates a turnover in the region of £312,000 per annum with a gross profit of 60% from the sale of beers and food on a 60/40 wet/dry split. The bar and restaurant is one of the busiest in Broadstairs and offers regular live music. The business benefits from an external courtyard for smokers. We feel this represents a unique opportunity to acquire such a popular bar and restaurant in one of the most beautiful areas of Kent and early discussions with Preferred Commercial must come highly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold Original length: 10 years Remaining: 6 years Review: every 5 years Rent: £27,500 per annum Free of tie

	Current Rent:	27500

	Living Accommodation:	Yes

	Details of Accommodation:	Double fronted bar and restaurant premises on a picturesque street leading to the harbour and benefiting from 3 bedroom living accommodation above. Briefly comprising: Ground Floor • Main entrance to bar and restaurant area fitted to suit trade, bar with 4 points of dispense, glass fronted bottle refrigerators, spirits display and electronic cash register, various bar stools, tables and chairs. • Commercial kitchen with stainless steel preparation tables, stainless steel double sink, various refrigerators and freezers, oven and hob and microwave oven. • Ladies WC • Gents WC • Access to rear courtyard Lower Ground Floor • Beer cellar fitted to suit trade First Floor • Lounge • Double bedroom • Double bedroom • Bathroom with shower cubicle and wash basin • Separate WC • Access to loft conversion (3rd bedroom) External • Rear courtyard with tables and chairs

	Location:	Harpers Bar and Restaurant occupies an ideal position on Harbour Street close to the seafront of Broadstairs, Kent. Harbour Street, as its name suggests, is one of the main routes to the harbour and offers a high daily footfall and much passing trade. The bar and restaurant overlook the harbour itself with excellent views from the first floor windows. Broadstairs is one of the most popular seaside towns on Kent's coast and is steeped in maritime history. The town lies approximately 75 miles to the east of London and is situated between Margate and Ramsgate. Broadstairs boasts easy access, with a railway station just a 10-minute walk from the beach and good road links to the M2 and M20, leading to the M25.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon: Closed
Tues - Thurs 5.30pm - 12.00am
Fri - Sat: 5.30pm - 12.00am
Sun: 1.00pm - 12.00am

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