| (REF: R1080) Attractive Licensed Restaurant |
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| Seller Reference: |
R1080 |
| B4S Reference: |
21442 |
| Asking Price: |
£25,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Kent, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : Grade II Listed Building. We understand the property was built in approx. 1500.
This old established business has been in the same hands for the past 20 years and has been operated by the present owner as Greek cuisine, which could obviously be continued, and in our opinion there is potential for other types of cuisine, if desired.
Front area with space for 2 tables and 4 chairs (Licence Fee payable to the Council of £120 p.a).
ATTRACTIVE RESTAURANT with quality woodstrip floor, ceiling with wood strips, hanging lighting. Tables and chairs providing seating for 32 persons. Servery area with coffee machine.
Stairs to large room currently used for storage purposes, however, in our opinion having potential to provide an additional seating area, if desired.
Ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Ground floor level kitchen with quarry tiled floor, tiled walls. The equipment includes 6-burner gas cooker, gas grill, griddle, 2 deep fryers, stainless steel tables, 2 commercial microwave ovens, 1 stainless steel fridge, 1 upright deep freeze, fridge/freezer, double sink and drainer, dishwasher etc.
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 6 years unexpired from July, 2009 at a rental of £23,950 p.a. exclusive of rates up to July, 2012, with rent to be agreed thereafter.
Uniform Business Rates: £6,500 p.a. approx.
THIS OLD ESTABLISHED RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
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Location: |
Situated in an excellent trading position, opposite Debenhams, sought after, KENT |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Thursday inclusive - 12 noon - 2 p.m. & 6 p.m. - 10.30 p.m.
Friday & Saturday - 12 noon - 2 p.m. & 6 p.m. - 11 p.m.
NO SUNDAY TRADING |
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The business is at present operated by the vendor, who is a chef, with the assistance of 1 full time staff plus 4 part time students. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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