| (REF: R3150) Attractive Well Fitted Licensed Restaurant |
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| Seller Reference: |
R3150 |
| B4S Reference: |
32039 |
| Asking Price: |
£54,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£104,000 |
| Number of Staff: |
Send enquiry for more details. |
| 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 : At present the cuisine is Persian plus some English food, catering for teas, coffees, snacks, lunches, evening meals.
SPACIOUS RESTAURANT with 3 windows plus 3 doors, woodstrip floor, ceiling with 3 attractive chandeliers plus wall lighting. Tables and chairs providing seating for 50 persons (can be increased). LARGE BAR with glass fronted double door counter fridge, wine fridge, sink, 2 small deep freezes.
OPEN PLAN KITCHEN AREA with tiled floor, stainless steel extractor unit, stainless steel cladding to cooking area, 8-burner gas cooker with 2 ovens, 2 double deep fryers, flat grill, 5 fridges, 2 deep freezes, double sink and drainer, dishwasher etc.
STAIRS TO LARGE BASEMENT in our opinion offering potential to develop a wine bar, subject to the necessary planning permission.
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 14¾ years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 9 months, due for rent review at that time, however, the present owner does not anticipate any major increase in the rental. We further understand the rent reviews are every 3 years.
Uniform Business Rates: £3,300 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £54,000 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: |
Courtyard at rear with brickbuilt store |
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Location: |
Situated in a parade, excellent trading position, just off the sea front and approximately 1 minutes walk from the High Street, 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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Tuesday - Sunday inclusive - 9.30 a.m. - 3 p.m. & 6 p.m. - 9.30 p.m.
CLOSED ALL DAY MONDAY |
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The business is at present operated by a husband and wife team with the assistance of their son plus part time staff when required. |
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