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(REF: R3183)  Attractive And Spacious Olde Worlde Licensed Restaurant (A3/A5 Use)
 
Seller Reference: R3183
B4S Reference: 32532
Asking Price: £65,000
Net Profit: Undisclosed
Sales Revenue: £182,000
Number of Staff: 2
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Kent, South East England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Established by the vendor in 2006 as Thai cuisine, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired.

Free Public Car Park approx. 100 yards from the Restaurant providing parking for 10/12 cars.

ATTRACTIVE 15TH CENTURY BUILDING with A3 use.

Forecourt area with parking for 1 car

Entrance to SPACIOUS RESTAURANT. Full gas fired central heating. Attractive wood strip floor, beamed ceiling plus beamed uprights, open fireplace. Wall and ceiling lighting. Tables and chairs providing seating for 38/40 persons. BAR, upright glass fronted wine/beer fridge, sink, glasswasher, hotplate cabinet.

Ladies and gentlemens cloakrooms each with w.c. and wash hand basin

Level kitchen with tiled floor. The equipment includes double sink and drainer, rice cooker, charcoal grill, double deep fryer, 5-burner Chinese cooker, 3-door stainless steel counter fridge, dishwasher, ice maker, sink and drainer, wash hand basin etc.

Dry goods store with chest deep freeze

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 5 years with rent to be agreed thereafter.

Uniform Business Rates: £3,500 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE LICENSED RESTAURANT IN THIS SOUGHT AFTER LOCALITY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation also with FULL GAS FIRED CENTRAL HEATING comprises:

First Floor
2 Large Rooms with beams
Private kitchen with fitted units plus Arga cooker
Access to first floor patio area with decking
Bathroom with bath, w.c. and wash hand basin

Second Floor
2 Additional Small Double Bedrooms
Additional bathroom

 
  Location: Busy road, sought after residential village, close to river, KENT.
  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   
  CLOSED ALL DAY MONDAY
Tuesday - 6 p.m. - 10.30 p.m. (last orders)
Wednesday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 10.30 p.m.
Sunday opening - 12 noon - 9.30 p.m.
  Summary of Staffing   
  The Restaurant is at present mainly staff run. Staff employed - Restaurant area - 1 full time supervisor/waiter plus 1 full time waiter. Kitchen area - 1 full time head chef plus 1 assistant chef. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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