Licensed Turkish Restaurant in Kent For Sale

Situated in a parade, excellent trading position, KENT

Turnover £ 15,000
Price £225,000

Features

Spacious Newly Fitted Licensed Turkish Restaurant

IMPRESSIVE & SPACIOUS RESTAURANT in the region of 1,010 ft² with tiled floor, ceiling lighting. 2 air conditioning units. Tables & chairs providing seating for 52 persons. Cool display serveover counter, computerised system.

OPEN PLAN COOKING AREA with stainless steel extractor system, charcoal grill etc.

LEVEL PREPARATION KITCHEN with tiled floor & tiled walls, 1 deep freezer, 1 stainless steel fridge, double sink & drainer etc.

Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently is in the region of £15,000 p.w. (NO LIQUOR SALES INCLUDED) including takeaway & delivery, in our opinion offering tremendous potential for further development in the right hands.

Staff

At present operated by the vendor with the assistance of a relative on a part time basis. Staff employed 2 chefs, 1 kitchen porter plus 1 waiter.

Trading Hours

1 p.m. - 11 p.m. seven days per week

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £24,000 p.a.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 112,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote