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Reference R9850

Impressive Licensed Japanese Restaurant in Kent For Sale

Impressive Licensed Japanese Restaurant in Kent For Sale
Impressive Licensed Japanese Restaurant in Kent For Sale Buy a Impressive Licensed Japanese Restaurant in Kent For Sale Sell a Impressive Licensed Japanese Restaurant in Kent For Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale Impressive Licensed Japanese Restaurant in Kent For Sale for Sale

Register to see map and to make an appointment Shopping centre locality, excellent trading position, residential, office and commercial area, KENT

Turnover £ 17,000
Price £280,000

Features

Impressive Licensed Japanese Restaurant & Takeaway

5 DAYS OPENING

IMPRESSIVE GLASS FRONTED PREMISES

FORECOURT which provides seating for 20 people

Basement in the region of 800 ft².

KITCHEN. Dumb waiter, stainless steel extractor unit. The equipment includes 1 chest freezer, 1 standing double door fridge, 1 standing double door freezer, 5 double door preparatiion fridges, 2 triple door preparation fridges, 2 triple door preparation fridges, 1 Hobart dishwater, 2 double electric fryers, 1 4-burner wok.

Walk-in chiller

Walk-in freezer

Office

Stock rooms.

Ladies' & gentlemen's toilet with w.c. and wash hand basin
Staff toilet with w.c. and wash hand basin

Ground Floor used as TAKEAWAY SECTION in the region of 1,400 ft². Reception Counter, EPOS till.

DRINKS BAR 3 large Coca Cola fridges, 2 under-courter double door bar bottle coolers, 2 under-counter wine coolers, 1 under-counter bottle cooler, 1 bean to cup coffee machine, 1 glass washer, 2 ice machines etc.

Sushi Kitchen

Sofas (we feel having tremendous potential to add seating)

First Floor PREMISES in the region of 925 ft². Luxury décor (artificial plants & Buddha statues & mirrors). 4 restaurant tables.

9-1,800m luxury crushed leather booths

Turnover

WE ARE INFORMED by the owner the turnover currently averages £17,000 p.w. with a gross profit of 65% approx. (No Deliveries)

Staff

The business is at present operated by the vendor's wife with the assistance of 3 full time & 3 part time chefs plus 11 part time front of house staff.

Trading Hours

5 Day week
WEDNESDAY, THURSDAY & SUNDAY - 12 noon - 9pm
FRIDAY & SATURDAY 12 noon - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £60,000 p.a. plus VAT. In addition we understand there is a Service charge of £12,000 p.a. approx.

Business Rates from April 2021 £20,000 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £280,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 140,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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