« Search more Restaurants for sale in Tunbridge Wells
Reference R1401
Shopping centre locality, prominent trading position, residential, office and commercial area, KENT TUNBRIDGE WELLS
Turnover £ 25,000
Price
£375,000
Features
Prestigious Restaurant & Wine Bar Full On Licence
TOTAL PREMISES in the region of 3,800 ft²
FORECOURT SEATING FOR 30 PEOPLE
TOTAL SEATING FOR 210 PEOPLE
5 STAR HYGIENE RATING
NEWLY FITTED 2019. Ground Floor in the region of 1,750 ft². Tables and chairs providing seating for 80 persons. Resin floor, suspended ceiling with spot and hanging lighting. Sales counter, EPOS till. CCTV system (30+ cameras, 1 monitor), dumbwaiter
OPEN PLAN KITCHEN. Stainless steel extractor unit, 2 hob burner oven, 3 double Valentine fryers, 4m open charcoal grill, pizza oven, 4 Adande under-counter fridges, additional Adande under-counter fridge, double door deep freeze, double door under-counter refrigerating unit, 2 refrigerated making tables, commercial dishwasher.
2 x Walk-in coldroom
2 x Walk-in Freezer
Disabled toilet with w.c. and wash hand basin
1st Floor in the region of 1,260 ft². Tables and chairs providing seating for 100 persons plus Bar with seating, dumb waiter (for bar and kitchen). EPOS till, 5 under-counter fridges, 2 drinks dispensing machines, bean to cup coffee machine, ice machine, glasswasher, under-counter freezer, 2 door under counter fridge.
Dessert preparation room. Double door fridge, single fridge, glass washer, double drawer freezer
2nd Floor in the region of 600 ft²
3 Ladies' & 2 Gentlemen's toilets with w.c. and wash hand basin
Staff Toilet with w.c. and wash hand basin.
Staff room
Office with speaker system
Basement in the region of 190 ft², used for storage purposes
Turnover
WE ARE INFORMED by the owner the turnover currently averages £25,000 p.w. with a gross profit of 65% approx. (£1,000 via ONLINE PORTALS)
Staff
The business is at present operated staff operated with 7 full time staff and 7 part time staff.
Trading Hours
7 Day week
MONDAY - SUNDAY 12 noon - 11 pm
We are advised the premises has a 3 a.m. licence
Outside
Rear yard
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a sub lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £130,000 p.a. plus VAT
Business Rates from April 2022 £45,000 approx. (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 SUB LEASE, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 187,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Restaurants for sale in Tunbridge Wells
Buy an Impressive Restaurant and Wine Bar in Tunbridge Wells For Sale on NationwideBusinesses.co.uk
£625,000
Licensed Restaurant (presently closed) in Canterbury
£119,000
Cafe in Kent
Restaurants in Tunbridge Wells
Fast Food Restaurants in Tunbridge Wells
Wine bars in Tunbridge Wells
All Businesses in Tunbridge Wells
Restaurants for sale
Fast Food Restaurants for sale
Wine bars for sale