Impressive Turkish Restaurant in Kent For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, lively location with fantastic transport links, KENT.

Turnover £ 25,000
Price £495,000

Features

Impressive Turkish Restaurant

FORECOURT WITH SEATING FOR 8 PEOPLE
5 STAR HYGIENE RATING.
Tables and chairs providing seating for 85 People

BiFOLD FRONTED PREMISES with CANOPY, tiled floor, hanging lights, Air conditioning with hot air. Bar, EPOS till, drinks display fridge (glass fronted upright double-door). Tables and chairs providing seating for 85 People

Kitchen, stainless steel extractor unit, Cooker (Gas 4-burner), charcoal grill, 2 x Deep fryer, flat grill, 2 microwaves, Rational Oven, fridges, freezers.

Toilet with w.c. and wash hand basin.

First Floor.

Tables and chairs providing seating for 40 People

Toilet with w.c. and wash hand basin.

Second Floor.

Additional Preparation Kitchecn
Walkin coldroom
Walkin Freezer room
Staff Toilet with w.c. and wash hand basin and shower.

Third Floor
Stock Room
Staff Rest Room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £25,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 5 full time & 12 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 10pm
SUNDAY 12 noon - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £34,750 p.a.

Business Rates from April 2025 £5,600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 247,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote