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Reference R8817

Indian Restaurant in Hythe For Sale

Indian Restaurant in Hythe For Sale
Buy a Indian Restaurant in Hythe For Sale Sell a Indian Restaurant in Hythe For Sale Indian Restaurant in Hythe For Sale for Sale

Register to see map and to make an appointment Excellent trading position, KENT HYTHE

Turnover 4,000
Price 62,500

Features

Fully Equipped Licensed Restaurant

Trading for the last 5 years as Indian cuisine, which could obviously be continued & in our opinion there is terrific potential for other types of cuisine, if desired.

Entrance to FIRST FLOOR SPACIOUS RESTAURANT with full gas fired central heating. Ceiling lighting. Tables & chairs providing seating for 54 persons. BAR with 1 hand pump, glass fronted counter fridge, sink, glasswasher.

Ladies' cloakroom with 2 w.c's, 1 wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, tiled walls plus stainless steel cladding to cooking area, stainless steel extractor, Tandoori oven, 10-burner gas cooker with oven, 2 stainless steel fridges, 2 chest deep freezers, stainless steel tables, double sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages in the region of 4,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor who assists in the restaurant with the assistance of 3 part time waitresses. Kitchen area 2 chefs, 1 part time chef, 1 kitchen porter.

Trading Hours

6 evenings per week Monday - Saturday inclusive - 5.30 p.m. - 10.30 p.m.
CLOSED ALL DAY SUNDAY

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 12,500 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 5,560 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 62,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 31,250 (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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