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Reference R6656

Indian Restaurant in Kent For Sale

Indian Restaurant in Kent For Sale
Indian Restaurant in Kent For Sale Buy a Indian Restaurant in Kent For Sale Sell a Indian Restaurant in Kent For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, close to Harbour & Town Centre, KENT.

Price 595,000

Features

Spacious Freehold Licensed Restaurant (we Understand The Restaurant Has Been Closed Since July, 2017, However In Our Opinion offers Tremendous Potential For Development In The Right Hands

The property is we understand situated in a conservation area. We further understand that it was built in approximately 1856.

At present operated on a low key basis. The business has been in the same hands for many years and is operated as Indian cuisine. In view of the excellent trading position, in our opinion there is potential for other types of cuisine including Italian, Spanish, Mexican, French & Chinese. Alternatively the premises could be used for a retail trade, if desired, subject to the Council's approval.

SPACIOUS SINGLE FRONTED RESTAURANT, carpeted, wall & ceiling lighting. Tables and chairs providing seating for 32 persons (in our opinion there is potential to increase the seating capacity to approximately 50 persons) BAR.

LEVEL KITCHEN with industrial non-slip floor. The equipment includes Tandoori oven, 6-burner gas cooker, 4-burner gas cooker, hot plate, 3 upright fridges, 3 small wine fridges, 3 chest deep freezes, 1 upright deep freeze, stainless steel tables, sink and drainer etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Large Cellar (ideal for storage purposes)

Turnover

AS STATED ABOVE we understand the restaurant has been closed since July, 2017, however in our opinion there is terrific potential for development in the right hands.

Accommodation

The SPACIOUS living accommodation all generally in GOOD CONDITION, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Additional Lounge

Adjoining accommodation is identical, comprising:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Additional Lounge

First Floor Roof Patio area

Tenure

Uniform Business Rates: 260 p.a. (after small business relief)

THE PROPERTY HAS BEEN IN THE SAME HANDS FOR THE PAST 31 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

Price

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, fIXTURES & FITTINGS in excess of 595,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 416,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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