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Reference R8055

Italian Restaurant in Kent For Sale

Italian Restaurant in Kent For Sale
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Register to see map and to make an appointment Situated in a parade, excellent main road trading position, KENT

Turnover 4,500
Price 89,000

Features

Well Fitted Licensed Restaurant

At present Italian cuisine, which could obviously be continued & in our opinion in view of the excellent main road trading position there is potential for other types of cuisine, if desired.

SPACIOUS SINGLE FRONTED RESTAURANT with laminated strip floor, ceiling with spotlighting, hanging lighting, 1 air conditioning/heating unit. Tables & chairs providing seating for 50 persons. Dispense bar with 2 group coffee machine, coffee grinder, single door counter fridge, upright glass fronted wine fridge etc.

Ladies' & gentlemen's cloakrooms

LARGE KITCHEN with tiled floor. The equipment includes 8-burner gas cooker with oven, 3-door stainless steel counter fridge, 4-door stainless steel counter fridge, 1 additional fridge, 3 deep freezers, single sink & drainer, dishwasher, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover currently averages 4,500 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The restaurant is at present operated by the vendor with in the restaurant area 1 waiter plus 1 waitress plus 3 staff in the kitchen.

Trading Hours

Tuesday - Sunday inclusive - 12 noon - 2.30 p.m. & 5.30 p.m. - 10 p.m. (last orders)
CLOSED ALL DAY MONDAY

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from July, 2006 at a current rental of 25,000 p.a. exclusive of rates up to July, 2018 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 6,800 p.a. approx.

EPC Rating C (69)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 44,500 (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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