Licensed Fast Food Restaurant in Kent For Sale

Situated in a parade, busy trading position, sought after KENT

Turnover £ 9,500
Price £160,000

Features

Well Fitted Licensed Fast Food Restaurant Specialising In Chicken

ATTRACTIVE RESTAURANT recently refurbished to a high standard. Brickwork to some of the walls, quality tiled floor. Air conditioning. Tables & chairs plus upholstered seating for 40 persons (can be increased).

LARGE KITCHEN well fitted, non-slip floor, stainless steel cladding to walls. The equipment includes 2 Henny Penny chicken pressure cookers, 2 double chip deep fryers, chip dump, Prince Castle bun toaster, breading machine, Henny Penny smart hold, Henny Penny HCWF hot display cabinet, large gas combination oven, gas chargrill, chest deep freezer, walk-in coldroom, walk-in deep freezer etc.

Unisex cloakroom with w.c. & wash hand basin

Basement with office & 2 store rooms

Turnover

WE ARE INFORMED the turnover currently averages £9,000 p.w. - £10,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands. Available as an option is a Franchise Agreement, full details available upon request.

Staff

At present operated under management. Staff employed 1 full time manager, 3 full time staff. .

Trading Hours

Sunday - Thursday - 12 noon - 12 midnight
Friday & Saturday - 12 noon - 1 a.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT situated on the first floor with beamed ceiling and some beamed uprights has FULL GAS FIRED CENTRAL HEATING, at present let on a shorthold tenancy at a rent of £1,334 per calendar month. The FLAT comprises:

Large Lounge
Kitchen with fitted units
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin

In addition, included in the lease and situated on the Second Floor is a further SELF CONTAINED FLAT, at present let room by room at £19,200 p.a. however, we understand that vacant possession can be given on completion, if required. This FLAT also with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Large Double Bedroom
2 Other Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Shared Kitchen

Outside

Yard at rear

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £45,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years. (As will be appreciated with the present rental income of £35,208 p.a. from the accommodation, the net rental payable at the present time is only £9,792 p.a)

Uniform Business Rates 2026 / 2027: £6,000 p.a. approx. after small business relief (Please contact local authority to confirm)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote