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Reference R1049

Licensed Restaurant in Kent For Sale

Licensed Restaurant in Kent For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential, office and commercial area, KENT

Turnover 3,000
Price 89,000

Features

Licensed Restaurant

5 DAYS OPENING

4 STAR HYGIENE RATING

FORECOURT WITH SEATING FOR 10 PERSONS

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Laminated strip floor, suspended ceiling with spot and hanging lighting. Tables and chairs providing seating for 40 persons. Sales counter, under-counter fridges, 2 group coffee machine, coffee stand, sink. CCTV system (4 cameras, 1 monitor)

Toilet with w.c. and wash hand basin

Staff toilet with w.c. and wash hand basin, washing machine

KITCHEN. Stainless steel extractor unit, refrigerated making table, shelving, 6-burner gas cooker, preparation table, 2 sinks, etc.

PREPARATION ROOM. Large freezer, work top, microwave, large fridge, large bakers oven, extractor unit, metal shelving unit

Turnover

WE ARE INFORMED by the owner the turnover currently averages 3,000 p.w. with a gross profit of 65% approx. (on Uber Eats, etc). In our opinion the business has tremendous potential to increase, especially with additional opening hours.

Staff

The business is at present operated by a family member with 2 full time staff.

Trading Hours

5 Day week
WEDNESDAY - SUNDAY 4pm - 10pm
In our opinion there is potential for additional opening hours

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, comprises:

2 Bedrooms (1 Large double, 1 single)
Large Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Enclosed rear yard & shed

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2014 with reviews every 5 years (next review 2024) at a current rent of 14,400 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE 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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