Licensed Restaurant (presently closed) in Canterbury For Sale

Situated in a parade, main road trading position, close to City Centre, KENT CANTERBURY

Price £625,000

Features

Freehold Licensed Restaurant (at Present Closed)

We understand the property is a Grade II listed building. We understand the property was built in approximately 1890 with a large new extension at rear in approximately 2016.

We understand there is a Premises Licence with potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining a Personal Licence.

SPACIOUS SPLIT LEVEL RESTAURANT with quality tiled floor, ceiling with inset lighting. Tables & chairs having space for approximately 60 persons.

Half tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Half tiled disabled cloakroom (at present converted into a small kitchenette)

Stairs to BASEMENT KITCHEN qually tiled floor, tiled walls, 4-burner induction hob, 2-deck pizza oven, electric fan assisted oven, single deep fryer, 1 3-door stainless steel counter fridge, 3 stainless steel tables, 1 upright deep freezer, double sink & drainer.

Turnover

AS STATED the restaurant is at present closed, however in our opinion offers terrific potential for development in the right hands.

Accommodation

The SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large Lounge
Fully fitted kitchen

We are advised the accommodation in presently let on a short hold tenancy at £1,650 pcm.

Outside

Paved patio area. Potential to provide additional seating for approximately 30 persons (weather permitting).
In addition there is a lawned garden

Tenure

Uniform Business Rates we are advised in the region of £7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £625,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 437,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote