« Search more Italian Restaurants for sale in Gillingham
Reference R7986
Features
Well Equipped Licensed Restaurant (english, Portuguese & Italian Cuisine)
Spacious front area with space for tables & chairs for approximately 42 persons
ATTRACTIVE RESTAURANT with laminated floor, ceiling with inset lighting plus hanging lighting, wall lighting. Tables & chairs plus upholstered bench seating for approximately 46 persons. Counter, electronic cash register, 3-door glass fronted counter fridge, coffee machine, coffee grinder etc.
LEVEL OPEN PLAN KITCHEN AREA with extractor system, stainless steel cladding to walls (cooking are), 4-burner gas cooker with oven, gas double deep fryer, gas griddle, upright stainless steel fridge, dishwasher, commercial microwave oven, panini toaster, toaster, stainless sink & drainer, wash hand basin etc.
Storeroom with 2 deep freezers, 2 fridges
Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover averages £3,000/£3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
At present mainly staff operated. 4 staff employed with the vendors assistance at weekends.
In our opinion with an active husband & wife team, the wage bill could be reduced.
Trading Hours
Monday - Thursday inclusive - 9 a.m. - 6 p.m.
Friday & Saturday - 9 a.m. - 11 p.m.
Sunday opening - 10 a.m. - 4 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let room by room & provides a rental income in the region of £300 p.w. however, we understand that vacant possession can be given if required. The accommodation comprises:
3 bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge
Kitchen with fitted units
Outside
Service road at rear with car parking space for 1 car
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £22,500 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.
(As will be appreciated with the current rental income of £15,600 the net rental payable at the present time is only £6,900 p.a. exclusive of rates).
Uniform Business Rates: Nil payable at present after small business relief
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Italian Restaurants for sale in Gillingham
Buy a Restaurant in Gillingham For Sale on NationwideBusinesses.co.uk
£95,000
Cafe Restaurant in Welling
£60,000
Indian Restaurant in Kent
£420,000
Fully Licensed Catering Premises in Kent
£160,000
Cafe Coffee Shop in Orpington
Italian Restaurants in Gillingham
Fast Food Restaurants in Gillingham
Restaurants in Gillingham
All Businesses in Gillingham
Italian Restaurants for sale
Fast Food Restaurants for sale
Restaurants for sale