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Reference R8285

Restaurant in Kent For Sale

Restaurant in Kent For Sale
Restaurant in Kent For Sale Buy a Restaurant in Kent For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, just off the main street, KENT

Price 25,000

Features

Spacious well Fitted Licensed Restaurant At Present Portuguese Cuisine, Which Can Obvisouly Be Continued & In Our Opinion There Is Potential For Other Types of Cuisine, If Desired

SPACIOUS DOUBLE FRONTED RESTAURANT. Restaurant area with laminated strip floor, ceiling with spotlighting plus hanging lighting over servery area. Tables & chairs providing seating for 48 persons. Well equipped including cool display serveover counter with refrigerated storage section, 3-group coffee machine, coffee grinder, electronic cash register, wine rack.

OPEN PLAN LEVEL KITCHEN with tiled floor, stainless steel extractor, 6-burner gas cooker with oven, gas double deep fryer, 6-burner charcoal grill, electric fan assisted oven, salamander, 3-door stainless steel counter fridge, hot cabinet for plates, commercial microwave oven, dishwasher, upright deep freezer, chest deep freezer, sink & drainer, double door stainless steel fridge, upright glass fronted fridge etc.

Fully tiled disabled/ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakrom with w.c. & wash hand basin

Turnover

THE RESTAURANT is currently let & we understand the owner is receiving a rental of 300 p.w. In our opinion the business offers tremendous potential for development in the right hands.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 3 p.m. & 5.30 p.m. - 11 p.m.
Sunday opening - 12 noon - 8.30 p.m. winter months (increasing to 11 p.m. summer months).

Accommodation

The SPACIOUS accommodation in the form of a SELF CONTAINED MAISONETTE over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING (new boiler), comprises:

5 Bedrooms (3 doubles, 2 singles)
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge

(The 3 double bedrooms in the accommodation are at present let at 560 per month each whilst the 2 single bedrooms are also at present let and provide a rental income of 350 per month each).

We further understand that the accommodation can be vacant, if required.

Tenure

We understand the entire premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of 25,000 p.a. exclusive of rates with rent reviews every 3 years. (As will be appreciated with the current rental income from letting the rooms individually is providing 28,560 p.a. and therefore at the present time with the accommodation let as it is there is a profit rental of 3,856 p.a).

Uniform Business Rates: We understand currently 1,900 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINS 25,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (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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