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Reference R9118

Thai Restaurant in Kingston Upon Thames For Sale

Thai Restaurant in Kingston Upon Thames For Sale
Buy a Thai Restaurant in Kingston Upon Thames For Sale Sell a Thai Restaurant in Kingston Upon Thames For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, close to town centre, SURREY KINGSTON UPON THAMES

Turnover 3,000
Price 95,000

Features

Most Attractive Licensed Restaurant

Established as Thai cuisine which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with woodstrip floor, ceiling with inset spotlighting. Air conditioning/heating unit. Tabls & chairs providing seating for 30 persons. BAR, upright glass fronted fridge, sink, 1 counter fridge.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor, tiled walls plus stainless steel cladding to walls (cooking area), extractor system, 4-burner wok cooker, 6-burner gas cooker with oven, double deep fryer, 2 commercial microwave ovens, 2 counter fridges, counter deep freezer, 2 plate warmers, stainless steel table, griddle, double sink & drainer etc.

Rear store area with ice machine, upright large deep freezer, 2 chest deep freezer, fridge

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. (including approximately 800 p.w. in respect of deliveries).

Staff

The restaurant is at present operated by the vendor who is a chef with the assistance of his wife on a part time basis plus 3 part time waitresses/kitchen help employed.

Trading Hours

Monday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 10. p.m.
with the exception of Friday & Saturday when in the evening the business remains open until 10.30 p.m.
NO SUNDAY TRADING

Accommodation

The OPTIONAL accommodation in the form of a SELF CONTAINED FLAT over is available on a shorthold tenancy at a rental of 900 per month & comprises:

2 bedrooms (1 double, 1 single)
Bathroom with bath shower over bath, w.c. & wash hand basin
Lounge
Kitchen

Tenure

We undestand the restaurant is held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 18,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: we understand in the region of 5,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (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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