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Reference R7114

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 Thai Restaurant in Kingston Upon Thames For Sale for Sale Thai Restaurant in Kingston Upon Thames For Sale 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 £ 2,500
Price £49,500

Features

Most Attractive Licensed Restaurant

Established as Thai cuisine approximately 12 years ago which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with quality woodstrip floor, ceiling lighting. Air conditioning/heating. Tables & chairs providing seating for 30 persons. Dispense bar. Upright glass fronted wine fridge.

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

REAR KITCHEN with quarry tiled floor, 3-burner Chinese cooker, 6-burner gas cooker with oven, 2 deep fryers, gas grill, dishwasher, double sink & drainer, wash hand basin, 2 small under-counter fridges, 1 glass fronted fridge, 1 upright deep freezer, 2 chest deep freezers, 1 under-counter deep freezer, ice machine etc.

Turnover

WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 full time chef plus 1 part time waiter.

Trading Hours

Monday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 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 £750 per month. The FLAT comprises:

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

Tenure

We understand the landlord, subject to satisfactory references is prepared to grant in respect of the restaurant a new 12 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,700 p.a. approx.

THE RESTAURANT HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (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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