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Reference R9275

Well Fitted Restaurant in Canterbury For Sale

Well Fitted Restaurant in Canterbury For Sale
Buy a Well Fitted Restaurant in Canterbury For Sale Sell a Well Fitted Restaurant in Canterbury For Sale

Register to see map and to make an appointment Situated in a parade, busy trading position, sought after KENT CANTERBURY

Turnover £ 15,000
Price £255,000

Features

Well Fitted Fast Food Restaurant

We understand there is a Premises Licence for the sale of wines, beers & spirits, however no alcohol is sold at present. There is potential to reintroduce alcohol, if desired subject obviously to obtaining the necessary Personal Licence.

ATTRACTIVE RESTAURANT recently refurbished to a high standard. Brickwork to some of the walls, quality tiled floor. Air conditioning. Tables & chairs plus upholstered seating for 30 persons (can be increased).

LARGE KITCHEN well fitted, non-slip floor, stainless steel cladding to walls. The equipment includes 2 Henny Penny chicken pressure cookers, 2 double chip deep fryers, chip dump, Prince Castle bun toaster, breading machine, Henny Penny smart hold, Henny Penny HCWF hot display cabinet, large gas combination oven, gas chargrill, chest deep freezer, walk-in coldroom, walk-in deep freezer etc.

Unisex cloakroom with w.c. & wash hand basin

Basement with office & 2 store rooms

Turnover

WE ARE INFORMED the turnover currently averages £15,000 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands. Available as an option is a Franchise Agreement, full details available upon request.

Staff

At present operated under management. Staff employed 1 full time manager, 1 full time kitchen assistant manager, 4 full fime & 4 part time staff plus 2 drivers.

Trading Hours

Monday - Saturday inclusive - 12 noon - 3 a.m.
Sunday opening - 12 noon - 1 a.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT situated on the first floor with beamed ceiling and some beamed uprights has FULL GAS FIRED CENTRAL HEATING & is at present utilized by the manager. The FLAT comprises:

Large Lounge
Kitchen with fitted units
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin

We understand this flat, if not required for personal use or for staff could be let to provide a rental income of approximately £1,200 per month.

In addition, included in the lease and situated on the Second Floor is a further SELF CONTAINED FLAT, at present let room by room at £450 per month each room, however, we understand that vacant possession can be given on completion, if required. This FLAT also with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Large Double Bedroom
2 Other Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Shared Kitchen

Outside

Yard at rear

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of £42,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £255,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 127,500 (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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