Well Fitted Thai Restaurant in Kent For Sale

Situated in a parade, excellent trading position, sought after residential area KENT

Turnover £ 8,500
Price £85,000

Features

Well Fitted Licensed Restaurant

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

ATTRACTIVE RESTAURANT with Amtico floor, ceiling lighting. 1 air conditioning/heating unit. Attractive brickwork to 1 wall. Tables & chairs providing seating for 44 persons. Dispence bar with 3-door glass fronted counter fridge, 2 computerised tills, sink etc.

LEVEL KITCHEN with tiled floor, tiled walls, stainless steel extractor system, 4-burner gas cooker, 1 charcoal grill, double deep fryer, 7-burner gas Chinese cooker, upright stainless steel fridge, upright stainless steel deep freezer, 2-door stainless steel counter fridge, double sink & drainer, single sink etc.

Large basement - ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering further potential to increase in the right hands. Included in the turnover is takeaway & delivery. The business has an agreement with Deliveroo & Uber Eats & we understand the deliveries amount to £3,000 p.w. at present.

Staff

At present operated mainly under management. Staff employed 1 full time manager, 1 full time & 2 part time waitresses, 3 full time chefs, 1 dishwasher part time.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - 5 p.m. - 11 p.m.
Tuesday - Saturday inclusive - 1 p.m. - 11 p.m.
CLOSED SUNDAY

Outside

Yard at rear. In our opinion there is potential to extend the property at the rear, subject to the necessary planning permission.

Tenure

We undestand the premises are held on a secure renewable 15 lease from 2019 at a rent of £25,000 p.a. up to November, 2028 with 5 yearly reviews.

2023 Uniform Business Rates: £4,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote