Well Presented Italian Restaurant & Pizzeria in Rochester For Sale

Situated in in the middle of a busy high street, 100 yards from the Cathedral, KENT ROCHESTER

Turnover £ 5,000
Price £39,995

Features

Well Presented Attactive Fully Licensed Olde Worlde Italian Restaurant & Pizzeria

We understand the property is approximately 400 years old & is a Grade II listed building.

5 STAR HYGIENE RATING

RESTAURANT/CONSERVATORY 425 ft² (40M²). Wealth of oak beams, woodstrip floor. Tables & chairs providing seating for 28 persons. EPOS till. CCTV system (2 cameras, 1 monitor).

KITCHEN with extractor unit, 4 induction cooker, combi oven, pizza oven, 8 fridges, 4 freezers, preparation table, 2 microwaves, dough mixer, blender, mixer, commercial dishwasher, glass washer, ice machine, 2 meat slicers, deep fryer, 2 pan deep fryer, grill.

PREPARATION ROOM. 5 stainless steel preparation tables, shelving

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

First floor toilet with w.c. & wash hand basin

Cellar

Turnover

WE ARE INFORMED the turnover averages £4,000/£5,000 p.w.

Staff

The business is at present operated by 2 partners with 3 full time staff employed.

Trading Hours

6 Day week (9am - 11pm Licence)
WEDNESDAY - SATURDAY 11:45am - 10pm
CLOSED TUESDAY

Outside

Rear enclosed garden seating 24 persons.

Tenure

We understand the premises are held on a lease from a private landlord granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a rent of £26,000 p.a. We're advised, to an approved applicant, the landlord is prepared to grant a new longer lease if required.

We are advised the Landlord will require a 3 month rent deposit.

Uniform Business Rates: We understand nil payable at present (Please contact local authority to confirm)

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE OLDE WORLDE PREMISES IN THIS EXCELLENT TRADING POSITION.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £39,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 19,998 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote