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Related Ads > Kent Business for Sale > Restaurants to Lease > Restaurants in Kent for Sale 

Licensed Indian Restaurant & Takeaway

Undisclosed Kent
Situated in a Parade, main road trading position, residential and commercial area, Kent.

ADVERT NUMBER : 39610
ADVERT IMPRESSIONS : 31,300 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Restaurants
SALE: Agent Sale

LEASEHOLD:

£37000
 

BUSINESS DETAILS:

Features : • OWNERS ACCOMMODATION SUMMARY: • PRICE (LEASEHOLD) £37,000 • GROSS PROFIT 65% • TURNOVER £1,500p.w.DESCRIPTION:Listed BuildingThe business is at present trading as Indian cuisine, which could obviously be continued, however, we are advised the business would also be suitable for Chinese cuisine.Single fronted, medium sized premises, Air conditioned with hot air, fully carpeted (heavy duty) floor, suspended ceiling with spot lights. • Bar, soft drinks dispenserTables and chairs providing seating for 50 people, electronic cash register, glass fronted display fridge.. Separate level kitchen, industrial non-slip floor, stainless steel extractor canopy, 12-burner gas cooker, Tandoori oven, 1 microwave, plate warmer, deep fryer, 2 group coffee machine, stainless steel work surfaces, 3 fridges, double door stainless steel fridge, chest freezer, ice cream machine, double sink and drainer, separate wash hand basin, etcLocation : Situated in a Parade, main road trading position, residential and commercial area, Kent.Opening Hours : 7 Day week (Monday - Sunday) 5.30 pm - 11 pmTurnover : WE ARE INFORMED by the vendor the turnover averages £1,500 p.w. Gross profit 65% approx.Tenure : We understand the premises are held on a secure renewable lease from the private landlord for a period of 25 years and currently has 18 years unexpired next review in 1 year at a rent of £16,000 p.a. with reviews every 5 yearsUniform Business Rates: £2,000 p.a. approx. (after smallPrice : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £37,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANT.Accommodation : THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to Flat, Rented out, comprises: • 6 Bedrooms (3 doubles, 3 Singles) • Fitted Kitchen/Dining Room. • Separate w.c. • Bathroom with bath, w.c. and wash hand basin.At present 4 of the rooms are let as bedsits and provide a rental income of £200 per weekStaff : The business is at present operated by the manager, with the assistance of 3 full time staff • We are informed the wage bill averages £800 per week approx.
   
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