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Most Attractive 18th Century Restaurant & Tearooms Catering For Breakfasts, Snacks, Morning Coffees, Lunches And Afternoon Teas

Undisclosed Kent
Situated in a parade, excellent trading position KENT

ADVERT NUMBER : 39614
ADVERT IMPRESSIONS : 31,595 TIME(S)

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

LEASEHOLD:

£65000
 

BUSINESS DETAILS:

Features : Outstanding opportunity to acquire an old established Restaurant & Tearooms which has been in the same hands for the past 6 years and is now solely offered for sale due to the vendor's retirement.Spacious 18th Century PropertyATTRACTIVE RESTAURANT & TEAROOMS with beamed ceiling, wall lighting, inglenook fireplace, fully carpeted. Tables and chairs providing seating for 44 persons. Counter, electronic cash register, cool display serveover counter (utilised for cakes).Rear kitchen with non-slip floor. The equipment includes 4-burner gas hob, electric oven, electric double deep fryer, electric grill, 2 commercial microwave ovens, 1 light commercial microwave oven, 3 fridges, 3 upright deep freezes, double sink and drainer, dishwasher etc.Location : Situated in a parade, excellent trading position KENTOpening Hours : Monday - Saturday inclusive - 9 a.m. - 3 p.m.Sunday opening - 10 a.m. - 2.30 p.m.It will be appreciated upon inspection that there is terrific potential for evening openingTurnover : WE ARE INFORMED the turnover averages £1,600/£1,800 p.w. in our opinion offering tremendous potential for further development, especially with evening opening. The business does not have a Restaurant Licence for the sale of wines, beers and spirits, however, in our opinion this should be obtainable, if desired.Tenure : We understand that subject to satisfactory references the landlord is prepared to grant a new 9 years lease at a rental of £15,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.Uniform Business Rates: £2,350 p.a. approx. + water ratesOUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE AND SPACIOUS RESTAURANT/TEAROOMS, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The SPACIOUS living accommodation with PART GAS FIRED CENTRAL HEATING, comprises:First Floor2 Double BedroomsBathroom with bath, w.c. and wash hand basinLarge LoungeSpacious Kitchen/Dining RoomSecond Floor2 Additional BedroomsOutside : Entrance from the Restaurant to large rear garden with lawn, flower borders plus patio area. Weather permitting the vendor has an additional 5 tables and 20 chairs for the patio area.Customer's cloakroom with w.c. and wash hand basinStaff : The business is at present operated by a husband and wife team with the assistance of 2 part time staff plus 1 casual staff at weekends.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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