Most Attractive Well Fitted Licensed Restaurant & Bar (full On Licence) | | Undisclosed Kent | | Occupying a corner position, end of parade, excellent main road, densely populated residential and office area, KENT | | ADVERT NUMBER : 63297
ADVERT IMPRESSIONS : 11,665 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | FREEHOLD: | £550000 | LEASEHOLD: | £70000 | | | | | BUSINESS DETAILS: | Features : IMPRESSIVE DOUBLE FRONTED RESTAURANT occupying a corner position, quality wooden strip floor, 2 air conditioning/heating units, ceiling with inset lighting. Quality tables and chairs providing seating for 40 persons (can be increased). Attractive serving counter/bar with stainless steel top, tiled front, cool display section with refrigerated storage section, mirror-backed shelving, 3-door quality glass fronted counter fridge, touch screen computerised till with printer, 2 group coffee machine, BBQ charcoal grill, 3-door stainless steel counter fridge, hot stainless steel section with lighting to keep food warm, glasswasher, sink and drainer.
Fully tiled customer's cloakroom with w.c. and wash hand basin
COMMERCIAL KITCHEN with non-slip floor all newly fitted. Hotwater boiler, stainless steel single door counter fridge, 3 stainless steel tables, 4-burner gas cooker with oven, electric stainless steel oven, 2 double deep fryers, charcoal grill, salamander, stainless steel extractor, stainless steel cladding to cooking area, 2 microwave ovens, upright stainless steel deep freeze, ice cream deep freeze, walk-in coldroom, double sink and drainer etc.
Location : Occupying a corner position, end of parade, excellent main road, densely populated residential and office area, KENT
Opening Hours : CLOSED MONDAY
Tuesday - Saturday inclusive - 5.30 p.m. - 10 p.m.
Sunday opening - 12 noon - 5 p.m.
Turnover : WE ARE INFORMED the Restaurant & Bar was re-opened on the 27th March, 2011 and we are informed the turnover is currently in the region of £2,000/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years lease in respect of the Restaurant at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,900 p.a. approx.
Price : OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS (excluding the living accommodation) £70,000 in the region of plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
WE UNDERSTAND THE VENDOR IS ALSO PREPARED TO CONSIDER THE SALE OF THE FREEHOLD PROPERTY, WHICH WOULD INCLUDE THE SELF CONTAINED FLAT OVER, ALL IN GOOD CONDITION AND WITH FULL GAS FIRED CENTRAL HEATING, AT PRESENT LET ON A ROOM BY ROOM BASIS AND PROVIDING A CURRENT RENTAL INCOME OF £1,356 PER MONTH. (THE OWNER OF THE BUSINESS IS RESPONSIBLE FOR PAYING THE BILLS). THE SPACIOUS FLAT COMPRISES:
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Kitchen with fitted units
In addition to the large flat over there is a large loft in 2 sections and the present owner is confident that planning permission could be granted for this to be converted into an additional flat, if desired.
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY TO INCLUDE THE SELF CONTAINED FLAT OVER, GOODWILL, FIXTURES & FITTINGS in the region of £550,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Outside : Small yard ideal for waste bin
Staff : The business is at present operated by the vendor on a part time basis with the assistance of a manageress, 1 full time chef plus 1 part time waitress. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
