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Spacious Well Fitted Licensed Restaurant.

Undisclosed Kent
Situated in a parade, excellent trading position, sought after residential area, KENT.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 65221
ADVERT IMPRESSIONS : 14,065 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£130000
 

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BUSINESS DETAILS:

Features : Outstanding opportunity to acquire a spacious Restaurant, established by the present owner approx. 6 years ago as Indian cuisine, which could obviously be continued and, in our opinion, there is potential for other types of cuisine, if desired.

The Restaurant is situated close to Petts Wood railway station and with the advantage of a large tarmaced car park opposite, for in the region of 100 cars (pay & display up to 6 p.m., evenings free). In addition, in front of the parade there is meter parking (again free after 6 p.m.).

Impressive and spacious RESTAURANT, part ceramic surround tiled floor, partly carpeted and mainly attractive woodstrip floor. Tables and chairs providing seating for 70 persons (can be increased to accommodate approx. 85 persons if desired). 2 air conditioning/heating units, attractive lighting. Spacious Bar with tiled front and marble top, 1 hand pump (Cobra beer sold), 2 Group coffee machine, attractive glass shelving for glasses, glasswasher, stainless steel sliding topped counter fridge (for bottles), double door glass fronted counter fridge, sink, etc.

Ladies'/Disabled Cloakroom with w.c. and wash hand basin.
Gentlemen's Cloakroom with w.c. and wash hand basin.

Level KITCHEN with tiled floor and tiled walls. Fully equipped including 8-burner Chester gas cooker with 2 ovens, 1 4-burner Chester gas cooker with oven, stainless steel extractor unit, stainless steel cladding to cooking area, stainless steel table, hotplate cabinet, tandoori oven, 1 commercial plus 1 domestic microwave oven, 2 chest deep freezes, upright stainless steel double door fridge, 1 double door glass fronted counter fridge, 1 upright ice cream deep freeze, dishwasher, 2 sinks, each with drainer, wash hand basin.

Rear access.

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

Opening Hours : Evenings only, Sunday/Thursday incl. 5.30 p.m. - 11.30 p.m.
Friday & Saturday, 5.30 p.m. - midnight.

It will be appreciated upon inspection that there is potential for lunchtime opening if desired.

Turnover : WE ARE INFORMED the turnover averages £3,500/£4,000 p.w., in our opinion offering tremendous potential for further development in the right hands.

Tenure : WE UNDERSTAND the premises are held on a secure renewable lease, for a period of 20 years from 29th September 2001, at a current rental of £25,000 p.a. excl. of rates, with rent reviews every 5 years.

Uniform business rates: £7,000 p.a. approx.

As stated, this spacious quality Restaurant was established by the present owner approx. 6 years ago and, in our opinion, offers tremendous potential for further development in the right hands.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Price : OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, IN THE REGION OF £130,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Staff : The Restaurant is at present operated by the vendor, with the assistance of 3 staff in the restaurant area plus 3 staff in the kitchen area.
   
  FOR SALE
   

REFERENCE:

R2714 / RightBiz
   
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