Most Attractive Licensed Restaurant & Tea Rooms Overlooking Large Green. | | Undisclosed Kent | | Sought after location, KENT. | | ADVERT NUMBER : 66774
ADVERT IMPRESSIONS : 17,890 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Fast Food | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a Licensed Restaurant catering for breakfasts, lunches, snacks, teas and coffees.
Front area with space for 4 tables and 10 chairs to attractive bow windowed premises. Carpet tiled floor, wall and ceiling lighting, oak dresser utilised as a counter, electronic cash register, double door glass fronted counter fridge, cool display cake unit, 3 group coffee machine, coffee grinder, etc.
Fully equipped level Kitchen with non-slip floor. Equipment includes stainless steel extractor system, stainless steel cladding to cooking area, 5-burner gas cooker with double oven, 4-burner gas cooker with single oven, 2 griddles, 2 drawer plus 1 draw stainless steel counter fridge, 2 domestic microwave ovens, double sink, dishwasher, wash hand basin, etc.
Ladies' & Gentlemen's Cloakrooms plus shared wash hand basin.
Wine Cupboard.
Dry Goods Cupboard.
Small preparation area with upright stainless steel fridge, chest deep freeze, wash hand basin.
Brick built store at rear with 1 stainless steel fridge, upright deep freeze, chest deep freeze. In addition, there is an adjoining brick-built store with fridge, deep freeze, rented separately at £150 p.a.
Rear Yard, ideal for rubbish bins.
Location : Sought after location, KENT.
Opening Hours : Monday/Friday incl. 9 a.m. - 5.30 p.m.
Saturday 8.30 a.m. - 6 p.m.
Sunday 9 a.m. - 6 p.m.
During the winter months, i.e. from October to March, the business closes at 5 p.m. In addition, the business opens Friday evenings until 9.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £6,000/£6,500 p.w., in our opinion offering further potential to increase in the right hands. We are further advised that the turnover during the summer months can increase to £7,500/£8,000 p.w. whilst during the winter months is in the region of £4,500 p.w. We are further advised that the sales year ending 30th April 2010 showed £348,365 with a gross profit of £244,548 (before direct labour costs of £117,583).
Tenure : WE UNDERSTAND the premises are held on a secure renewable lease for a period of 15 years from 24th March 2006 at a rental of only £10,000 p.a. excl. of rates up to the 25th March 2012 with rent review at that time and thereafter every 3 years.
Uniform business rates £2,000 p.a. approx.
The business has been in the same hands for the past 10 YEARS and there are genuine reasons for sale.
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 £160,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Staff : At present operated by the vendor (who is a chef) with the assistance of 1 full time chef, 2 additional part time kitchen porters plus 3 part time washers up.
Restaurant area, 1 full time manager, 1 full time assistant manageress, 1 full time waitress plus 4 part time waiting staff.
It will be appreciated upon inspection that with an active husband and wife team, the wagebill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
