Kent Based Olde Worlde Licensed Restaurant with Takeaway Permission and High Turnover for Sale
Undisclosed, Kent
- Status
FOR SALE
- Date Submitted:
31/07/18
- Advert ID
225758
- Reference
R8535 / Rightbiz
- Call Agent:
- Leasehold: £50,000
- Turnover: £520,000 (£10,000 Per week)
- Net Profit: Not Applicable
Business Details
Olde Worlde Licensed Restaurant Plus Takeaway Permission for Sale
WE ARE INFORMED the turnover averages £10,000 per week in our opinion offering tremendous potential for further increase, especially with evening opening, if desired. We are further advised that the sales 1st September, 2021 to 31st August showed £380,088 gross profit 73.74%. Net profit £90,214. FEATURES:The business has been in the same hands for the past 18 years & there are genuine reasons for sale.
The spacious property is a Grade II listed building & we understand built in approximately 1470's
SPACIOUS GROUND FLOOR with wealth of oak beams. 3 separate restaurant areas, fully carpeted & with wealth of oak beams, ceiling with spotlighting. Tables & chairs for a total of 72 persons.
Stairs to FIRST FLOOR ADDITIONAL RESTAURANT AREA ideal for functions or private parties, fully carpeted & with tables & chairs providing seating for 22 persons.
GROUND FLOOR REAR PREPARATION SECTION with cool display serveover counter, coffee machine, 2 filter coffee machines, under-counter milk fridge, 2 glass fronted counter fridges.
Ladies' cloakroom with w.c. & 2 wash hand basins
Gentlemen's cloakroom with w.c. & wash hand basin
LEVEL KITCHEN with non-slip floor. The equipment includes 1 6-burner gas cooker with double oven, griddle, 3 basket deep fryer, bain marie, hot cupboard, freestanding convection oven, 2 upright stainless steel fridges, 2 upright single door white deep freezers, 3 2-door stainless steel counter fridges.
WASH-UP AREA with dishwasher, single sink & drainer
Rear store area with 2 upright deep freezers, 1 ice cream deep freezer ACCOMMODATION:
The SPACIOUS living accommodation with a wealth of oak beams, SECONDARY DOUBLE GLAZING & FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £900 per month, however we understand that vacant possession can be given on completion, if required. The SPACIOUS accommodation comprises:
3 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large Lounge with inglenook fireplace
Fully fitted kitchen PRICE:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
