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Prime Leasehold Lic. Restaurant in Hythe Kent, Main Road Location, £3300 PWK Turnover

Hythe, Kent
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LEASEHOLD LIC. INDIAN RESTAURANT Photo 1
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LEASEHOLD LIC. INDIAN RESTAURANTLEASEHOLD LIC. INDIAN RESTAURANT
  • Status

    FOR SALE

  • Date Submitted:

    05/08/19

  • Advert ID

    247012

  • Reference

    R434 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,500 (Stock at valuation)
  • Turnover: £234,000 (£4,500 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Fully Fitted
  • Central Position in Affluent Village
  • Town Centre location
  • Attractive Business
  • Established Business
  • Prime Location
  • Price Reduced

Business Details

LEASEHOLD LIC. INDIAN RESTAURANT

PRIME MAIN ROAD LOCATION - IDEAL FOR NUMEROUS CATERING TRADES - RENT ONLY £12,500 P.A. - TURNOVER £4,500 PWK - 60 COVERS PLUS FUNCTION ROOM FOR 20

Location

These immaculately presented premises occupy a prime trading location fronting a busy main road and being just off the High Street of this Historical Town. The business enjoys excellent passing and local trade.

Business

The business is well established and has traded in the present hands for some 10 years as an Indian restaurant. The premises are ideal for a wide range of alternative styles of cuisine.

Turnover

£4,500 PWK @ 65% G.P.

Hours

Tues to Sun - 5.30pm to 10.30pm ( Monday closed)

Premises

Elegant Main entrance at ground level. Entrance hall and stairs to First Floor:  Restaurant Area: Charming contemporary décor featuring high ceiling. 60 covers at quality furniture. Bar counter, till. Sep Ladies and Gents: WC's. Function Room: with a further 20 covers. Kitchen: 8 burner range, tandoori oven, full extractor canopy, prep surfaces, hot cupboard, under counter refrigeration, upright chiller, deep st/stl sink. Store Room: Office/Store Room:

Tenure

10 years remaining on original lease                            RENT £12,500 P.A. (5 year reviews)

EPC Rating

TBA

Business Rates

£4,500 P.A. (Payable)

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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.

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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.

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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.

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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.

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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.'.

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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.

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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.

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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.

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The data showed regarding this advert 'LEASEHOLD LIC. INDIAN RESTAURANT - R434 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.