POPULAR RESTAURANT OFF HIGH STREET, KENT

Undisclosed, London

Status

FOR SALE

Date Submitted:

04/05/21

Advert ID

276029

Reference

E7695RB / Rightbiz
Leasehold: £129,950
Annual Rent: £25,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

LOCATION:                    The town's busy high street contains many restaurants and upmarket chains, as well as family-run independents. This restaurant is In a great, prominent and enviable position close to the end of the comprehensive shopping parade near the cinema and is one of the best restaurants in the area.

 

DESCRIPTION:         A fantastic, cosy 1,200 sq ft restaurant with great ambiance, chilled vibes, is spotlessly clean, well laid out and has a lovely relaxing spacious décor. It is like an American themed Bistro with impressive food and service. A double fronted restaurant which caters for American, Italian and French cuisine. The front forecourt has seating for 12 outside. The main seating area inside is for 45/50 persons with a Concertina front bar section. There is a part-open kitchen which is fully fitted in stainless steel equipment with a walk in cold room. The rear door leads to an outside space comprising ladies and gents wc’s fitted to very high specifications. This was previously a Café Rouge restaurant. There is also a loading bay outside and from 10 am to midday.

 

BUSINESS:                    In the same hands for over 3.5 years, this a family run restaurant with 4 part time staff currently taking £7,500 pw £1,500 pw takeaway orders @65% g.p. but can easily take over £10,000 pw plus takeaway business by increasing the trading hours.

 

HOURS:                         Tuesday to Thursday 5 pm to 10 pm, Fri, Saturday and Sunday noon to 11 pm. Closed Monday.

                                                                                                     

EQUIPMENT:                 A fully equipped restaurant fitted out to very high specifications with 4 double bar fridges, an ice machine, a glass washer, an Epos system, a self-cleaning draught beer pump, a double decker pizza oven, a salamander, a 6 burner gas oven, a large Falcon griddle, a large double fryer, a large Hobart dishwasher, 2 industrial Samsung microwave ovens, a Williams upright freezer, a kitchen aid, 2 stainless steel preparation tables, 2 fridge units, one with 8 drawers and the other with 6 drawers, an order ticket machine, a combi boiler, the walk in cold room, cctv system, furniture, etc.

 

TENURE:                        20 Year lease from 31 October 2016 with 5 yearly rent reviews at the current rent of £25,000 pa. Rates payable £4,500 pa.

 

PRICE:                            Greatly reduced price for quick sale owing to health.

VIEWINGS:                     STRICTLY BY APPOINTMENT ONLY

 

NEGOTIATIONS:           Strictly through PEGASUS BUSINESS SALES

Contact Agent
Agent Name:
Advert Reference:
E7695RB / Rightbiz
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