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LEASEHOLD LIC. ITALIAN RESTAURANT

Gravesend, Kent
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LEASEHOLD  LIC. ITALIAN RESTAURANTLEASEHOLD  LIC. ITALIAN RESTAURANT
  • Leasehold: £150,000
  • Rent: £31,200
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

PRIME TOWN CENTRE LOCATION - 78 COVERS - TURNOVER £14,000 PWK

Location

These immaculately presented premises occupy a prime trading location fronting a busy street in the centre of Gravesend, enjoying tremendous footfall and being close to all the major multiples, banks and offices. The business enjoys excellent passing and local trade, serving a huge residential catchment area.

Business

The business is well established and has traded in the present hands since 2004. The business is only being marketed as a result of management issues.

Turnover

£14,000 PWK @ 65% G.P.

Hours

7 Days - 11.30am to 10.30pm

Premises

Mid parade premises with charming double frontage and single entrance to: Restaurant Area: Charming contemporary décor. 78 covers at quality furniture. Bar counter, electronic till with kitchen printer, espresso machine, 2 deck pizza oven. Sep Ladies and Gents: WC's. Kitchen: 2 x 6 burner ranges, 2 ovens, full extractor canopy, prep surfaces, hot cupboard, under counter refrigeration, upright chiller, 2 deep st/stl sinks. Store Room: Walk in Coldroom, walk in freezer. First Floor: Office/Store Room: Staff Shower Room: Basement: Large store Area.

Tenure

10 years remaining on original lease with a 25 year extension available

RENT £31,200 P.A. (5 year reviews)

EPC Rating

TBA

Business Rates

£6,500 P.A. (Payable)

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  • Adjacent to Multiple Retailers
  • Fully Fitted
  • High Turnover

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Contact the seller for more details, or book a viewing

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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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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. Rest 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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