Charming Italian Restaurant with Wine License and Full Kitchen in Herne Bay, Kent for Sale
Herne Bay, Kent
- Status
FOR SALE
- Advert ID
613544
- Leasehold: £25,000
- Rent: £8,616 (£718 per month)
- Turnover: £192,000 (£3,692 per week)
- Profit: £57,600 (30% Profit margin)
Key Features
- Currently Closed
- High Turnover
- Price Reduced
- Prime Location
Business Details
Italian restaurant for Sale in Herne Bay, Kent
Located in Herne Bay, an area renowned for its dining culture, is a charming Italian restaurant up for sale. The position is primed for a business-minded individual looking to take over a well-established restaurant.
The building boasts a cozy, traditional Italian interior, featuring elegant decor and exposed brick elements. The facility is fully equipped with kitchen appliances, a wealth of kitchenware, a fireproof ceiling, and high-quality toilets. The dining area offers comfortable seating and a welcoming atmosphere, making it suitable for both casual and intimate dining experiences. Furthermore, the restaurant carries a wine license and is capable of seating 19 customers indoors during the winter with an additional capacity for 4 seated outdoors during the summer period.
This restaurant offers a range of services including dine-in, takeaway, and external catering, perfectly accommodating diverse customer needs. Its location is highly visible, boasting a classic facade and eye-catching signage specifically designed to attract foot traffic.
The asking price for the property is £25,000, with annual rent totaling £8,420. For those potentially interested, it's worth noting that there are no rates attached to this property.
In conclusion, this is a fantastic opportunity for new or experienced entrepreneurs to expand upon the existing popularity of this restaurant, by injecting their unique vision into an already thriving business.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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 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.
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