Leasehold licensed restaurant with 6-bed accommodation for sale in Gillingham Kent
Gillingham, Kent
- Status
FOR SALE
- Advert ID
645083
- Reference
c1236 / Rightbiz
- Call Agent:
- Leasehold: £139,995
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
LEASEHOLD LIC. RESTAURANTSELF CONTAINED 6 BED ACCOMMODATION
LOCATION
Prominently situated fronting the High Street of this bustling North Kent town, serving the surrounding densely populated residential area. There is a bus stop and large car park nearby as well as a large NHS hospital.
BUSINESS
In the current hands for the past 18 years, this immaculate themed restaurant enjoys a marvelous reputation and is only now for sale due to health and retirement reasons. Currently operating on reduced hours the business offers great potential for increased daytime opening and would be suitable for a wide range of styles of cuisine. The business comes with self contained 6 bed accommodation which can be used by the owner or could alternately be sublet which would more than cover the rent for the entire building.
TURNOVER
We are informed by the owner the turnover currently averages £5,500 PWK @ 65% GP approx. (£1,000 on Deliveries)
HOURS
5.00pm - 10.00pm Tues - Sat
12.00pm - 10.00pm Fri & Sun
Closed Mon
PREMISES
Attractive double fronted premises (approx 2,980 ft²) with single entrance to immaculate well presented Restaurant Area: with laminated strip floor, spot lights. Bar, drinks display fridge (glass fronted upright triple-door), with Tables and chairs providing seating for 55 People, 2 x Flat Screen TV's, CCTV system (8 cameras, 1 monitor) - Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), charcoal grill, 4 Valentine deep fryer, salad fridge, plate warmer, griddle, dishwasher (commercial), 3 x microwave (commercial). Etc. Walkin coldroom, Walkin Freezer - First floor in the region of 680 ft² with: Ladies' & gentlemen's toilet with WC & w/h basin.
Staff Toilet with WC & w/h basin - Stock room / Store room.
Basement Restaurant area (Approx 950 ft²) with bar, tables and chairs providing seating for 55 People, Sofa lounge area, 3 x Flat Screen TV's. - Small Office.
LIVING ACCOMMODATION
Self contained accommodation with Gas Fired Central Heating and double-glazed windows The accommodation comprises: 6 double Bedrooms (1 en suite), Lounge, fully fitted Kitchen, Bathroom with bath, w.c. & w/h basin, additional W.C.
NOTE: The accommodation could be sublet and produce a rental income of £40,000 PA.
TENURE
New 16 year lease to be granted to the in going tenant. Rent £45,000 per annum. (4 year reviews)
EPC RATING
TBA
BUSINESS RATES
TBA
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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.
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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