Restaurants for sale in Sandwich

View the "LIC. RESTAURANT (A3/A4 USE)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Leasehold Price: £145,000 Price Reduced Annual Turnover: £570,000
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Business Description
PRIME TOWN CENTRE LOCATION
50 COVERS PLUS COURTYARD GARDEN FOR 40

BUSINESS – This is a well established concern which has been in the present hands for 2 years and which is now only being marketed as a result of the Vendors personal circumstances. Tremendous potential exists for more lunch trade and more owner input.

TURNOVER – Accounts show £570,000 P.A Ex. VAT @ 60% G.P.

HOURS – 10.00am to 10.30pm - Mon to Sat
10.00am to 10.00pm - Sun

STAFF – 6 full time and 14 part time staff WAGES - £70,000 P.A.

PREMISES – Imposing premises with attractive double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate some 50 covers. Bar Area: Counter with espresso coffee machine,ber pumps, 2 wine chillers, 2 electronic tills. Ladies and Gents: W.C ‘s Kitchen: 2 large hotplates, 4 burner range, grill, convection oven, under counter refrigeration, hot cupboard, full extractor canopy, large double freezer. Wash up area: with deep st/stl sink and dishwasher. Office:

OUTSIDE – Courtyard Garden: with paved patio area and 40 covers partially covered by marquee. Yard: Store Room/Cellar:

LIVING ACCOMMODATION – A 2 bed flat could be made available at £700 PCM

TENURE – 8 years remaining on original 10 year lease RENT - £17,000 P.A. (3 year reviews)

RATES – £8,000 P.A.( Payable 15/16) EPC RATING – TBA
Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details: A 2 bed flat could be made available at £700 PCM

Location Details:

These well appointed premises occupy a prominent trading position in the centre of this charming and historical Kent Town. The business serves a well populated, affluent residential area, drawing trade from over a wide catchment area. The Discovery park business development is closeby and the town benefits from good access to the high speed rail link to London.

Leasehold Term:

8 years remaining on original 10 year lease RENT - £17,000 P.A. (3 year reviews)

Listed by: Apex Business Sales
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R402
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