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Spacious superbly fitted LICENSED RESTAURANT

Price:
Leasehold - £249,950
Turnover:
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Seller Ref:
R1087
Location:

Kent

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Kent
Indian restaurants for sale in Kent
Fast food restaurants for sale in Kent
Indian takeaways for sale in Kent
Food service businesses for sale in Kent
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Newly fitted by the present owner at considerable expense. At present Indian cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.

SPACIOUS RESTAURANT. Front area with attractive tiled floor. Attractive bar with wooden servery, double door glass fronted counter fridge, optics. Restaurant area with quality woodstrip floor, ceiling with inset lighting. 3 air conditioning units. Tables and chairs providing seating for 72 persons. Hot buffet unit.

Large level kitchen with quarry tiled floor. Well equipped including 2 6-burner gas cookers, tandoori oven, stainless steel tables, 1 stainless steel fridge, 1 fridge, 1 small fridge, double sink and drainer, wash hand basin

First floor fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
Fully tiled gentlemen's cloakroom with 2 urinals, w.c. and wash hand basin

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £28,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £11,030 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £249,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, KENT
Trading Hours:
12 noon - 2.30 p.m. & 6 p.m. - 11.30 p.m. seven days per week
Accommodation:
The accommodation which is situated on the first floor plus attic area is at present utilized by staff and comprises:

First Floor
2 Double Bedrooms
Shower room with shower, w.c. and wash hand basin

Stairs to Attic Double Bedroom

Courtyard area with decking providing customers smoking area. In addition there is a yard to a brickbuilt store with 2 chest deep freezes plus 1 glass fronted fridge.
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