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Superb newly fitted spacious LICENSED RESTAURANT

Price:
Leasehold - £85,000
Turnover:
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Seller Ref:
R1797
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
Other takeaways 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 : Outstanding opportunity to acquire a newly fitted Licensed Restaurant recently opened as Indian cuisine.

IMPRESSIVE DOUBLE FRONTED (Tinted Glass) RESTAURANT. Laminated strip floor, attractive ceiling lighting, 2 air conditioning units. Tables and chairs providing seating for 40 persons. Bar with 2 hand pumps, optics, mirror-backed shelving, computer system.

Stairs to basement providing additional restaurant area for 40 persons.

Ground floor fully tiled ladies' and gentlemen's cloakrooms

Level kitchen with tiled floor. Stainless steel wall cladding. The equipment includes 12-burner gas cooker, gas Tandoori oven, commercial microwave oven, 1 double door stainless steel fridge, double sink and drainer, wash hand basins, stainless steel tables, hot cupboard etc.

Rear stockroom with 2 chest deep freezes, 1 upright deep freeze, shelving.
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover currently averages £2,500 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 new 21 years lease from December, 2007 at a rental of £19,000 p.a. exclusive of rates up to December, 2012. We understand the rent is currently under rent review at the present time, with rent reviews every 4 years thereafter.

Uniform Business Rates: £6,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position, sought after locality, KENT.
Trading Hours:
Monday - Saturday inclusive - 12 noon - 2.30 p.m. & 6 p.m. - 11 p.m.
Sunday opening - 12 noon - 2
Accommodation:
The accommodation comprises 2 Flats over, all recently refurbished and with FULL GAS FIRED CENTRAL HEATING.

First Floor Flat, partly utilised by staff, comprising:
4 Bedrooms (1 double, 3 singles)
Bathroom with bath, w.c. and wash hand basin
However, we understand 2 of these rooms are let and at present produce a rental income of £450 per month.

SELF CONTAINED SECOND FLOOR FLAT also with Full Gas Fired Central Heating is at present let on a shorthold tenancy and provides a rental income of £690 per month. This Flat comprises:

3 Rooms
Bathroom with bath, w.c. and wash hand basin
Kitchen

Garden at rear
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