Cafes for sale in Gravesend

View the "LEASEHOLD LIC. ITALIAN RESTAURANT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

LEASEHOLD LIC. ITALIAN RESTAURANT

Gravesend, Kent, England

  • Leasehold Price: £180,000  Price Reduced arrow_drop_down
Seller Reference: R437
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Business Description
 
 
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Seller Reference: R437
Request Details
Business Description
PRIME TOWN CENTRE LOCATION
78 COVERS
TURNOVER £14,000 PWK
CLOSED SINCE DECEMBER 2019
RENTAL OPTION AVAILABLE £1,000 PWK RENT. £15,000 DEPOSIT
PRIME TOWN CENTRE LOCATION
78 COVERS
TURNOVER £14,000 PWK
CLOSED SINCE DECEMBER 2019
RENTAL OPTION AVAILABLE £1,000 PWK RENT. £15,000 DEPOSIT

LOCATION
These immaculately presented premises occupy a prime trading location fronting a busy street in the centre of Gravesend, enjoying tremendous footfall and being close to all the major multiples, banks and offices. The business enjoys excellent passing and local trade, serving a huge residential catchment area.

BUSINESS
The business is well established and has traded in the present hands since 2004. The business is only being marketed as a result of management issues.

TURNOVER
£14,000 PWK @ 65% G.P.

HOURS
7 Days - 11.30am to 10.30pm

PREMISES
Mid parade premises with charming double frontage and single entrance to: Restaurant Area: Charming contemporary décor. 78 covers at quality furniture. Bar counter, electronic till with kitchen printer, espresso machine, 2 deck pizza oven. Sep Ladies and Gents: WC's. Kitchen: 2 x 6 burner ranges, 2 ovens, full extractor canopy, prep surfaces, hot cupboard, under counter refrigeration, upright chiller, 2 deep st/stl sinks. Store Room: Walk in Coldroom, walk in freezer. First Floor: Office/Store Room: Staff Shower Room: Basement: Large store Area.

TENURE
10 years remaining on original lease with a 25 year extension available RENT £31,200 P.A. (5 year reviews)

The business is also available to rent for an upfront deposit of £15,000 and an annual rent of £52,000 for the first year rising to £62,400 P.A.

EPC RATING
TBA

BUSINESS RATES
£6,500 P.A. (Payable)
Tenure:
Leasehold
Listed by:
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