Nationwide welcomes to the market this FREEHOLD LICENSED INDIAN RESTAURANT plus BED & BREAKFAST. End of parade, busy road, KENT.
The property occupies a corner position & is situated not far from the castle.
GROUND FLOOR SPACIOUS RESTAURANT with woodstrip floor, partly carpeted, ceiling lighting. Tables & chairs providing seating for 100 persons (can be increased to accommodate 120 persons). LARGE BAR with 5 hand pumps, 3 double door glass fronted counter fridges, 1 single door glass fronted counter fridge, 2 computerised tills, 2 sinks, ice machine, glasswasher.
LARGE KITCHEN with non-slip floor & fully equipped including 2 double door fridges, 1 single door fridge, 1 3-door stainless steel counter fridge, 1 upright stainless steel deep freezer, 1 chest deep freezer, stainless steel extractor, 9-burner gas cooker with 2 double ovens, Tandoor oven, 2 commercial microwave ovens, 2 deep fryers, dishwasher, double sink & drainer.
Ground floor storeroom
Ladies' cloakroom with tiled walls, 3 w.c's, 4 wash hand basins, mirrors
Gentlemen's cloakroom with tiled walls, 4 urinals, 2 w.c's, 2 wash hand basins
The accommodation is currently used for Bed & Breakfast & comprises:
2 Double Bedrooms each with en suite shower room with shower, w.c. & wash hand basin
1 Double Bedroom
2 Twin Bedrooms
1 Treble Bedroom
All with en suite shower room with shower, w.c. & wash hand basin
2 Double Bedrooms
2 Family Bedrooms
Each with en suite shower room with shower, w.c. & wash hand basinTurnover :
WE ARE ADVISED the turnover in respect of the restaurant alone is in the region of £9,000/£10,000 p.w. in our opinion offering further potential for development in the right hands. The 10 en suite letting bedrooms are used for Bed & Breakfast & we are advised that the sales in respect of the Bed & Breakfast section only year ending 30th April, 2017 showed £227,000.
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS IN THE REGION OF £1,000,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Alternatitvely the vendor is prepared to consider the sale of the freehold ground floor restaurant with the adjoining kitchen and toilet facilities.
ASKING PRICE FOR TE GROUND FLOOR FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £500,000 plus STOCK AT VALUATION
SUBSTANTAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £1,000,000 (R9009)