Italian Restaurant in Kent

Nationwide welcomes to the market this ATTRACTIVE WELL FITTED LICENSED RESTAURANT. Main road trading position, KENT.

Well established as Italian cuisine, which can obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

Sales year ending 30th November, 2018 showed £483,332 with a gross profit of £298,859.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with quality tiled floor, beamed ceiling, hanging lighting. Air conditioning/heating. Tables & chairs providing seating for 55 persons. BAR. 3-door glass fronted counter fridge, glasswasher, sink, 1 fridge 2 deep freezers.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with quarry tiled floor, tiled walls. The equipment includes stainless steel extractor, large gas griddle, single deep fryer, stainless steel counter fridge with 2 doors & drawers, double sink & drainer, wash hand basin

Storage area with 1 glass fronted fridge, 1 additional fridge

Turnover : WE ARE INFORMED the turnover currently averages £14,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 30th November, 2018 showed sales of £483,332 with a gross profit of £298,859 & a net profit of £152,264 (including directors salaries of £18,452).

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £173,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN 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.Lease : £173,000 (R9150)

www.NationwideBusinesses.co.uk