LEASEHOLD LIC. RESTAURANT

  • Price: £49,500
  • Leasehold Price: £49,500
Hythe, Kent, England
Seller Ref:R434
For Sale

LEASEHOLD LIC. RESTAURANT

Hythe, Kent, England
Seller Ref:R434
  • Price: £49,500
  • Leasehold Price: £49,500

Overview

Seller Ref: R434

Description

PRIME MAIN ROAD LOCATION
IDEAL FOR NUMEROUS CATERING TRADES
RENT ONLY £12,500 P.A.
TURNOVER £4,500 PWK
60 COVERS PLUS FUNCTION ROOM FOR 20

LOCATION
These immaculately presented premises occupy a prime trading location fronting a busy main road and being just off the High Street of this Historical Town. The business enjoys excellent passing and local trade.

BUSINESS
The business is well established and has traded in the present hands for some 7 years as an Indian restaurant. The premises are ideal for a wide range of alternative styles of cuisine.

TURNOVER
£4,500+ PWK @ 65% G.P.

HOURS
Tues to Sun – 5.30pm to 10.30pm ( Monday closed)

PREMISES
Elegant Main entrance at ground level. Entrance hall and stairs to First Floor: Restaurant Area: Charming contemporary décor featuring high ceiling. 60 covers at quality furniture. Bar counter, till. Sep Ladies and Gents: WC’s. Function Room: with a further 20 covers. Kitchen: 8 burner range, tandoori oven, full extractor canopy, prep surfaces, hot cupboard, under counter refrigeration, upright chiller, deep st/stl sink. Store Room: Office/Store Room:

TENURE
10 years remaining on original lease. RENT £12,500 P.A. (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
£4,500 P.A. (Payable)

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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