Overview
Description
PRIME RIVERFRONT LOCATION
100 COVERS
TOTALLY REFURBISHED
HUGE POTENTIAL
TURNOVER £620,000 PA
LOCATION
These superbly presented premises occupy a prominent trading position fronting a busy Street overlooking the River Stour being close to the centre of this charming and historical Kent Town. The business serves a well populated, affluent residential area which provides regular all year round trade.
BUSINESS
This is a well established concern which has been in the present hands for 5 years and which is now only being marketed as a result of the Vendors requiring a change. Tremendous potential exists for the introduction of longer opening hours (Especially Mondays) and more marketing and social media promotion.
TURNOVER
£620,000 P.A. @ 70% G.P.
STAFF
Vendors plus 4 full time, 10 part time and casual staff WAGES – £3,500 PWK.
HOURS
12.00pm to 9.00pm Tues – Sun (Closed – Mon)
PREMISES
Imposing detached premises with attractive double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate some 100 covers. Central Bar Area: Counter with draught beer pump, 2 group espresso coffee machine, bean grinder, EPOS till, gelato display chiller, ice machine, drinks chiller. Open Plan Kitchen Area: Log fired pizza oven, large toppings unit, small toppings unit, 3 phase dough mixer. Office: Customer Disabled W.C and w/basin. Store Room: Staff W.C’s: Prep Room: mixer, turbo chef oven, gelato machine, grill, washer, dryer. First Floor: 4 Offices: Sublet producing £8,000 P.A.
TENURE
6 years remaining on original 10 year lease. RENT – £21,000 P.A. (5 year reviews – next review 2024)
EPC RATING
Band E
BUSINESS RATES
£7,800 P.A. (Payable)
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is stock included:
Listed By:
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