Restaurants for sale in Folkestone

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Indian Restaurant in Folkestone, Kent

Folkestone, Kent, England

  • Freehold Price: £595,000
Seller Reference: NB-R6656
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Business Description
 
 
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Seller Reference: NB-R6656
Request Details
Business Description
Nationwide brings to the market this SPACIOUS FREEHOLD LICENSED RESTAURANT (We understand the restaurant has been closed since July, 2017, however in our opinion offers tremendous potential for development in the right hands. Situated in a parade, excellent trading position, close to Harbour & Town Centre, KENT.

The property is we understand situated in a conservation area. We further understand that it was built in approximately 1856.

At present operated on a low key basis. The business has been in the same hands for many years and is operated as Indian cuisine. In view of the excellent trading position, in our opinion there is potential for other types of cuisine including Italian, Spanish, Mexican, French & Chinese. Alternatively the premises could be used for a retail trade, if desired, subject to the Council's approval.

SPACIOUS SINGLE FRONTED RESTAURANT, carpeted, wall & ceiling lighting. Tables and chairs providing seating for 32 persons (in our opinion there is potential to increase the seating capacity to approximately 50 persons) BAR.

LEVEL KITCHEN with industrial non-slip floor. The equipment includes Tandoori oven, 6-burner gas cooker, 4-burner gas cooker, hot plate, 3 upright fridges, 3 small wine fridges, 3 chest deep freezes, 1 upright deep freeze, stainless steel tables, sink and drainer etc.

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

Large Cellar (ideal for storage purposes)

Turnover : AS STATED ABOVE we understand the restaurant has been closed since July, 2017, however in our opinion there is terrific potential for development in the right hands.

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, fIXTURES & FITTINGS in excess of £595,000
SUBSTANTIAL 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 : £595,000 (R6656)

www.NationwideBusinesses.co.uk

Tenure:
Freehold
Is accommodation included?:
The SPACIOUS living accommodation all generally in GOOD CONDITION, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Additional Lounge

Adjoining accommodation is identical, comprising:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Additional Lounge

First Floor Roof Patio area
Listed by:
Request Details

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