Restaurants for sale in Kent

View the "Licensed Restaurant in Kent" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Licensed Restaurant in Kent

Kent, England

  • Leasehold Price: £195,000
  • Weekly Turnover: £10,000
Seller Reference: R8535
Request DetailsEmail email
Business Description
 
 
 
Image 1 of 3 video_library
Seller Reference: R8535
Request Details
Business Description
The business has been in the same hands for the past 18 year & there are genuine reasons for sale.

The spacious property is a Grade II listed building & we understand built in approximately 1470's

SPACIOUS GROUND FLOOR with wealth of oak beams. 3 separate restaurant areas, fully carpeted & with wealth of oak beams, ceiling with spotlighting. Tables & chairs for a total of 72 persons.

Stairs to FIRST FLOOR ADDITIONAL RESTAURANT AREA ideal for functions or private parties, fully carpeted & with tables & chairs providing seating for 22 persons.

GROUND FLOOR REAR PREPARATION SECTION with cool display serveover counter, coffee machine, 2 filter coffee machines, under-counter milk fridge, 2 glass fronted counter fridges.

Ladies' cloakroom with w.c. & 2 wash hand basins
Gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with non-slip floor. The equipment includes 1 6-burner gas cooker with double oven, griddle, 3 basket deep fryer, bain marie, hot cupboard, freestanding convection oven, 2 upright stainless steel fridges, 2 upright single door white deep freezers, 3 2-door stainless steel counter fridges.

WASH-UP AREA with dishwasher, single sink & drainer

Rear store area with 2 upright deep freezers, 1 ice cream deep freezer

Excellent trading position, sought after KENT

• ACCOMMODATION INCLUDED

The SPACIOUS living accommodation with a wealth of oak beams, SECONDARY DOUBLE GLAZING & FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £900 per month, however we understand that vacant possession can be given on completion, if required. The SPACIOUS accommodation comprises:

3 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large Lounge with inglenook fireplace
Fully fitted kitchen

Turnover : £10,000 p.w. in our opinion offering tremendous potential for further increase, especially with evening opening, if desired. We are further advised that the sales year ending 31st August, 2017 showed £484,000 net of VAT. We are further advised that the gross profit is in the region of 71% & we further understand that the net profit showed in the region of £62,000.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

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.

Lease : £195,000 (R8535)

www.NationwideBusinesses.co.uk

Trading hours:
Monday - Saturday inclusive - 9 a.m. - 5 p.m.
Sunday opening - 10 a.m. - 5 p.m.
In our opinion there is terrific potential for evening opening, if desired
Number of employees:
The business is at present operated by the vendor on a part time basis with the assistance of his wife (4 days per week). Staff employed. Kitchen area 3 full time chefs, 2 part time cooks. Restaurant area 1 full time supervisor/manager, 4 full time waitresses plus 6/7 part time waitresses when required.
Tenure:
Leasehold
Is accommodation included?:
The SPACIOUS living accommodation with a wealth of oak beams, SECONDARY DOUBLE GLAZING & FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £900 per month, however we understand that vacant possession can be given on completion, if required. The SPACIOUS accommodation comprises:

3 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large Lounge with inglenook fireplace
Fully fitted kitchen
Location Details:
Excellent trading position, sought after KENT
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image