Nationwide brings to the market this SPACIOUS OLDE WORLDE LICENSED RESTAURANT. Excellent trading position, sought after KENT.
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 freezerTurnover :
£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, 2019 showed £499,711 with a gross profit of £365,462.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 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 : £150,000 (R8535)
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