Restaurants for sale in Ramsgate

View the "SEASIDE RESTAURANT, RAMSGATE, KENT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Y. MacGregor (Nov 2017)
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Leasehold Price: £85,000
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Business Description
Stunning views over harbour and sea, great location close beach and town centre, 1065 sq ft, 72 covers, taking £3,500/£4,000 pw. Same hands 17 years, rent £15,600 pa, rates £1,200 pa. Rare opportunity.

BUSINESS: In the same hands 17 years, the family run business takes on average, £3,500/£4,000 pw at 65% gp.

EQUIPMENT: The fully fitted premises has full gas central heating with a new boiler, a Pavouni cappuccino machine, a grinder, a double bar fridge, an Asbeti glass washer, a combi stainless steel upright fridge, a Falcon 6 burner gas cooker with oven, a double Buffalo fryer, dishwasher, a double hot cabinet, a 3 door stainless steel pizza fridge, a 2 door stainless steel preparation Polar fridge, an ice cream maker, a Polar stainless steel upright fridge, furniture, etc.
Trading Hours:
Noon to 3.00 pm and 6 pm till late.

Tenure: Leasehold

Location Details:
Situated on west cliff terrace overlooking the harbour with stunning views across the water. This restaurant occupies the best position in Ramsgate with its very busy location just a 2 minute walk away from the town centre and 4 minutes to the beach. The Travel Lodge is 200 yards away. A family run business with high quality food. First viewer will buy with great potential.

Leasehold Term:
Renewable 7 year lease from 25 March 2012 with 3 yearly rent reviews (next in 2018) at the excellent current rent of £15,600 pa. a very good landlord. Longer renewable lease up to 20 years available if required.

Listed by: Pegasus Business Sales

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