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.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 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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