Exceptional Restaurant and Takeaway in Kent For Sale

Occupying a corner position, excellent High Street trading position, residential, office and commercial area, Kent.

Turnover £ 3,000
Price £38,000

Features

Well Presented Carribean Restaurant & Take Away

5 DAYS OPENING
OUTSIDE SEATING FOR 20 PEOPLE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, wood strip floor, volted ceiling with spot hanging lights, sales counter, EPOS till, hot display cabinet. Tables and chairs providing seating for 50 People, open cool display unit (1.5 metres), glass extractor unit, Gas 4-burner Cooker, 2 Ovens, Large fridge, 2 x freezers, CCTV system (4 cameras, 1 monitor).

Toilet with w.c. and wash hand basin..
Small Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the vendor with family support

Trading Hours

5 Day week
TUESDAY - SATURDAY 11am - 6pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2015 with reviews every 4 years (next review 2027) at a current rent of £20,200 p.a. + VAT (including service charge (£2,400 approx))

Business Rates from April 2024 £1,470 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £38,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote