Search more Restaurants for sale in Kent
Reference R2041

Grill Restaurant and Cocktail Bar in Kent For Sale

Grill Restaurant and Cocktail Bar in Kent For Sale
Grill Restaurant and Cocktail Bar in Kent For Sale Buy a Grill Restaurant and Cocktail Bar in Kent For Sale Sell a Grill Restaurant and Cocktail Bar in Kent For Sale Grill Restaurant and Cocktail Bar in Kent For Sale for Sale Grill Restaurant and Cocktail Bar in Kent For Sale for Sale Grill Restaurant and Cocktail Bar in Kent For Sale for Sale Grill Restaurant and Cocktail Bar in Kent For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, KENT

Turnover 16,000
Price 325,000

Features

Attractive well Fitted Licensed Grill Restaurant & Cocktail Bar

At present Turkish cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine if desired.

Grade II listed building

ATTRACTIVE & SPACIOUS DOUBLE FRONTED RESTAURANT with woodstrip floor plus rear section tiled floor. Ceiling with inset lighting plus 2 air conditioning units. Tables & chairs providing seating for 70 persons.

COCKTAIL BAR, 4 draft beers, 1 2-door glass fronted counter fridge, 1 3-door glass fronted counter fridge, 2 group coffee machine, coffee grinder, fruit juice machine, blender, glasswasher etc.

LARGE KITCHEN with non-slip floor. Well fitted including 10-burner gas cooker with 2 ovens, double deep fryer, Rationale oven, 5 chest deep freezers, 4 stainless steel fridges, walk-in coldroom, double sink, wash hand basin etc.

Disabled cloakroom with w.c. & wash hand basin

Ladies' & Gentlemen's cloakrooms each with w.c. & wash hand basin

Adjoining dining area / function room. Tiled floor, retractable roof with lighting.

Tables and chairs seating 50.

Turnover

WE ARE INFORMED the turnover averages 15,000/17,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The restaurant is at present operated by the vendor with the assistance of 4 chefs, 2 kitchen porters. Restaurant area 2 full time waiters, 1 full time waitress plus part time waiters/waitresses.

Trading Hours

7 days per week
11 am - 11 pm

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, comprises:

2 Bedrooms (1 large double, 1 additional double)
Shower room with shower, w.c. & wash hand basin (new suite)
Lounge

In addition on the first floor is a storeroom plus 1 small storeroom

Outside

Smoking / Shisha area seating 12.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of 40,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates 2023/2024: 3,500 p.a. approx. after small business relief

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 325,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 162,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Restaurants for sale in Kent

Buy a Grill Restaurant and Cocktail Bar in Kent For Sale on NationwideBusinesses.co.uk