Licensed Italian Restaurant in Kent For Sale

Situated in a parade, excellent trading position, sought after KENT

Turnover £ 4,500
Price £85,000

Features

Established Licensed Italian Restaurant

4 DAYS OPENING
5 STAR HYGIENE RATING
MIDNIGHT LICENCE

SINGLE FRONTED RESTAURANT in the region of 430 ft² with laminated strip floor, spot light, sales counter, EPOS till, 2 x under counter drinks display fridge (glass fronted upright), CCTV system (2 cameras).

Tables and chairs providing seating for 22 People.

Open plan kitchen area with stainless steel extractor unit, Cooker (Gas 8-burner), fridge, freezer, preparation table, microwave, pizza oven (2-deck).

Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 65% approx. (no portals)

Staff

The business is at present operated by the 2 partners with the assistance of 1 part time staff.

Trading Hours

4 Day week
WEDNESDAY & THURSDAY - 5pm - 9pm
FRIDAY 5pm -9.30pm
SATURDAY 12 noon - 3pm then 5pm - 9.30pm

Outside

Parking space for 1 car via permit

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 9 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £15,750 p.a.

Business Rates from April 2026 £400 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JUNE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote