Turkish Restaurant in Kent For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, KENT.

Turnover £ 10,000
Price £250,000

Features

Spacious Licenced Turkish Restaurant and Steakhouse

6 DAYS OPENING
4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 2,500 ft² WITH CANOPY, tiled floor, ceiling with spot lights, Air conditioning with hot air. Bar, EPOS till. Tables and chairs providing seating for 140 People, CCTV system (6 cameras, 1 monitor).

Ladies' & gentlemen's plus disabled Toilet with w.c. and wash hand basin.

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 6-burner), large grill, bain marie, deep fryer (2 pan), salamander grill, 3 under counter fridge, 2 x freezer, 3 stainless steel preparation table, dishwasher, double sink and drainer

Walkin coldroom.
Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 60% approx. (£100 online sales)

Staff

The business is at present operated by the Husband & Wife team with 3 full time & 3 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 5pm - 10.30pm
SUNDAY 12pm - 8pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £30,000 p.a.

Business Rates from April 2024 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote