Leasehold Licensed Restaurant
Business for sale
Asking Price:
£50,000
Turnover:
£91,000
Annual profit:
£46,137
Audited accounts:
Yes
Management accounts:
Yes
Business description
Ref: r303Property: Leasehold
Description
Attractive well established lock up restaurant currently serving Malaysian cuisine. T/O £1,750 pwk @ 65% GP.
PREMISES – Mid parade premises with attractive double frontage and single entrance to: Dining Area: Tastefully decorated and furnished to accommodate 32 covers. Bar: Counter, chiller cabinet, beer coolers and pumps (in situ but not used at present,) Kitchen: 2 Wok range, chargrill, double fryer, 3 microwave ovens, extractor canopy, rice cooker, prep. surfaces, double st/stl sink, dishwasher, coffee machine, ample fridges and freezers . Lower Ground Floor: Sep. Ladies and Gents: W.C. facilities. Substantial store room: divided into 2 large areas suitable for conversion to further restaurant area (could accommodate some additional 40 Covers.)
Terms of the lease/leasehold
Approx 6.5 years remaining on a 10 year lease. Rent £9,000 pa. (4 year reviews)
Location and Property
These superbly presented premises occupy a prominent trading position fronting a busy main road in the centre of this charming Kent port, being 100 yards from the harbour.
Trading Hours of Business
12pm - 2.30pm & 5.30pm - 11.00pm Weds to Mon Closed Tues
