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Advert Ref: R442

Busy Leasehold Lic Restaurant In Broadstairs For Sale

  • Broadstairs, Kent
Asking price:
£85,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

PRIME TRADING POSITION
HUGE POTENTIAL FOR LONGER HOURS
46 COVERS + COURTYARD GARDEN FOR6
TURNOVER £7,200 PWK SUMMER AND £3,500 PWK WINTER

LOCATION
These immaculately presented premises occupy a prime trading location fronting a busy street in the centre this charming and popular Kent Town, the seafront and its charming beach is 200 m distant. The business draws custom from over a wide catchment area augmented by a high level of regular local trade.

BUSINESS
This is a well established concern which has been in the present hands for 3 years and which is now only being marketed as a result of the vendors other business interests. The business was rebranded in July 2020 as a smokehouse/grill restaurant which has proved incredibly successful. Tremendous potential exists for lunch trade (Especially in summer months).

TURNOVER
£7,200 PWK in summer and £3,500 PWK projected during winter months @ 65% GP.

HOURS
5.00pm – 10.00pm 7 Days

PREMISES
Imposing mid parade premises. Double frontage and single entrance to: Restaurant Area: 46 covers at quality furniture, Bar counter, upright chiller, till, lobby/store area: 2 chest freezers, 2 fridges. Sep Ladies and Gents: W.C's. Kitchen: griddle, double fryer, elect hob, extractor canopy, upright chiller, prep surfaces, double st/stl sink, 2 microwave ovens. Store area: OUTSIDE: Courtyard to rear with covered area and 6 additional covers in clement weather. 2 Parking spaces.

TENURE
New 15 year lease available RENT - £12,000 P.A. (5 year reviews)

EPC RATING
Band D

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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