Established L/hold Thai Restaurant In Faversham - Kent For Sale

Business Description

LOCATION
These well appointed premises occupy a coveted trading position fronting a busy main Street in the centre of Faversham, serving a densely populated residential area. 5,000 new homes are currently under construction nearby which will, in no doubt increase trade.

BUSINESS
This is a well established concern which has been in the present hands for some 3.5 years and which is now only reluctantly being marketed as a result of the Vendors wish to retire. The premises currently trade as a thai restaurant but would be ideal for a tea rooms/coffee shop or upmarket bar.

TURNOVER
£3,000 PWK @ 65% GP. (on 3 days pwk trading)

HOURS
5.00pm to 11.00pm - Thurs to Sat only

PREMISES
Grade II listed, single fronted premises with single entrance to: Restaurant/Café area: Recently refurbished throughout. Bar Counter, till. 30 Covers. Further seating area which lends itself to a prep kitchen. Customer W.C. Basement Area:
TENURE
New 15 year lease RENT - £25,500 PA (5 year reviews)

EPC RATING
Not required

BUSINESS RATES
£2,300 P.A (Payable)

Property Information

Property:

Leasehold

Premises details:

Grade II listed, single fronted premises with single entrance to: Restaurant/Café area: Recently refurbished throughout. Bar Counter, till. 30 Covers. Further seating area which lends itself to a prep kitchen. Customer W.C. Basement Area:

Business Operation

Trading hours:

5.00pm to 11.00pm - Thurs to Sat only

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed