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Advert Ref: R439

Established Restaurant In Faversham - Kent For Sale

  • Faversham, Kent

LOCATION
These immaculately presented premises occupy a prime trading location fronting a busy street in the centre of Faversham, enjoying tremendous footfall and being close to all the major multiples, banks and offices. The business enjoys excellent passing and local trade, serving a huge residential catchment area. Some 5000 new homes are currently being built in the near vicinity.

BUSINESS
The business is well established and has traded in the present hands for 29 years. The business is only being marketed as a result of the vendors wish to retire. Although presented as a Chinese restaurant, the premises are ideal for a wide range of catering uses.

TURNOVER
£7,000 - £8,000 PWK @ 65% G.P. (inc. approx £2,000 pwk takeaway trade)

HOURS
7 Days - 12.00pm to 2.00pm and 5.00pm to 11.00pm 6 Days (Closed Tuesday)

PREMISES
Grade II listed mid parade premises with charming double frontage and single entrance to: Restaurant Area: Charming contemporary décor. 60 covers at quality furniture. Bar counter, electronic till with kitchen printer. Sep Ladies and Gents: WC's. Kitchen: Chinese range, 6 burner range, 2 ovens, full extractor canopy, prep surfaces, hot cupboard, upright chiller, 2 deep st/stl sinks. Store Room: OUTSIDE: Yard: Walk in Coldroom: 3 Parking Spaces: Store room: Staff W.C.

LIVING ACCOMMODATION
Flat over comprising: 4 Bedrooms: Bathroom:
OBSERVATIONS
Freehold available - Price negotiable.

TENURE
New 15 year lease. RENT - £26,000 P.A. (5 year reviews)

EPC RATING
Exempt

BUSINESS RATES
£9,100 P.A. (Payable)

Property:
Freehold
Premises details:
Grade II listed mid parade premises with charming double frontage and single entrance to: Restaurant Area: Charming contemporary décor. 60 covers at quality furniture. Bar counter, electronic till with kitchen printer. Sep Ladies and Gents: WC's. Kitchen: Chinese range, 6 burner range, 2 ovens, full extractor canopy, prep surfaces, hot cupboard, upright chiller, 2 deep st/stl sinks. Store Room: OUTSIDE: Yard: Walk in Coldroom: 3 Parking Spaces: Store room: Staff W.C.

Trading hours:
7 Days - 12.00pm to 2.00pm and 5.00pm to 11.00pm 6 Days (Closed Tuesday)

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

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