Leasehold Lic. Italian Restaurant In Folkestone, Kent

Business Description

LOCATION
These superbly presented premises occupy a prominent trading position fronting a busy main shopping street close to the centre of this charming Kent Town. The business serves a well populated, affluent residential area which provides regular all year round trade.

BUSINESS
This well established concern serves an authentic traditional Italian menu in a spacious well presented space generating a lovely Italian ambience and a well deserved following by local and visiting customers alike. The business fronts a wide pavement to the front which offers good potential to add al fresco seating for 16-18 customers for afternoon opening serving coffees and drinks if desired. The business is now for sale due to the vendors retirement after 26 years in his ownership.

TURNOVER
Accounts show £200,000 P.A. @ 60% GP.

STAFF
Vendor plus 3 Full time.

HOURS
12.00 – 2.30pm & 6.00pm – 10.30pm Tues, Fri & Sun
12.00 – 2.30pm & 6.00pm – 10.00pm Sat (Closed Mon)
Huge potential for Monday trading.

PREMISES
Attractive double fronted premises with single entrance to: air conditioned Restaurant Area: Tastefully decorated and furnished to accommodate some 45 covers with wooden flooring. Marble topped Drinks Bar/Servery to front with coffee machine, drinks display shelving, large upright drinks display chiller, electronic till st/st sink, glass washer. Open plan kitchen servery to rear with clay tiled roof. Glass fronted display cabinet, pizza oven, ice cream fridge. Kitchen: fully tiled. St/st work tops, dough mixer, 6 ring ghas oven with extractor over, gas grill, dble fryer, 4 pan bain marie, dble deep st/stl sink, grill, w/hand basin, 3 upright fridges. Prep Room: fully tiled, dble st/stl sink, st/stl work table, meat slicer, st/stl dish washer. Store Room/Office with shelving. Store Room 2 with 2 upright freezers. Store Room 3 with shelving.
Separate Ladies & Gents WC's. each with wash hand basin. Door to outside Rear Yard: bin storage.

TENURE
New 20 year lease available RENT - £17,500 P.A. (3 year reviews)

EPC RATING
Band C

BUSINESS RATES
£840.58 P.A. (Payable)

Property Information

Property:

Leasehold

Premises details:

Attractive double fronted premises with single entrance to: air conditioned Restaurant Area: Tastefully decorated and furnished to accommodate some 45 covers with wooden flooring. Marble topped Drinks Bar/Servery to front with coffee machine, drinks display shelving, large upright drinks display chiller, electronic till st/st sink, glass washer. Open plan kitchen servery to rear with clay tiled roof. Glass fronted display cabinet, pizza oven, ice cream fridge. Kitchen: fully tiled. St/st work tops, dough mixer, 6 ring ghas oven with extractor over, gas grill, dble fryer, 4 pan bain marie, dble deep st/stl sink, grill, w/hand basin, 3 upright fridges. Prep Room: fully tiled, dble st/stl sink, st/stl work table, meat slicer, st/stl dish washer. Store Room/Office with shelving. Store Room 2 with 2 upright freezers. Store Room 3 with shelving.<br>Separate Ladies & Gents WC's. each with wash hand basin. Door to outside Rear Yard: bin storage.

Business Operation

Trading hours:

12.00 – 2.30pm & 6.00pm – 10.30pm Tues, Fri & Sun 12.00 – 2.30pm & 6.00pm – 10.00pm Sat (Closed Mon) Huge potential for Monday trading.

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed