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Advert Ref: C1162

Leasehold Lic. Pizzeria Restaurant in Sandwich In Kent

  • Sandwich, Kent
Asking price:
£135,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
These superbly presented premises occupy a prominent trading position fronting a busy Street overlooking the River Stour being close to the centre of this charming and historical Kent Town. The business serves a well populated, affluent residential area which provides regular all year round trade.

BUSINESS
This is a well established concern which has been in the present hands for 5 years and which is now only being marketed as a result of the Vendors requiring a change. Tremendous potential exists for the introduction of longer opening hours (Especially Mondays) and more marketing and social media promotion.

TURNOVER
Accounts for April 5th 2025 year end show net takings of £565,500 P.A. @ 70% G.P.

STAFF
Vendor plus 4 full time, 10 part time and casual staff WAGES - £4,500 PWK.

HOURS
12.00pm to 9.00pm Tues - Sun (Closed - Mon)

PREMISES
Imposing detached premises with attractive double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate some 100 covers. Central Bar Area: Counter with draught beer pump, 2 group espresso coffee machine, bean grinder, EPOS till, gelato display chiller, ice machine, drinks chiller. Open Plan Kitchen Area: Log fired pizza oven, large toppings unit, small toppings unit, 3 phase dough mixer. Office: Customer Disabled W.C and w/basin. Store Room: Staff W.C's: Prep Room: mixer, turbo chef oven, gelato machine, grill, washer, dryer. First Floor: 4 Offices: Sublet producing £8,000 P.A.

TENURE
6 years remaining on original 10 year lease. RENT - £21,000 P.A. (5 year reviews - next review 2024)

EPC RATING
Band E

BUSINESS RATES
£7,800 P.A. (Payable)

Property:
Leasehold
Premises details:
Imposing detached premises with attractive double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate some 100 covers. Central Bar Area: Counter with draught beer pump, 2 group espresso coffee machine, bean grinder, EPOS till, gelato display chiller, ice machine, drinks chiller. Open Plan Kitchen Area: Log fired pizza oven, large toppings unit, small toppings unit, 3 phase dough mixer. Office: Customer Disabled W.C and w/basin. Store Room: Staff W.C's: Prep Room: mixer, turbo chef oven, gelato machine, grill, washer, dryer. First Floor: 4 Offices: Sublet producing &pound;8,000 P.A. <br>

Trading hours:
12.00pm to 9.00pm Tues - Sun (Closed - Mon)

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

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