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Advert Ref: C1189

Leasehold Lic. Restaurant In Sittingbourne

  • Sittingbourne, Kent
Asking price:
£100,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
These well appointed premises occupy a coveted trading position fronting the High Street in the centre of Sittingbourne being amongst all the major stores, Banks and Offices. There is currently a massive regeneration underway in Sittingbourne which is increasing footfall significantly.

BUSINESS
Only recently established and opened as an Indian the business is now only being marketed as a result of partnership problems. The premises are suitable for a variety of styles of cuisine and possibly splitting in to two separate concerns, upstairs and downstairs as there are two separate entrances.

TURNOVER
We are informed that the business enjoys a rising turnover of £5,000 PWK.

STAFF
Vendor & partner plus 7 staff.

HOURS
5.00pm to 9.30pm Mon to Thurs
4.00pm - 10.00pm Fri & Sat
Closed Sun

PREMISES
Imposing corner premises with single entrance to: Restaurant Area: tasteful decor and furnished to accommodate 65 covers, Bar: Fully equipped. Well appointed Customer Toilets: Staff W.C. Office: First Floor: (Approached via separate front entrance) Restaurant Area: With a further 65 covers. Bar: Fully equipped. Kitchen: fully equipped with a comprehensive inventory of commercial equipment (Inventory available on request). Wash up Area: Cellar/Store Area: Outside: Yard: pedestrian access.

TENURE
New 20 year lease from September 2024. RENT - £35,000 PA (5 year reviews)

EPC RATING
Band D

BUSINESS RATES
£9,000 P.A.

Property:
Leasehold
Premises details:
Imposing corner premises with single entrance to: Restaurant Area: tasteful decor and furnished to accommodate 65 covers, Bar: Fully equipped. Well appointed Customer Toilets: Staff W.C. Office: First Floor: (Approached via separate front entrance) Restaurant Area: With a further 65 covers. Bar: Fully equipped. Kitchen: fully equipped with a comprehensive inventory of commercial equipment (Inventory available on request). Wash up Area: Cellar/Store Area: Outside: Yard: pedestrian access.

Trading hours:
5.00pm to 9.30pm Mon to Thurs 4.00pm - 10.00pm Fri & Sat Closed Sun

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

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