Business Transfer Agents ~ Energy Assessors ~ Valuers ~ Stocktakers ~ Finance Brokers

Photo of a real estate agency Photo of a conveniance shop Photo of a business strand Photo of a mobile business Photo of a pub Photo of a coffee shop
 
Advert Ref: C1162

Leasehold Pizza Restaurant In Sandwich – Kent For Sale

  • Sandwich, Kent
Asking price:
£185,000
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
£620,000 P.A. @ 70% G.P.

STAFF
Vendors plus 4 full time, 10 part time and casual staff WAGES - £3,500 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

If you are interested in finding out more about this business for sale, click on the button below.