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Advert Ref: C1076

Leasehold Tex/mex Restaurant In Sittingbourne - Kent For Sale

  • Sittingbourne, Kent
Asking price:
£75,000
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
This is a well established concern which has been in the present hands since 2017 and which is now only being marketed as a result of the Vendors retirement and other business interests. The premises are of course suitable for a variety of styles of cuisine. Tremendous potential exists for the introduction of Sunday trade.

TURNOVER
Turnover is currently £6,000 pwk, but achieved alot more prior to Covid.

STAFF
5 Full time and 3 Part timers WAGES - £90,000 P.A.

HOURS
12.00noon to 10.00pm - Mon to 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 RENT - £45,000 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:
12.00noon to 10.00pm - Mon to Sat Closed - Sun

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

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