Superb Newly Fitted Licensed Restaurant In Kent For Sale

Business description

Recently opened as Thai cuisine. We understand that this is the only Thai Restaurant in the Orpington are. However the premises offers potential for other types of cuisine, if desired The present owners operated a Thai Restaurant approx. 300 yards away trading for approx. 15 years. They have now relocated to a more prime position in the High Street.
New shop front to ATTRACTIVE RESTAURANT all refurbished and newly fitted. New quality laminated strip floor, air conditioning, ceiling with inset spotlighting, 3 mirrors to walls. Tables and chairs providing seating for 42 persons. Bar with attractive marble top, glass shelving, glasswasher, 3-door glass fronted counter fridge etc.

Level kitchen, ceramic tiled floor all newly equipped including new stainless steel extractor with stainless steel cladding to walls (cooking area), 1 4-burner stainless steel gas cooker with oven, double gas deep fryer, rice cooker, charcoal grill, 7-burner Chinese cooker, stainless steel tables, double sink and drainer, 2 plate warmers, upright deep freeze, additional sink and drainer, walk-in coldroom etc.

Fully tiled disabled/ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin

Adjoining wash-up area with 2 quality wash hand basins
Stockroom etc

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease for a period of 15 years from June, 2010 at a rental of £14,000 p.a. exclusive of rates up to June, 2015, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED RESTAURANT WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

Situted in a parade, excellent High Street trading position, KENT

Business Operation

Expansion potential:

The Restaurant has recently been opened and we are informed the turnover currently averages £4,500 per week in our opinion offering tremendous potential in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £68,000 inclusive of STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Tuesday - Saturday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m.
CLOSED ALL DAY SUNDAY & MONDAY
It will be appreciated upon inspection there is potential for additional opening hours, if desired.

Employees:

The Restaurant is at present operated by the vendor with the assistance of his wife (who is a head chef) plus 1 full time and 2 part time in respect of the kitchen area. Restaurant area 2 part time waitresses employed.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance