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Leasehold Gastro Pub And Restaurant In Herne Bay For Sale

Herne Bay, Kent, UK
Asking Price:
£109,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

ADVERT TEXT
LEASEHOLD LIC. GASTROPUB/RESTAURANT

BUSINESS
This well established family run concern enjoys a tremendous reputation for its friendly atmosphere and traditional good food. The menu is mainly good value British Gastro pub fare. The premises are very spacious with some 64 covers in the main bar/restaurant area including a 20 cover area which can be sectioned off for small parties if required. To the rear of the property is a purpose built function room with a central dance floor which can seat 64 -100 and is used for all sorts of functions including weddings and wakes. Both the restaurant and function room are served by a large well equipped professional kitchen and prep/stores areas.
The current vendor has operated the business for the past 5 years and is now wanting to retire back to his country of origin.

TURNOVER
We are informed that the business takes £10,000 pwk @ 65% GP.

STAFF
Vendor & wife plus 2 full time chefs & 1 Part time chef. Front of house they have 1 full time member of staff and 6 part timers.

OBSERVATIONS
The business is free of Brewery ties.

TENURE
15 year lease from Nov 2021. RENT £42,500 PA (3 year reviews)

BUSINESS RATES
£3,444 PA

Property Information

Property:

Leasehold

Living Accommodation:

First Floor Flat with separate entrance from kitchen area and Side door from Car park. Comprising: Lounge/Diner: Recently installed fitted Kitchen: 3 Double Bedrooms: 1 large Single bedroom. Bathroom: full suite. GFCH. Double glazed throughout.

Location:

In a semi rural position being surrounded by picturesque farmland this well established detached concern fronts the main road between Herne Bay and Canterbury drawing trade from a wide catchment area including Whitstable.

Premises Details:

Detached premises. Side entrance to Main Restaurant/Bar: with 64 plus covers, fireplace, fully equipped bar servery. Sep. Ladies and Gents: W.C 's. Hallway and separate entrance to Function Room Spacious room with central dance floor, Seating for 64 - 100, music system, Large projector screen, Bar servery fully fitted with beer pumps, Epos till system, Sep. Ladies and Gents: W.C 's.
Spacious Commercial Kitchen: Fitted to a high standard with quality commercial equipment (full inventory available - all equipment owned with no outstanding leases/loans) large Prep/Wash Room: Cellar: Keg storage and refrigeration.
OUTSIDE: Rear covered yard area with 2 washing machines & Tumble dryer. Fridge and dble door freezer. Drystore, racked and shelved. Wooden store (currently used as a staff room/gym. Enclosed Patio to rear plus Trade Garden to front with 32 covers. Car Park to side with parking for some 20+ cars. Triple Garage with electric and water supply.

Business Operation

Trading hours:

12.00pm - 11.00pm Mon - Sat
12.00pm - 6.00pm Sun

Contact Broker
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.