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Leasehold Italian Restaurant Sittingbourne Kent For Sale

Sittingbourne, Kent, UK
Asking Price:
£169,950
Turnover:
Available on request
Net Profit:
Available on request

IMMACULATE CHARACTER PREMISES
PRIME TOWN CENTRE POSITION
134 COVERS
SCOPE FOR SUNDAY TRADE
PRE Covid TURNOVER £12,000 PWK

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 other business interests. Tremendous potential exists for the introduction of Sunday trade. Pre Covid the business was taking in excess of £12,000 PWK.

TURNOVER
Pre Covid T/O £12,000 PWK. @ 60% GP.

HOURS
12.00noon to 10.00pm - Mon to Sat
Closed - Sun

PREMISES
Imposing substantial character premises originally an old bank building, the premises still retain some charming original features. Main entrance via porch to: Restaurant Area: tasteful decor and furnished to accommodate 70 covers, Bar: Fully equipped. Private Dining Room: With 14 covers. Kitchen: fully equipped with a comprehensive inventory of commercial equipment (Inventory available on request). Walk in Coldroom: Walk in Freezer. Staff W.C. Office: First Floor: Restaurant Area: With a further 50 covers. Bar: Fully equipped. Well appointed Customer Toilets: Cellar/Store Area: Outside: Yard: pedestrian access. Car Park for 6 cars.

LIVING ACCOMMODATION
1 Bedroom owners/managers flat plus 6 Bedroom staff flat with Bathroom and kitchen.

TENURE
New 20 year lease RENT - £55,000 PA (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
£9,500 P.A. Payable (21/22)

Property Information

Property:

Leasehold

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