Established Chinese Restaurant for Sale in Kent. Circa 5,226 Sq.ft

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MAIN FEATURES

• Well Established Chinese Restaurant
• Large Restaurant Circa 5,226 Sq. Ft
• Ground Floor Circa:Circa 2,791 Sq. Ft & Basement: 2,435 Sq. ft
• Retirement Sale

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LANDLORD’S REQUIREMENTS

• 3-6 Months Rent Deposit Subject to References
• Accountant’s references
• Trade references
• Personal Guarantor Required

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LEASE DETAILS

• Lease: Ending November 2029 (Inside the Act of 1954)
• Rent: £35,000 PAX
• Rent Review: Every 4 years
• Next Review: November 2025
• Premium: £320,000 (Lease, Business & FF&E)

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THE PREMISES

• Large Restaurant Circa 5,226 Sq. Ft
• Ground Floor Circa:Circa 2,791 Sq. Ft & Basement: 2,435 Sq. ft
• Rateable Value: 39,750 (Payable Business Rates: £19,825/annum)
• Circa 100 Covers Restaurant
• Premises License in Place
• Large Frontage with High Visibility

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THE BUSINESS

• The business is currently operated by 8 Full Time and 3 Part Time with Owners
• Gross Turnover: TBC
• UberEATS and Just EAT in place
• Trading Lunch & Dinner and Monday Closed

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THE LOCATION

• Kent
• Local Parade of Shops

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VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.