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Restaurant In Hythe For Sale

Hythe, Kent
Asking Price:
On request
Sales Revenue:
Available on request
Cash Flow:
Available on request

Prime location
44 covers
Huge scope for evening trade
Character grade ii listed premises
T/o £2,500+ pwk @ 60% gp. (was £5,000 pwk when trading evenings)

Location
These superbly presented premises occupy a prominent trading position fronting the high street in the centre of hythe being close to multiple stores, banks and offices. The business serves a well populated affluent residential area which provides regular all year round trade.

Business
This is a well established concern which has been in the present hands for 6 years and which is now only being marketed as a result of the vendors now requiring a change. Tremendous potential exists for the introduction of evening trade which will significantly increase turnover.

Turnover
£2,500+ pwk @ 60% gp. (was £5,000 pwk when trading evenings)

Staff
Run by owner plus 4 part time staff.

Hours
9.00am to 3.30pm - tues to sun closed - mon

Premises
Grade ii listed premises. Attractive frontage with single entrance to: restaurant area: tastefully decorated and furnished to accommodate some 18 covers, bar/servery: fully equipped including coffee machine, wine chiller, till. Kitchen: 6 burner range, grill, oven, extractor canopy, 2 microwave ovens, hot cupboard, upright chiller, under counter refrigeration. Wash up area: deep st/stl sink, dishwasher. First floor: restaurant area: 26 covers at quality furniture. Sep. Ladies and gents: w.c. Facilities. Outside – yard: to rear. Store shed: staff w.c. 1 parking space.

Tenure
Lease option details: 17 years remaining on 21 year lease. Rent: £15,600 p.a. (5 year reviews)

Freehold available

Epc rating
Not required

Business rates
£1,100 p.a. Payable 18/19

Property information

Property:

Freehold

Contact Information

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