Guide price
£70,000
(£19.24/sq. ft)
Restaurant for saleSittingbourne ME10
3,638 sq. ft
Business
About this property
Lease Assignment & Business for Sale
High Street Location
Great Visibility
Circa 3,638.2 Sq. Ft
100 Cover Restaurant (Ground Floor: 60 | First Floor: 40)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place
Restaurant for Sale in Sittingbourne - High Street Location & 100 Covers
Property id: Rps-21823
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features
High Street Location
Great Visibility
Circa 3,638.2 Sq. Ft
100 Cover Restaurant (Ground Floor: 60 | First Floor: 40)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place
Lease details
Lease Ending 2044
Current Rent: £35,000 pax
Rent Review Term: 5 years
Premium: £70,000 (Quick Sale Price)
landlord’s requirement
6 Month’s Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
Premises
Circa 3,638.2 Sq. Ft
Total covers: Circa 100 (Ground Floor & First Floor)
Benefits from Premises Licence
Permitted Hours: 11:30am till 12am
EPC Rating C
Rateable Value: 17,000
Payable Business Rates: £1,411 per annum (discounted rate this year)
The location
High Street Location
Sittingbourne, Kent, ME10
Immediate units occupied by national and independent retailers
Trading
Gross Sales: Circa £234,000/annum | £4,500/week (as per the seller)
Staff: We have been informed that the restaurant is managed by 2 Owners & 6 Part-time Staff.
Viewings & confidentiality
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer
The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is 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.
Property id: Rps-21823
proof of funds required: All interested buyers must be able to provide proof of funds before requesting viewing.
Main features
High Street Location
Great Visibility
Circa 3,638.2 Sq. Ft
100 Cover Restaurant (Ground Floor: 60 | First Floor: 40)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place
Lease details
Lease Ending 2044
Current Rent: £35,000 pax
Rent Review Term: 5 years
Premium: £70,000 (Quick Sale Price)
landlord’s requirement
6 Month’s Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant’s Reference required
Evidence of financial credibility
Premises
Circa 3,638.2 Sq. Ft
Total covers: Circa 100 (Ground Floor & First Floor)
Benefits from Premises Licence
Permitted Hours: 11:30am till 12am
EPC Rating C
Rateable Value: 17,000
Payable Business Rates: £1,411 per annum (discounted rate this year)
The location
High Street Location
Sittingbourne, Kent, ME10
Immediate units occupied by national and independent retailers
Trading
Gross Sales: Circa £234,000/annum | £4,500/week (as per the seller)
Staff: We have been informed that the restaurant is managed by 2 Owners & 6 Part-time Staff.
Viewings & confidentiality
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
Disclaimer
The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is 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.
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Monthly repayment
£350 per month
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