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#Business ID: 17601

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Licensed Restaurant In Rainham

Business Location: Rainham, Kent, England

Asking Price: £ 65,000 Revenue: £ 130,000 Cash Flow: not disclosed

Business Summary

Summary

Asking price: £65,000

Sales revenue: £130,000

Net profit: Undisclosed

Business Description

PRIME MAIN ROAD LOCATION – 60 COVERS - TREMENDOUS POTENTIAL.

BUSINESS - This is a well established concern which has been in the present hands since September 2012 and which is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for longer hours to include, lunch trade and Sunday/ Monday trade.

TURNOVER – £2,500 P WK @ 60% G.P.

Property Information

Property: Leasehold

Lease terms: 9 years remaining on original 10 year lease. Rent - £17,000 PA (5 year reviews – next review 2017).

Location: These well presented premises occupy a prominent trading location fronting a busy main road close to the center of Rainham, with its shops, banks and offices. The business enjoys excellent passing trade and draws custom from over a wide catchment area.

Energy Performance Rating: C

Other Information

Trading hours: 6.30pm – 9.30pm Tues – Sat (Closed Sun and Mon)

Fixtures value: Undisclosed

Stock value: Undisclosed.

Property Details

Property Type:

Lease

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