Business for Sale in Kent SUPERB BRASSERIE & TWO 3-BEDROOM FLATS

Key Information

Reference

R34028Z

Tenure

Leasehold

Status

Sold

Region

Kent

Sector

Brasseries

Accommodation

Yes

Business Information

The brasserie is located just off the high street in the centre of the attractive coastal resort of Hythe in Kent. The seafront is also just a short distance away. The town of Hythe has great charm and character with many privately owned businesses and it remains a popular destination for locals and tourists alike.

The fully licensed premises has a warm and intimate atmosphere with seating for 30 inside and a further 12 covers on the terrace to the front. The kitchen is fully equipped and there is also a very useful storage unit to the rear of the property. To the upper floor, there are two spacious 3-bedroom flats which can both be sublet generating a substantial rental income.

Owned and run by a husband and wife team for the last 8 years, the business has gone from strength to strength developing an excellent reputation reflected in some outstanding online reviews. In fact, with more than 350 five-star reviews, the brasserie is currently rated as the top restaurant in Hythe on the Tripadvisor website and one of the top 20 in the whole of Kent.

Trading only 4 days a week, accounts for the year ended 5^th April 2018 show strong annual sales of £192,618 (excluding VAT). Clearly, new owners could further increase the income of the business by extending the opening hours and/or promoting use of the restaurant for more private events and parties.

Leasehold £79,500. Ref: R34028Z