Maidstone, Kent, ME14
Situated in a parade, excellent trading position, KENT
Turnover £ 2,600
We understand the premises have full A3/A5 use and a Restaurant Licence for the sale of wines, beers and spirits.
Space for 2 tables and 4 chairs in front of Café (we understand there is a £150 p.a. licence fee payable).
SINGLE FRONTED ATTRACTIVE CAFÉ with wood effect non-slip floor. Tables and chairs providing seating for 18 persons. Cool display serveover counter with Ambiance display section, double door glass fronted drinks display fridge, 2 group coffee machine (on lease to be taken over), coffee grinder.
Level kitchen. The equipment includes 6-burner gas cooker, domestic dishwasher, sink and drainer, wash hand basin, upright fridge/freezer, 1 additional fridge, undercounter fridge, undercounter deep freeze etc.
Cloakroom with w.c. and wash hand basin
Stairs to large basement
WE ARE INFORMED the turnover currently averages £2,600 p.w. in our opinion offering tremendous potential for further increase, especially with evening opening. We understand the licence permits the business to be open until 12 midnight if desired.
The business is at present operated by the vendor with the help of 5 part time staff as required
Rear access to SPACIOUS living accommodation, the first floor having Gas Fired Central Heating and comprising:
Large Kitchen/Breakfast Room
Spacious bathroom with bath, shower over bath, w.c. and wash hand basin
2 Double Bedrooms
In addition there are stairs to a loft area, comprising a further 2 rooms (no windows).
We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2016 at a rental of £17,500 p.a. exclusive of rates. We understand the landlord will consider a surrender of the exisiting lease and subject to satisfactory references, is prepared to grant a new 15 years lease at a rental of £17,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
We are informed the Landlord may be willing to offer the freehold for sale.
Uniform Business Rates: £3,920 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT