Well Established Cafe in Kent For Sale

Situated in a parade, High Street trading position, KENT

Turnover £ 4,500
Price £110,000

Features

Well Established Café

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 430 ft². Tiled floor, plaster board ceiling with LED spotlights and character pendants. Tables and chairs seating 30 persons. Sales counter, electric cash register, 2 group coffee machine, grinder, knockout drawer, soft drinks fridge.

REAR KITCHEN. Stainless steel extractor, single basket deep fryer, grill, 4-burner gas cooker, 2 commercial microwaves, panini press, toaster, ice cream machine, blender, chest freezer, upright freezer, large upright fridge, fridge, double sink and drainer, stainless steel preparation tables.

Customer cloakroom with toilet and wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £4,500 p.w. including takeaway & delivery, in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a husband & wife team with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 7 a.m - 4 pm

Accommodation

THE ACCOMMODATION entrance via the shop to flat above;

First floor in the region of 250 ft²
Large lounge
Kitchen
Bathroom with bath, wash hand basin and toilet

Second floor in the region of 290 ft²
2 double bedrooms

Outside

Garden.
Shed used for stock

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £16,500 p.a.

Business Rates from April 2023 £500 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote