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Reference R2862
Situated in a Parade, excellent trading position, residential, office and commercial area, Kent.
Turnover £ 3,500
Price
£120,000
Features
Café / Restaurant
6 DAYS OPENING
4 STAR HYGIENE RATING
SINGLE FRONTED PREMISES, in the region of 1,600 ft², Tiled flooring, suspended ceiling with pendant and spot lights.
Customer waiting area.
Tables and chairs seating 90 customers.
BAR - Electric cash register, under counter fridges, freezer, coffee machine (2 group), grinder, glass washer, ice maker, wash hand basin.
Disabled access clookroom with toiled and wash hand basin.
SPERATE KITCHEN - Stainless extractor, Oven, flat grill, salamander, microwaves, pizza oven (gas), double basket deep fat fryer, diswasher, 2 large upright freezers, 5 fridges, double sink and drainer, stainless steel preparation table, oil filter, dough mixer, pizza preparation station, etc.
Walkin cold room
Stairs to the BASMENT, in the region of 420 ft²
Gentlemen's cloakroom with 2 cubicles and a wash hand basin.
Ladies cloakroom with 2 cubicles and a wash hand basin.
Store room,. Freezer.
Office.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx.
Staff
The business is at present operated by the vendor with 3 full time and 2 part time staff.
Trading Hours
7 Day week
MONDAY - FRIDAY 8 am - 5pm
SATURDAY & SUNDAY 9am - 5pm
Outside
Bin store.
Parking space.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2013 with reviews every 4 years (presently under review, the next rent review will be in 2029) at a current rent of £25,000 p.a.
Business Rates from April 2025 £6,673 approx. after small business relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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