Cafe Wine Bar in Kent For Sale

Situated in a parade, busy road, edge of main shopping centre, KENT.

Turnover £ 2,750
Price £44,000

Features

Licensed Cafe (full On Licence Until 11pm)

FORECOURT WITH TABLE AND CHAIRS

6 DAYS OPENING

5* HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 670 ft². Woodstrip floor, ceiling with wall lights. Tables and chairs providing seating for 25 persons. Sales counter, EPOS till, 2 group coffee machine, coffee grinder, 1.5m cool display counter with refrigerated storage section, draft beer tap, under-counter fridge, 70m upright open cool display unit, panini grill, sink, hand sink. CCTV system (1 camera).

Stairs to Basement in the region of 130 ft²

PREPARATION KITCHEN. Large stainless steel fridge, 2 deep freezer, fridge/freezer, 2 microwaves, 2 stainless steel preparation tables, electric oven, sink

Toilet with w.c. and wash hand basin

Small Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,750 p.w. with a gross profit of 65% approx. (7% DELIVERIES)

Staff

The business is at present operated by the 1 of the partners with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 8.30 a.m - 4 p.m
SATURDAY 9 a.m - 4 p.m

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 6 years in 2020 with reviews every 3 years (next review 2026) at a current rent of £13,440 p.a. plus VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £44,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote