Well Established Café in Kent For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Kent.

Turnover £ 3,250
Price £72,500

Features

Old Established Café

4 STAR HYGIENE RATING
6 DAYS OPENING
FORECOURT WITH SEATING FOR 6 PEOPLE

SINGLE FRONTED PREMISES WITH CANOPY, lino floor, ceiling with spot lights, cool display counter with refrigerated storage section, hot display counter, EPOS till (on loan), .
Tables and chairs providing seating for 24 People, CCTV system (4 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Large oven, bain marie, griddle, microwave, toaster, painini machine, 2 x freezer.

Walkin coldroom.

Stock room

2 additional rooms.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 - £3,500 p.w. with a Gross profit of 60% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor's wife with the assistance of 3 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 7am - 2.30pm
SATURDAY 8am - 2pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £900 per month . The accommodation comprises:

1 Large bedroom.
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard with Parking space for 1 car.

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 2009 with reviews every 5 years (next review 2029) at a current rent of £20,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £72,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 36,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote