Well Established Café Restaurant in Kent For Sale

Situated in a parade, close to the High Street and The Glades shopping centre, town centre, KENT

Turnover £ 6,000
Price £105,000

Features

Well Established Café

FORECOURT WITH SEATING FOR 12 PEOPLE
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,425 ft² WITH ELECTRIC SHUTTERS AND CANOPY, tiled floor, suspended ceiling with LED lights, cool display counter with refrigerated storage section, EPOS till, Coca-Cola fridge. Tables and chairs providing seating for 28 People (can be expanded, CCTV system (9 cameras, 1 monitor)

Open plan kitchen area, stainless steel extractor unit, Gas 3-burner Cooker, flat grill, deep fryer (2 pan), 4x microwave oven, 4x fridge, 5x freezer, double sink and drainer, dishwasher (commercial)

Frist floor in the region of 670 ft² with Tables and chairs providing seating for an additional 28 People.

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

Office.

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with potential to extend online sales and open for evening business.

Staff

The business is at present operated by the vendor with 3 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 7am - 4:15pm
SUNDAY 9am - 4:15pm

Outside

Parking space for 1 car. Storage area

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £36,000 p.a. + VAT

Business Rates from April 2025 £4,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN VIA NATIONWIDE BUSINESSES TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 52,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote