Well Fitted Cafe in Kent For Sale

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

Turnover £ 3,400
Price £80,000

Features

Well Fitted Cafe

FORECOURT WITH SEATING FOR 4 PERSONS

6 DAYS OPENING

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, Canopy. Industrial non-slip floor. Tables and chairs providing seating for 32 persons. Cool display counter with refrigerated storage section, cash register.

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, electric cooker, 2 microwaves, grill, panini toaster, 2 2-pan deep fryers, 4 fridges, 4 freezers, Coca-Cola fridge. CCTV system (2 cameras).

Toilet with w.c. and wash hand basin

Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,400 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time & 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 7 a.m - 4 p.m

Outside

Service road

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2012 with reviews every 4 years (next review 2024) at a current rent of £12,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote