Leasehold Sea Front Cafe For Sale

Business description

Well established having been in the present hands for 3 years and now only being marketed as a result of the vendors family commitments.

TURNOVER – Averages £100,000 P.A. @ 66% GP (Trading 6 months of the year).

PREMISES – Imposing Detached premises with extensive frontage and 2 separate entrances. Main entrance to: Cafe/Restaurant Area: 50 covers Self service Servery: drinks dispenser, stills boiler, milk machine, 3 elect. cash register, 2 drinks chillers, stills boiler, coffee machine, ref. Display, infra red warmer. Beach Goods Display area: 3 compressors (for inflatable goods) Kitchen: Well equipped including: 3 fryers, double fryer, 3 phase fryer, griddle, full extractor canopy, hob, turbo oven, bain marie food processor, 2 chillers, fridge. Store room: 3 chest freezers, st/stl sink. Wash up area: with decarbonizing machine. Snack Bar: with hatch to seafront, double fryer, griddle, doughnut machine, counter elect cash register. 2 Staff W.C’s. Storeroom: 2 freezers. Ice cream servery: with hatch to seafront. 2 slush machines, 2 Taylor soft ice cream machines, ice cream freezers, counter and elect cash register.

OUTSIDE: Patio area to front with some 24 further covers.

NOTE: The Vendors also have the deck chair, parasol and windbreak concession on the beach. 200 deck chairs and 50 parasols are included.

Property information

Property:

Leasehold

Lease terms:

12 years remaining on original 14 year lease

RENT: £ 6,900 P.A (3 year reviews)

Location:

Prominently situated on the seafront approx 1 mile from Margate overlooking a charming sandy beach and being totally unopposed.

Other information

Trading hours:

9.00am - 6.00pm Mon - Sun (April to October)