Spacious Cafe Restaurant In Kent For Sale

Business description

We understand the Café/Restaurant has a Premises Licence for the sale of wines, beers and spirits, however, this is not utilized at present and obviously if to be introduced a prospective purchaser would need to obtain the necessary Personal Licence.

Front area with space for 2 tables and 4 chairs to -

SPACIOUS GROUND FLOOR RESTAURANT in the region of 750 sq. ft. (including kitchen area) with ceramic tiled floor, half wood panelled walls, air conditioning. New counter, 2 group coffee machine, coffee grinder. Marble topped tables and chairs providing seating for 40 persons.

STAIRCASE TO FIRST FLOOR providing an additional area approximately 500 sq. ft. also with air conditioning. Laminated strip floor. Marble topped tables and chairs providing seating for 30 persons.

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

Storeroom
Office

GROUND FLOOR LEVEL KITCHEN with tiled walls, non-slip floor, extractor unit, gas grill, 4-burner gas cooker, stainless steel tables, double sink and drainer, 3 fridges, 2 deep freezes etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2017 at a current rental of £35,000 p.a. exclusive of rates. We are further advised that there are rent reviews every 4 years.

Uniform Business Rates: £12,000 p.a. approx.

EPC C (61)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

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

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £129,999 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Employees:

The business is at present operated by 2 partners plus 1 relative on a part time basis. In addition 3 part time staff employed plus additional casual staff when required.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance