Leasehold Cafe For Sale - Gillingham, Kent, United Kingdom Advert Ref: C554
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Business description
25 COVERS - WELL APPOINTED LOCK UP PREMISES
Well established having been in the present hands for some 6 years and now only being marketed as a result of the vendors wish to semi retire. Tremendous potential exists for the introduction of longer opening hours and outside catering.
TURNOVER – We are advised T/O averages £1,300 – 1,500 PWK @ 65% GP.
PREMISES – Immaculate mid parade premises with double frontage and single entrance to: Restaurant Area: Tastefully decorated, 25 covers at quality furniture, serve over refrigerated counter, elect cash register, cappuccino coffee machine, twin door drinks chiller. Open Plan Kitchen: Heated display cabinet, grill, toaster, extractor canopy, griddle, double fryer, 3 fridges, freezer. Wash Up area: St/stl sink, hob, oven, microwave oven, freezer. Customer WC. and w/basin.
OUTSIDE: Yard: 1 Parking space:
Trading hours: 8.30am - 4.30pm Mon – Sat Closed Sun
Property
Leasehold Lease terms
TENURE – 6 years remaining on original lease. RENT - £7,500 P.A. (fixed for the duration of the lease) RATES - £2,400 P.A. (Payable 08/09) Location
These well presented premises occupy a coveted trading location being just off the High Street of this prominent Kent town. The business enjoys an excellent level of passing trade augmented by a high percentage of local trade. Gillingham mainline rail station is only 100m away and Greenwich University Medway campus is only 0.5 mile distant.
Well established having been in the present hands for some 6 years and now only being marketed as a result of the vendors wish to semi retire. Tremendous potential exists for the introduction of longer opening hours and outside catering.
TURNOVER – We are advised T/O averages £1,300 – 1,500 PWK @ 65% GP.
PREMISES – Immaculate mid parade premises with double frontage and single entrance to: Restaurant Area: Tastefully decorated, 25 covers at quality furniture, serve over refrigerated counter, elect cash register, cappuccino coffee machine, twin door drinks chiller. Open Plan Kitchen: Heated display cabinet, grill, toaster, extractor canopy, griddle, double fryer, 3 fridges, freezer. Wash Up area: St/stl sink, hob, oven, microwave oven, freezer. Customer WC. and w/basin.
OUTSIDE: Yard: 1 Parking space:
Leasehold
TENURE – 6 years remaining on original lease. RENT - £7,500 P.A. (fixed for the duration of the lease) RATES - £2,400 P.A. (Payable 08/09)
These well presented premises occupy a coveted trading location being just off the High Street of this prominent Kent town. The business enjoys an excellent level of passing trade augmented by a high percentage of local trade. Gillingham mainline rail station is only 100m away and Greenwich University Medway campus is only 0.5 mile distant.
Financial Details
Asking price:
£45,000
£45,000