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Reference R7077

Bakery and Coffee Shop in Tenterden For Sale


Register to see map and to make an appointment Situated in a parade, excellent trading position, KENT TENTERDEN

Turnover 3,500
Price 65,000

Features

Bakery / Coffee Shop

ATTACTIVE SINGLE FRONTED PREMISES. Front area with non-slip floor. Rear area quarry tiled floor. 3 display counter, electronic cash register, bread display racking, open cool display unit. Tables & chairs providing seating for 24 persons.

PREPARATION AREA with non-slip floor, upright stainless steel fridge, 2 electric ovens, mixer, 4 stainless steel tables, bain marie, double panini toaster, microwave oven, sink & drainer.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Staff

At present operated by the vendor with the assistance of 4 part time staff plus 1 Saturday girl.

Trading Hours

Monday - Friday inclusive - 7.30 a.m. - 4 p.m.
Saturday opening - 8 a.m. - 3 p.m.
NO SUNDAY TRADING

Outside

Access to small garden at rear (in our opinion having potential to develop into an outside seating area, if desired)

Tenure

We understand the present lease expires in June, 2020 at a current rental of 22,000 p.a. exclusive of rates. We understand the landlord, subject to satisfactory refrences, is prepared to grant a new lease at an initial rental of approximately 22,000 p.a. exclusive of rates with rent revisions.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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