Licensed Coffee Shop in Kent For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, KENT

Turnover £ 2,000
Price £50,000

Features

Well Established Licensed Coffee Shop

REAR COURTYARD WITH SEATING FOR 20

5 DAYS OPENING.

SINGLE FRONTED PREMISES in the region of 250 ft² with Amtico flooring. Spotlights & uplighters. Tables and chairs providing seating for 20 persons. Sales counter, cash register,

OPEN PLAN KITCHEN AREA. 2 induction hobs, panini machine, toaster, smoothies machine, frappe machine, coffee grinder, 2 group coffee machine, 2 under-counter fridges, glass fronted upright drinks display fridge.

Toilet with w.c. and wash hand basin

First floor. Stock room, shelving, fridge freezer, deep freezer, additional bottle fridge

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 65% approx. (£100 in respect of delivery). In our opinion having terrific potential for further increase, especially with additional opening hours.

Staff

The business is at present operated by 2 partners with the assistance of 1 part time staff.

Trading Hours

5 Day week
MONDAY - FRIDAY - 9 a.m - 3 p.m

Outside

Rear courtyard

Tenure

The private landlord owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 10 years full repairing and insuring lease with rent reviews every 5 years at a rent of £10,240 p.a. approx. for the first 5 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote