Coffee Shop in Kent For Sale

Situated in a parade, serving densely populated residential area KENT

Turnover £ 1,700
Price £60,000

Features

Well Established Coffee Shop

5 STAR HYGIENE RATING
5 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 535 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot and hanging lighting, Air conditioning with hot air, sales counter, glass diplay, EPOS till, Coffee Machine (2 Group), coffee grinder, open cool display unit (1.6 metres), sink, under counter fridge, under counter freezer, ice cream freezer. Tables and chairs providing seating for 27 People.

Kitchen, fully fitted, double fridge, under counter fridge, 2 microwave, griddle, toaster, 2 painini machines, Bosch Oven

Polar freezer.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,700 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 7am - 3pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,200 per month. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Court Yard
Large Rear garden with vehicle access

Tenure

The private landlord subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 5 years full repairing and insuring lease at a rent of £21,000 p.a. for the first 5 years.

Business Rates from April 2024 £300 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote