Dessert Cafe Restaurant in Chatham For Sale

Excellent trading position CHATHAM, KENT

Turnover £ 2,500
Price £125,000

Features

Well Fitted Dessert Café / Restaurant

4 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 10 PEOPLE

DOUBLE FRONTED PREMISES with spot lights, 3 x Air conditioning with hot air, tiled floor, cool display counter with refrigerated storage section and 2 freezers, EPOS till, waffle machine, grill, under counter fridge & freezer, drinks display fridge, Tables and chairs providing seating for 80 People.

Kitchen, stainless steel extractor unit, Rational Oven, fridges, freezers.

2 x Toilet with w.c. and wash hand basin.

First Floor Stock room

Second Floor Stock room..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the 2 partners with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 11am - 11pm

Outside

Rear yard plus Parking space for 3 cars, charged at £40 per month.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £35,000 p.a. + VAT

Business Rates from April 2024 £5,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote