Family Cafe in Kent For Sale

Situated in a parade, service road with parking, excellent main road trading position, KENT

Price £175,000

Features

Old Establised Family Café

4 STAR HYGIENE RATING
MANY POSITIVE ONLINE REVIEWS

DOUBLE FRONTED PREMISES in the region of 1,000 ft² WITH SHUTTERS, vinyl floor, suspended ceiling with spot and fluorescent lighting, sales counter, cash register. Tables and chairs providing seating for 44 People, CCTV system (2 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Gas 3-burner Cooker, griddle, 2 x deep fryer (2 pan), 2 x bain marie, 2 commercial microwave, toaster, stainless steel x fridge, stainless steel freezer, commercialdishwasher, double sink and drainer, sink

Stock room with 2 x deep freeze.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the Husband & Wife team with parents support.

Trading Hours

7 Day week
MONDAY - SATURDAY 7am - 3pm
SUNDAY 8am - 3pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,600 per month . The accommodation comprises:

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

Outside

Small Yard for bins

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2013 with reviews every 4 years (next review 2025) at a current rent of £20,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote