Tea Room and Antiques Shop in Kent For Sale

Sought after & wealthy area, KENT

Turnover £ 1,550
Price £55,000

Features

Most Attractive Licenced Tearooms Plus Antique Centre

6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES with laminated strip floor, hanging lights & Spotlights, sales counter, cash register, fridge, Oven, toaster, Coffee Machine (2 Group), cool display counter with refrigerated storage section, cake display stands. Tables and chairs providing seating for 24 People.

Stair Case to Basement, used for sale of Antique's

Tables and chairs providing seating for 24 People.

Additional room with Tables and chairs providing seating for 20 People., .

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,300 - £1,800 p.w. with a Gross profit of 65% approx. (80% Tea Room & 20% Antique's (GP 50%))

Staff

The business is at present operated by the vendor's mum with 2 full time & 2 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 10am - 5pm
SUNDAY10am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2015 with reviews every 5 years (next review 2030) at a current rent of £15,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote