Traditional Cafe in Kent For Sale

Located in a prominent courtyard position, office and commercial area, KENT

Turnover £ 4,500
Price £99,995

Features

Traditional Café ~ Retirement Sale

6 DAYS OPENING

Courtyard to front with tables and chairs seating 20 persons

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 600 ft². Tiled floor, spotlights. Tables and chairs seating 40 persons.

OPEN PLAN KITCHEN. Serve over counter, 2 group coffee machine (owned) grinder, knockout drawer, stainless steel extractor. All electric 4 ring hob with oven, double basket fryer, double griddle, six pot bain marie, panini grill, commercial toaster, blender, milkshake maker, display fridge, under-counter fridge, large upright single door fridge, soft drinks display fridge, 2 chest freezers, stainless steel preparation table, double sink and drainer, dishwasher, wash hand basin.

Customer cloakroom with sink and toilet.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000/ £4,500 p.w.

Staff

The business is at present operated by a husband & wife team with 4 full time staff plus the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY - 8 a.m. - 3 p.m.
NO SUNDAYS (owners choice)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £18,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,998 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote