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Advert Ref: C994

Coffee Shop And Restaurant In Hythe For Sale

  • Hythe, Kent
Asking price:
£45,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

45 COVERS PLUS 28 OUTSIDE
UNOPPOSED LOCATION
IMMACULATE CHARACTER PREMISES
S.C. 2 BEDROOM FLAT OVER
CLOSED 4TH NOV 2018 DUE TO PERSONAL REASONS

LOCATION
These imposing premises occupy a prominent trading location in the centre of this charming, exclusive village on the outskirts of Hythe. The business draws trade from over a wide catchment area.

BUSINESS
The business closed on 4th November 2018 but is well established, has been in the present hands since Feb 2018 and is now only being marketed due to personal reasons. Tremendous potential exists for longer opening hours, (especially Mondays, Tuesdays and evenings), functions and Sunday lunch. Our Clients have opened for the occasional themed evening which has proved most lucrative.

TURNOVER
When trading turnover was £2,300 - 2,500 PWK @ 60% GP. (In addition opening one evening a week has increased turnover by an extra £1,000 PWK)

STAFF
Husband and Wife plus 2 part time staff

HOURS
9.00am - 4.30pm Weds – Sun (Huge potential for Monday and Tuesday trading plus evenings)

PREMISES
Imposing premises with seating for 8 to front. Double frontage and single entrance to: Restaurant Area: Tastefully decorated and furnished, 45 covers at quality chairs and tables. Lobby: Sep Ladies and Gents: W.C's. Servery: with counter, till, 2 group espresso machine, grinder, drinks chiller. Kitchen: 4 ing hob, double fryer, bain marie, pannini grill,grill, griddle, full extractor canopy, under counter refrigeration, st/stl prep surfaces, st/stl sink. Wash up Area: st/stl sink, potwash, dishwasher, ice machine, freezer. Court Yard Garden to rear with seating for 20. Store Shed: Walk in Coldroom:
LIVING ACCOMMODATION
Self Contained Flat. Approached via sep. rear entrance and Comprising: 2 Large Double bedrooms: Lounge: Kitchen: Bathroom and W.C. The Flat has replacement UPVC double glazing and Gas fired central heating.

TENURE
4 years remaining on original 5 year lease. RENT - £16,000 PA (5 year reviews)

EPC RATING
Band D

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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