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Advert Ref: C1029

Leasehold Coffee Shop And Gifts In Maidstone For Sale

  • Maidstone, Kent
Asking price:
£65,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

IMMACULATE 34 COVER PREMISES
GRADE II LISTED
PRIME TOWN CENTRE LOCATION
HUGE SCOPE FOR LONGER HOURS &SUNDAY TRADING
TURNOVER £3,200 PWK

LOCATION
These imposing premises occupy a prominent trading location in the centre of Maidstone close to the main shopping area, Fremlin Walk and the Hazlitt Theatre.

BUSINESS
The business is very well established, has been in the present hands for some 2 years and is now only being marketed due to family commitments. Our Clients have established a high reputation during their tenure and there is still tremendous potential for longer hours, Sunday trading, functions, pop up events, outside catering, children's parties, afternoon teas and licensed trade. Office deliveries and sandwich rounds would also prove a lucrative addition to the business.

TURNOVER
£3,200 PWK @ 65% GP (With potential to significantly improve)

STAFF
Husband and Wife, 1 Full timer, 2 part timers and 3 casual staff WAGES - £700 PWK

HOURS
9.00am - 5.00pm Mon – Sat (Sun Closed)

PREMISES
Imposing Mid parade premises with. Double frontage and single entrance to: Gifts Retail Area: with shelving and display units, . Cafe Area: Tastefully decorated and furnished to accommodate some 34 covers at quality furniture. Servery: Refrigerated display counter, La Marzocco 2 group espresso machine, Merry Chef bake off oven, shake machine, panini grill, jacket potato oven, toaster, upright chiller. Wash up area: st/stl sink, dishwasher, freezer. Customer W.C/Baby change and W/basin. Cellar: Store Room: First Floor: Storeroom/office: Second Floor: Storeroom:
TENURE
Lease term to be agreed RENT - £20,244 PA (3 year reviews)

EPC RATING
Exempt

BUSINESS RATES
£6,137 P.A. Payable 19/20

Property:
Leasehold

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

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