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Advert Ref: C956

Leasehold Coffee Shop Near Maidstone For Sale

  • Ashford, Kent

Under Offer

Asking price:
£59,950
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

42 COVERS
TOTALLY UNOPPOSED
HUGE POTENTIAL
20 COVERS OUTSIDE
ACCOUNTS SHOW TURNOVER OF £80,000 P.A.

LOCATION
These well appointed premises occupy a coveted trading position being just off the High Street of this charming Kent Village located between Maidstone and Tenterden. The business is unopposed and draws trade from over a wide catchment area. This is a rapidly expanding residential area with between 2000 and 3000 new homes being built in the vicinity in the near future.

BUSINESS
The business was established by our clients in 2011 and is now only reluctantly being marketed as a result of the Vendors other business interests. Tremendous potential exists for the introduction of longer hours, especially evenings and Sunday trade. The premises would also be ideal for a pizzeria or restaurant.

TURNOVER
Accounts show £80,000 P.A. @ 65% GP.

STAFF
Run by Husband and Wife plus 1 Part timer WAGES - £150 PWK

HOURS
9.00am to 4.00pm - Mon to Sat
Closed - Sun

PREMISES
Double fronted semi detached premises with single entrance to: Restaurant Area: Contemporary tasteful decor and furnished to accommodate 42 covers. Refrigerated serve over counter, till, 3 group espresso machine, drinks chiller, 2 fridges, ice machine. Kitchen: Pannini grill, 2 commercial microwave ovens, st/stl prep surfaces, dishwasher, twin door chiller, 3 phase rapid fry, deep fryer, st/stl sink. First Floor: Large Store Area suitable for conversion to Kitchen or prep area. Sep. W.C. and w/basin. Seating Area to front for 20 Covers.

TENURE
New 6 year lease RENT - £20,400 P.A

EPC RATING
Band E

BUSINESS RATES
£6,350 P.A. Payable

Property:
Leasehold

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

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