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Advert Ref: C875

Leasehold Cafe In Gillingham For Sale

  • Gillingham, Kent
Asking price:
£53,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

A3 And A5 Use
40 Covers
Well equipped
Busy location
Turnover £1500 pwk
2 Bed flat

Location
These well presented premises occupy a coveted trading location fronting a busy main road close to the centre of Gillingham, the Station and Football ground. The business enjoys an excellent level of passing trade.

Business
Well established having been in the present hands for some 5 years and now only being marketed as a result of the vendors wish to semi retire. Tremendous potential exists for the introduction of longer hours and Sunday trading.

Turnover
£1,500 PWK @ 65% GP

Hours
Mon to Sat - 8.00am to 3.00pm (Closed Sun)

Premises
Immaculate mid parade premises with single frontage and single entrance to: Restaurant Area: Tastefully decorated, 40 covers at quality furniture, counter, elect cash register. Kitchen: Griddle, double fryer, 4 hob cooker, boiler, full extractor canopy, double st/stl sink, upright chiller, 4 microwave ovens, freezer. Staff W.C. Customer W.C.
Outside – Courtyard: to rear with a further 10 - 12 covers.

Living accommodation
Self Contained Flat approached via sep. front entrance. Comprising: First Floor: Lounge/Diner: Kitchen: Fitted wall and base units, st/stl sink. Bathroom: full suite. 2 Double Bedrooms: Note: Replacement UPVC double glazing throughout.

Tenure
New 20 year lease. Rent - £18,200 P.A. (4 year reviews)

EPC Rating
TBA

Business rates
Nil currently payable

Property:
Leasehold

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

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