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Advert Ref: C1052

Unique Riverside Tea Gardens In Maidstone For Sale

  • Maidstone, Kent

Under Offer

Asking price:
£35,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

IDYLLIC RIVERSIDE LOCATION
8 MONTHS TRADING
TURNOVER £73,000 P.A.
HUGE POTENTIAL
32 COVERS IN GARDEN

LOCATION
These charming grade II listed premises occupy a unique and unopposed trading location fronting the River Medway 2 miles from Maidstone.

BUSINESS
Well established having been in the present hands for 6 years and now being marketed as a result of the Vendor wanting a change. Tremendous potential exists for longer opening hours.

TURNOVER
£73,000 P.A. @ 70% G.P. (year end 2020)

HOURS
March to November. 10.00am to 4.00pm Mon to Fri and 9.00am to 5.00pm Sat and Sun

PREMISES
Imposing Grade II listed Detached premises of brick and stone construction providing Kitchen: with 2 group espresso machine and bean grinder (leased at £144 PCM), new convection oven, pannini grill, drinks chiller, 2 chest freezers, 2 fridges, water heater. Garden: t side with 32 covers at 8 tables. 2 Parking spaces: storeshed:
TENURE
New 6 year lease (Outside 1954 Act) RENT - £4,000 P.A.

EPC RATING
Not required

Property:
Leasehold

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

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