Exclusive Charming Leasehold Licensed Restaurant/Coffee Shop In Kent
- Tenterden, Kent
Summary
- Asking price:
- £39,950
- Sales revenue:
- Undisclosed
- Net profit:
- Undisclosed
Business Description
CHARMING LEASEHOLD LICENSED RESTAURANT/COFFEE SHOP
LOCATION
Prominently situated occupying a prime trading position in the high street of this prosperous Kent Town, drawing trade from over a wide catchment area. The business enjoys excellent all year round trade.
BUSINESS
Established for over 20 years this reputable concern offers great homemade British food, breakfasts, morning coffee, lunch and afternoon teas. Currently entirely staff run offering tremendous potential for an owner manager to further develop with longer opening hours, especially evenings to exploit the drinks licence.
TURNOVER
Current accounts for the year ending 31st May 2026 show takings of £459,173 p.a. plus £11,800 p.a. flat rental income with a gross profit of £368,520.
The accounts show a net profit before tax of £47,295 p.a. after a wage bill of £191,932 p.a.
STAFF
8 full-time 6 part-time WAGES £192,000 p.a. (Approx)
HOURS
9.00am - 5.00pm Mon to Sat
10.00am - 5.00pm Sun
PREMISES
Imposing Grade II listed, corner premises with 2 separate front entrances to Restaurant Area: Charming décor throughout featuring an abundance of original exposed wall and ceiling timbers and a delightful inglenook fireplace. 90 total Covers (Including first floor seating area.) Hallway: Separate Ladies and Gents W.C.s. Baby Change Room: Wash up Area: stainless steel sink, dishwasher. Kitchen: 6 burner range and oven, double fryer, griddle, grill, 4 commercial microwave ovens, under counter refrigeration, 3 upright chillers. Prep Area: stainless steel sink, dishwasher, 3 upright chillers, chest freezer. Staff Room: Staff W.C. First Floor: Further Restaurant area: Second Floor: Office: Store Room: OUTSIDE: Parking for 1 car at rear. Delivery access.
LIVING ACCOMMODATION
Self-contained 3 bedroom Flat (Sublet producing £1,000 PCM)
TENURE
New 15 year lease from June 2025 with a rent of £68,000 p.a. rising by £1,000 p.a. for the next 4 years. 5 year rent reviews.
EPC RATING
Not required
BUSINESS RATES
£8,000 p.a. (Payable)
Property Information
- Property:
- Leasehold
- Location:
- Prominently situated occupying a prime trading position in the high street of this prosperous Kent Town, drawing trade from over a wide catchment area. The business enjoys excellent all year round trade.
- Premises details:
- Imposing Grade II listed, corner premises with 2 separate front entrances to Restaurant Area: Charming décor throughout featuring an abundance of original exposed wall and ceiling timbers and a delightful inglenook fireplace. 90 total Covers (Including first floor seating area.) Hallway: Separate Ladies and Gents WCs. Baby Change Room: Wash up Area: stainless steel sink, dishwasher. Kitchen: 6 burner range and oven, double fryer, griddle, grill, 4 commercial microwave ovens, under counter refrigeration, 3 upright chillers. Prep Area: stainless steel sink, dishwasher, 3 upright chillers, chest freezer. Staff Room: Staff WC. First Floor: Further Restaurant area: Second Floor: Office: Store Room: OUTSIDE: Parking for 1 car at rear. Delivery access.
Business Operation
- Trading hours:
- 9.00am - 5.00pm Mon to Sat 10.00am - 5.00pm Sun
Other Information
- Furniture / Fixtures value:
- Undisclosed
- Inventory / Stock value:
- Undisclosed
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