Business Transfer Agents ~ Energy Assessors ~ Valuers ~ Stocktakers ~ Finance Brokers

Photo of a real estate agency Photo of a conveniance shop Photo of a business strand Photo of a mobile business Photo of a pub Photo of a coffee shop
 
Advert Ref: C1171

Leasehold Cafe/sandwich Bar In Maidstone Kent

  • Maidstone, Kent
Asking price:
£110,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

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. The business enjoys tremendous footfall.

BUSINESS
The business is well established, has been in the present hands for 6 years and now only being marketed as a result of the Vendors wishes to pursue other business interests. Tremendous potential exists for longer hours, especially evenings. Potential also exists for functions, pop up events and more outside catering.

TURNOVER
£5,000 PWK @ 68% GP

STAFF
Owner plus 2 Full timers and 2 part timers

HOURS
8.00am - 4.00pm Mon - Sat ( Sun Closed)

PREMISES
Imposing Double fronted premises at entrance to precinct. Single entrance to: Cafe Area: Tastefully decorated and furnished to spaciously accommodate some total 64 covers at quality furniture. Ground Floor: 24 Covers. Servery: EPOS till, Refrigerated display counter, 2 group espresso machine, drinks chiller. Kitchen: with full extractor fan, hob, double fryer, panini grill, 2 microwave ovens. Wash up area: st/stl sink, dishwasher, st/stl prep surfaces. First Floor: 40 covers at quality furniture. Customer W.C. and W/basin. Store Room: 2 freezers. OUTSIDE: Roof top terrace: seating for 40.

TENURE
4 years remaining on original 10 year lease RENT - £25,000 PA + VAT (5 year reviews - review pending)

EPC RATING
TBA

BUSINESS RATES
£550 P.A. (Payable 24/25)

Property:
Leasehold
Premises details:
Imposing Double fronted premises at entrance to precinct. Single entrance to: Cafe Area: Tastefully decorated and furnished to spaciously accommodate some total 64 covers at quality furniture. Ground Floor: 24 Covers. Servery: EPOS till, Refrigerated display counter, 2 group espresso machine, drinks chiller. Kitchen: with full extractor fan, hob, double fryer, panini grill, 2 microwave ovens. Wash up area: st/stl sink, dishwasher, st/stl prep surfaces. First Floor: 40 covers at quality furniture. Customer W.C. and W/basin. Store Room: 2 freezers. OUTSIDE: Roof top terrace: seating for 40.

Trading hours:
8.00am - 4.00pm Mon - Sat ( Sun Closed)

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

If you are interested in finding out more about this business for sale, click on the button below.