Leasehold Lic. Coffee/Wine Bar - Medway Town

Business Description

LOCATION
Situated in a busy town centre location fronting a main car park and being close to a couple of large supermarkets and several outlets of national shopping chains such as Marks & Spencer, B&M, Next and Matalan.

BUSINESS
This well presented concern has been in the current vendors hands for some 11 years and currently operates as a daytime coffee bar serving freshly made options including delicious bacon rolls, baked potatoes, and a variety of sandwiches and cakes. With its comfortable seating and inviting atmosphere the café is known as a great alternative to the big coffee chains. Currently opening 5 days pwk on easy opening hours we feel that it offers obvious potential to open earlier to catch the breakfast trade and on Sunday or Monday as well if desired. The business also has potential open in the evenings and operate as a wine bar to take advantage of its drinks license.

TURNOVER
We are informed that the business currently takes around £2,250 PWK @ 70% GP. (On easy hours 5 days pwk)

STAFF
Husband & Wife

HOURS
9.30am - 3.30pm Tues to Sat
Closed Sun & Mon

PREMISES
Modern premises (Built 2012) with single entrance to Café Area: decorated and furnished to a high standard with comfortable seating for 20 covers, including 4 bar stools. Serve over counter with electric till, glass fronted display unit, glass fronted cake display, 2 group espresso machine, coffee grinder and blender, toaster, microwave oven, freezer, under counter refrigeration, upright drinks display fridge, double pizza oven, 2 panini grills, st/stl hand wash basin, fridge, freezer, wine fridge, 2 cup warmers. Customer disabled W.C and W/basin. Store/Wash Room with st/stl sink and drainer, hot water boiler, chest freezer. Door to rear.
Outside: covered Seating to front for 20. 1 parking space to rear + Bin Store area.

TENURE
New 10 year lease from September 2022. Rent £14,000 pa. (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
None payable.

Property Information

Property:

Leasehold

Premises details:

Modern premises (Built 2012) with single entrance to Café Area: decorated and furnished to a high standard with comfortable seating for 20 covers, including 4 bar stools. Serve over counter with electric till, glass fronted display unit, glass fronted cake display, 2 group espresso machine, coffee grinder and blender, toaster, microwave oven, freezer, under counter refrigeration, upright drinks display fridge, double pizza oven, 2 panini grills, st/stl hand wash basin, fridge, freezer, wine fridge, 2 cup warmers. Customer disabled W.C and W/basin. Store/Wash Room with st/stl sink and drainer, hot water boiler, chest freezer. Door to rear.<br>Outside: covered Seating to front for 20. 1 parking space to rear + Bin Store area.

Business Operation

Trading hours:

9.30am - 3.30pm Tues to Sat Closed Sun & Mon

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed