Newly Fitted Kent Coffee Shop Restaurant For Sale

Business description

We understand the premises have A3/A5 use.

Newly fitted at considerable expense, opened approx. 2 months ago and in our opinion offering tremendous potential for further development.

Front area with space for 4 tables and 16 chairs (Licence Fee payable to the local authority).

MODERN DOUBLE FRONTED SHOP to SPACIOUS COFFEE SHOP/RESTAURANT with ceramic tiled floor, suspended ceiling with concealed lighting. Air conditiong. Attractive mirrors to walls. Table and chairs providing seating for 40 persons. Attractive wooden front counter, electronic cash register, 3 milkshake unit, soft drinks dispenser (on loan), Bravilor unit for tea and coffee, illuminated menu board.

Open plan kitchen with chest deep freeze, electric griddle, commercial microwave oven, extractor unit with stainless steel cladding to cooking area, sink and drainer, upright slimline glass fronted display fridge (on loan from Coca Cola) etc.

Fully tiled ladies'/disabled cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease from a private landlord for a period of 20 years at a rental of £15,000 p.a. exclusive of rates for the next 6 years, with rent review at that time and thereafter every 7 years.

Uniform Business Rates: £2,900 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent trading position, KENT

Other information

Expansion potential:

The business has only been open for approx. 2 months, full details of turnover the vendor is happy to discuss upon inspection, and in our opinion the business offers tremendous potential for development in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 8 a.m. - 5 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.