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Freehold Bar & Cafe & Residential Kent Coast For Sale

Ramsgate, Kent
Asking Price:
£499,950 Furniture / Fixtures included
Turnover:
£100,000
Net Profit:
Under £50K

Down town large period property
Established licensed bar and cafe
Great earning potential
Close to the sea front
Four bedroom living area
Detached one bed cottage
Freehold for sale
Low stamp duty
No business rates
Living area on three floors

Property information

Property:

Freehold

Living Accommodation:

Very spacious 4 bed property above and a separate 1 bed cottage at rear

Location:

High street location 50 paces from Royal Harbour of Ramsgate

Premises Details:

Period 5 floor building with separate cottage at rear. Large basement. 340 square metres

Size in square feet:
3,500
Planning Consent:

Planning granted for tables and chairs on pavement

Energy Performance Rating:
D

Business Operation

Expansion Potential:

License states 10am to midnight 7 days a week (half hour earlier on Sundays) so lots of potential to increase both wet and dry offerings

Competition / Market:

Healthy competition in Ramsgate and Margate with lots of people moving into the area

Reasons for selling:

business is non-core

Trading hours:

Weds, Thurs, Friday 4pm-12am, Sat 9.30am-12am, Sun 12-6pm

Employees:
2
Years established:
2

Other Information

Support & training:

Full support and handover period

Furniture / Fixtures value:
£13,500 - included in the asking price

Contact Information

    1. Your Address

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