ADVERT TEXT
LEASEHOLD
CAFÉ WITH 3 BEDROOM FLAT
BUSINESS
This is a well established and highly-rated, family-run traditional cafe/tea room known for its cozy, quirky atmosphere and quality homemade food. It currently holds the #1 ranking for Cafe in Walmer on Tripadvisor.
It has been in the present hands since 2020 and which is now only being marketed as a result of the vendors ill health. Recently the vendors have trialed opening in the evenings on a Friday & Saturday (with a temporary alcohol lic.) and these have proved very successful, showing the tremendous potential existing for evening trade which would double the current turnover.
TURNOVER
We are advised that the business declares a turnover of £140,000 pa @ 60% GP.
STAFF
Vendors + 2 full time and 1 part time
TENURE
Approx 14 years remaining on an original 20 year lease. Rent £9,000 pa (5 year reviews - next review June 2030)
EPC RATING
TBA
BUSINESS RATES
Nil payable
