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Well Established Licenced Café For Sale

Margate, Kent, UK
Asking Price:
£69,950
Turnover:
£232,700
Net Profit:
Undisclosed

5 DAYS OPENING

5 STAR HYGIENE RATING

OUTSIDE SEATING FOR 40 PEOPLE

SINGLE FRONTED PREMISES in the region of 630 ft² laminated strip floor, ceiling with pendent lights, sales counter, cash register, drinks display fridge (glass fronted upright double-door).

Kitchen with stainless steel extractor unit, Electric Cooker, griddle, microwave, saladbar fridge, 2 under counter fridges, mixer

First Floor in the region of 265 ft²

Tables and chairs providing seating for 31 People.

Toilet with w.c. and wash hand basin.

2nd Floor in the region of 165 ft²

Office plus Storage

Basement not currently utilised

LOCATION: Situated in a Parade, prominent trading position, residential, office and commercial area, Kent.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £4,475 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

STAFFING: The business is at present operated by the owner (part time) with 1 full time & 7 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold