Business for sale

Business description

Excellent trading position, Shopping Mall, Kent

We are informed the turnover averages during the winter months £700 p.w. increasing in the summer months to approx. £1,400 p.w. in our opinion offering tremendous potential for further increase, especially with earlier opening. Gross profit 65% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Canopy with front area having 6 tables plus 18 chairs to -

3 windows to Juice Bar/Café approx. 300 sq. ft. with woodstrip floor. Tables and chairs providing seating for 7 persons plus breakfast bar with 4 stools. Bar, coffee machine (on rental), panini toaster, 1 microwave oven, dishwasher, 2 upright deep freezes, 3 fridges, single sink and drainer, wash hand basin etc.

Staff The business is at present operated by the vendor with the assistance of his partner.

Opening Hours Monday - Saturday inclusive - 10 a.m. - 5 p.m.
NO SUNDAY TRADING
We understand the Shopping Mall is open from 7 a.m. - 6 p.m. Monday - Saturday and in addition open on Sundays providing further potential for additional opening hours, if desired.

Tenure We understand the premises are held on a new 10 years lease at a rental of £16,000 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter. In addition we understand there is a service charge of currently £1,500 p.a.

Uniform Business Rates: £1,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION


Reference : R8613