Leasehold Cafe For Sale
Business for sale
Asking Price:
£35,000
Turnover:
£78,000
Annual profit:
£36,504
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c493Property: Leasehold
Description
This is a well-established concern, which has been in the present hands for 4 years and which is now only being marketed as a result of family commitments. Tremendous potential exists for the introduction of longer opening hours.
TURNOVER – £1,500 PWK @ 60% G.P.
Imposing corner premises with seating to front for 12. Attractive frontage. Single entrance to: Café Area: Tastefully decorated and furnished to accommodate 50 covers at quality furniture.
2 Refrigerated serve over counters, elect cash register, 2 boilers. Kitchen: with worksurfaces, st/stl prep surfaces, double fryer, griddle, single fryer, pannini grill, bain marie, elect hob, extractor canopy, 2 microwave ovens. Prep Area: dishwasher, double st/stl sink. Store Room: 4 fridges, chest freezer. Cellar: Store Area.
Terms of the lease/leasehold
Approx 6 years remaining on a 40 year lease. Rent £9,000 pa. (3 year reviews)
Location and Property
These superbly presented premises occupy a prominent trading position close to the town centre of Broadstairs being 100 yards from the Seafront. The business enjoys a high level of trade all year round augmented by the influx of tourists during summer months.
Accommodation
Approached from restaurant area: Comprising: 1st Floor: Landing: Access to: Roof Garden: Kitchen: Fitted wall and base units, st/stl sink. Large Lounge/Diner: Bedroom 1: Double. Bedroom 2: Double. Bathroom: Full suite. OBSERVATIONS: The premises have been completely refurbished throughout and benefit from gas fired central heating and replacement UPVC double glazing. OUTSIDE - Rear Yard: Sep. W.C and W/basin
Trading Hours of Business
8am - 2pm (7 days pwk)
