Business for sale

Business description

Ref: c492

City: thanet, kent united kingdom

Property: leasehold


Description
well established having been in the present hands for 4 years and now only being marketed as a result of other business interests. The business is unopposed being the only business of this nature in the south east of england. Tremendous potential exists for the introduction of more jetski training programs, corporate events, educational events and development of the restaurant.

Turnover - £75,000 - £80,000 p.a. @ Approx 70% gp.

Premises - imposing premises with extensive frontage and 2 separate entrances. Main entrance to: cafe/restaurant area: 20 covers servery: drinks dispenser, elect. Cash register, twin door chiller - commercial kitchen: well equipped including: 6 burner range, 2 double fryers, griddle, bain marie, 4 microwave ovens, coffee machine, 2 toasters, grill, double st/stl sink, small st/stl sink, st/stl chiller, st/stl freezer. Large store room: gsm alarm system and cctv. Customer w.c. 2 Customer showers:

Outside: patio: 100 covers at pvc seats. 2 Store rooms: 3 seadoo gti jet skis (for hire,) launching tractor, safety boat with outboard. 3 Secure portable buildings: with service equipment, storeage of hire wetsuits and buoyancy aids. Launching slipway. (Enabelling watercraft to be launched at any state of the tide) parking for 80 cars. Adjoining local authority free parking for 300 cars.

Terms of the lease/leasehold
local authority lease for 25 years from 1 april 2000. Rent: £4,001 p.a. (5 Year reviews)

Location and property
prominently situated in a prime seafront location just outside margate town centre drawing trade from over a vast catchment area including london and the home counties.

Trading hours of business
easter to september. 7 Days 9.00am to 5.00pm