Leasehold Cafe and Snack Bar (A3 Use) For Sale
Business for sale
Asking Price:
£64,000
Turnover:
£119,600
Annual profit:
£60,637
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c508City: maidstone, kent united kingdom
Price: £ 64,000
Property: leasehold
Description
this is a well established 40 cover concern which has been in the present hands for 2 years and which is now only being marketed as a result of the vendors wish to move abroad. Tremendous potential exists for the introduction of sunday trading.
Turnover - we are informed t/o averages £2,300 pwk @ 65% gp.
Premises - double fronted premises with single entrance to: restaurant area vinyl tiled floor, 40 covers at quality furniture, refrigerated serve over counter, rancilio espresso coffee machine, bean grinder, counter with electric cash register, carbonated drinks dispenser, upright chiller, milk fridge, ice cream freezer display, st/stl sink, dishwasher. Sep. W.c. And w/basin - open plan kitchen: grill, bain marie, griddle, 2 microwave ovens, 2 pannini toasters, extractor canopy, commercial oven, 2 fryers, fridge/freezer. Lower ground floor: storeroom: upright freezer, upright fridge, 3 chest freezers. Office:
Outside - small yard.
Terms of the lease/leasehold
9 years remaining on original 12 year lease. Rent - £12,500 pa (5 year reviews - next review 2008)
Location and property
these immaculately presented premises occupy a prominent trading location fronting a busy street 100 yards from the town centre. Closeby are numerous offices, banks and stores which provide an excellent level of trade.
Trading hours of business
8.00am - 3.00pm mon - sat closed sun
