Prime Leasehold Cafe in Gillingham Kent - High Street Location near Mainline Station
Gillingham, Kent
- Status
UNDER OFFER
- Date Submitted:
25/01/22
- Advert ID
289404
- Reference
C1093 / Rightbiz
- Call Agent:
- Leasehold: £79,950 (Stock at valuation)
- Rent: £8,500
- Turnover: £260,000 (£5,000 Per week)
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Town Centre location
- Established Business
- Close to Local Amenities
- Fully Fitted
- Price Reduced
- Prime Location
Business Details
LEASEHOLD CAFE (A3 USE)
28 COVERS PLUS 28 OUTSIDE - IMMACULATE LOCK UP PREMISES - HIGH TURNOVER - SCOPE FOR DELIVERIES
Location
These well presented premises occupy a coveted trading location being just off the High Street of this prominent Kent town. The business enjoys an excellent level of passing trade augmented by a high percentage of local trade. Gillingham mainline rail station is only 100m away and Greenwich University Medway campus is only 0.5 mile distant.
Business
Well established having been in the present hands for some 5 years and now only being marketed as a result of the vendors wanting to take early retirement and moving home to Ireland. Potential exists for the introduction of longer opening hours, outside catering and deliveries. Ideal family business.
Turnover
The business enjoys takings of up to £5,000 pwk..
Staff
Vendor 4 part timers WAGES - £1,100 PWK
Hours
8.00am - 3.00pm Mon to Sat
Closed Sun
Premises
Gazebo/parasol seating outside to front for 30 . Immaculate corner premises with double frontage and single entrance to: Restaurant Area: Recently refitted to a high standard including major electricity upgrade inc new consumer unit and 3 new electric circuits and new lighting. Inside, 30 covers at quality furniture, with recently fitted quality non slip porcelain floor tiles. Cake display fridge, storage fridge, single door drinks chiller. Two group espresso coffee machine, water boiler, and coffee grinder currently on loan. Kitchen: Merrychef oven, 3 microwave ovens, 1 x single induction hob and 1 double induction hob, Stainless Steel extractor canopy, polished chrome griddle, 2 fryers, bain marie unit, chefs prep fridge, 2 counter fridge, 3 freezers, Wash Up area: St/stl sink, commercial dishwasher. Customer WC. and w/basin. OUTSIDE: Yard: 1 Parking space (electric car charging)
Tenure
5 years remaining on a 10 year lease. RENT - £10,200 P.A. (5 year reviews)
EPC Rating
TBA
Business Rates
Nil currently payable
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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