Leasehold Restaurant/Cafe/Tea Room/Cocktail Bar in Prime Whitstable Kent, 115 Covers
Whitstable, Kent
- Status
FOR SALE
- Date Submitted:
29/07/22
- Advert ID
299789
- Leasehold: £109,995 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Fully Fitted
- Attractive Business
- Established Business
- Adjacent to Multiple Retailers
Business Details
Leasehold Restaurant Café Tea Room Cocktail Bar
The business is located in a busy seaside town in a prime location benefiting from lots of London day-trippers, people on holiday and locals. It has over 82 covers inside and another 33 covers outside. The garden has an electric waterproof canopy which can be adjusted to suit the weather. The restaurant comes fully fitted, including a commercial kitchen and a fitted bar serving a range of beers, wines, spirits and cocktails. It is free of ties so that you can change to whatever popular beers you want. The restaurant is split into different areas with a private function room as well as another room plus the main dining room so you can cater for different groups of people. The restaurant has a good local name and many returning customers. The food served is a mix of traditional British and American cuisine and has a five-star rating with scores on the doors. The lease has about 12 years left on it. The reason for the sale is that the owners would like to relocate and semi-retire. The business currently operates seven days a week and five evenings, The alcohol and entertainment licence allows for seven days opening to 11 pm during the week and midnight on Fridays & Saturdays. If you would like to view please get in touch. The Owners would look at a sensible offer as they have found another business to relocate to which would allow them to semi-retire.
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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.
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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.
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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.
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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.
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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.
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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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