Newly Refurbished 32 Cover Cafe for Sale with 1BR Flat in Gillingham Kent, £4.5K Weekly Turnover
Gillingham, Kent
- Status
FOR SALE
- Date Submitted:
13/03/23
- Advert ID
509770
- Reference
C1082 / Rightbiz
- Call Agent:
- Leasehold: £79,000 (Stock at valuation)
- Rent: £18,000
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: On request
Key Features
- Established Business
- Close to Local Amenities
- Prime Location
- Fully Fitted
- Price Reduced
- Town Centre location
- Retirement Sale
Business Details
LEASEHOLD CAFE (A3 A5) WITH 1 BEDROOM FLAT (REQUIRING REFURBISHMENT)
BUSY LOCATION - CLOSE FOOTBALL STADIUM - TOTALLY REFURBISHED - 32 COVERS - TURNOVER £4,500 PWK INC DELIVERIES
Location
These well appointed premises occupy a coveted trading position fronting Gillingham High Street, being close to Gillingham football stadium and serving a well populated residential area. The business enjoys tremendous footfall.
Business
This is a well established concern which has been in the present hands for some 15 years and which is now only reluctantly being marketed as a result of the Vendors wish to retire. Tremendous potential exists for the introduction of evening trade. The premises are ideal for a wide range of catering uses, especially take away chicken etc.
Turnover
£2,500 PWK (Cafe trade) £4,500 PWK (Total including Just eat delivery trade) @ 65% GP.
Hours
7.30am to 5.30pm - Mon to Sat (9.00am to 4.00pm Sun)
Premises
Double fronted premises with single entrance to: Cafe Area: Totally refurbished with tasteful decor and furnished to accommodate 32 covers. Air con unit. Disabled/Customer W.C. Counter, till. 2 group espresso machine. Kitchen: Griddle, 2 fryers, bain marie, panini grill, full extractor canopy, 2 microwave ovens, st/stl sink, drinks chiller. Store Room: chest freezer. First Floor: Shower Room: With shower, W.C and w/basin. Store Room: Office: (Suitable for conversion to 1 bed flat.) OUTSIDE: Yard: Walk in Freezer: Store Room:
Tenure
7 years remaining on original 20 year lease RENT - £18,000 PA (5 year reviews)
EPC Rating
TBA
Business Rates
£2,000 P.A. Payable 2021/2022
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
Get Solicitor
