Meopham Kent Sandwich Bar & Coffee Shop with Flat, £3k PWK Turnover, Growth Potential
Meopham, Kent
- Status
FOR SALE
- Date Submitted:
31/05/23
- Advert ID
514028
- Reference
C1101 / Rightbiz
- Call Agent:
- Leasehold: £79,500 (Stock at valuation)
- Rent: £22,800
- Turnover: £156,000 (£3,000 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Fully Fitted
- Established Business
- Central Position in Affluent Village
- Accounts Available
- Price Reduced
Business Details
LEASEHOLD SANDWICH BAR COFFEE SHOP
* SUBSTANTIAL PREMISES * BUSY LOCATION * 1 BED S.C. FLAT LET PRODUCING £900 PCM * TURNOVER £3,000 PWK * HUGE SCOPE
Location
Prominently situated forming part of a comprehensive parade, fronting a busy main road in the centre of this charming village located 3 miles from Gravesend and serving a densely populated affluent residential area. The Business is unopposed and draws trade from over a wide catchment area.
Business
This is a well established business which has been in the present hands for 6 years and which is now only being marketed as a result of the vendors family commitments. Tremendous potential now exists for the introduction of longer hours including Sunday trading, more outside catering and functions.
Turnover
£3,000 PWK @ 60% G.P.
Hours
7.00am – 3.00pm Mon to Fri (Sat - 7.30 to 2)
Closed Sun
Premises
Seating to front for 6. Mid parade premises with single frontage and single entrance to: Retail Area: 500 sqft. Seating for 24. Ref. Serve over counter, ambient display cabinet, heated display cabinet, elect till, 2 upright drinks chillers, microwave oven, 2 group espresso coffee machine, toaster, scales. Kitchen: Commercial steam oven, bain marie, 2 ring hob, panini grill, grill, soup kettle, 2 bread slicers. Prep Area: Hot plate, double fryer, griddle, extractor canopy, under counter refrigeration, st/stl sink. Prep Area: st/stl prep surfaces, double st/stl sink. Store Room: shelving. Store Room: 3 chest freezers. 2 Sep W.C’s. Further Store Room: (Could be Sublet) OUTSIDE: Yard: Parking for 2 cars.
Living Accommodation
Self contained 1 Bed flat currently let producing £900 PCM
Tenure
5 years remaining on original 20 year lease. RENT - £22,800 PA. (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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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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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
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