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Leasehold Cafe/Coffee Shop for Sale in Prime Maidstone Kent Location, £5700 Weekly Turnover

Maidstone, Kent
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LEASEHOLD  CAFE/COFFEE SHOP Photo 1
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LEASEHOLD  CAFE/COFFEE SHOPLEASEHOLD  CAFE/COFFEE SHOP
  • Leasehold: £145,000 (Stock at valuation)
  • Rent: £19,200
  • Turnover: £296,400 (£5,700 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Accounts Available
  • Attractive Business
  • Town Centre location
  • Close to Local Amenities
  • Prime Location
  • Fully Fitted
  • Adjacent to Multiple Retailers
  • Offers Invited

Business Details

LEASEHOLD CAFE COFFEE SHOP

PRIME TOWN CENTRE LOCATION - 32 COVERS PLUS 16 OUTSIDE - IMMACULATE PREMISES - GREAT POTENTIAL - TURNOVER £5,700 PWK

Location

These immaculately presented premises occupy a prominent trading location fronting a busy street in the centre of Maidstone. Close by are numerous offices, banks and stores which provide an excellent level of trade. A main bus stop is directly outside the premises. A large residential building project is underway closeby which will create 160 new homes.

Business

This is a well established concern which has been in the present hands for 16 years and which is now only being marketed as a result of the vendors other business commitments. Tremendous potential exists for the introduction of longer hours, especially evenings and deliveries.

Turnover

£5,700 PWK @ 60% G.P.

Staff

Run by Husband and Wife 1 full timer and 2 part timers

Hours

8.00am to 5.00pm   (7 Days)

Premises

Seating to front for 16 Covers. Double fronted premises with single entrance to: Cafe Area: 32 covers at quality furniture, counter with epos till, 2 group espresso coffee machine, bean grinder,  upright chiller, st/stl sink, dishwasher.  Open plan Kitchen: Grill, 2 griddles, 2 microwave ovens, bain marie,  full extractor canopy, double fryer, fridge/freezer, 2 fridges, toaster, double deep st/stl sink, dishwasher. Lower ground floor: Sep. W.C. and W/basin 2 Storerooms: upright freezer, 2 chest freezers.

Tenure

17 years remaining on original 20 year lease                  RENT - £19,200 PA (5 year reviews)

EPC Rating

TBA

Business Rates

£1,540 P.A (Payable 23/24)

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Listing Statistics

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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.

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