Prime Location Leasehold Café/Coffee Shop in Maidstone Kent on Sale, £2600 Weekly Turnover
Maidstone, Kent
- Status
UNDER OFFER
- Date Submitted:
17/10/23
- Advert ID
601240
- Reference
C1160 / Rightbiz
- Call Agent:
- Leasehold: £64,950
- Rent: £21,000
- Turnover: £140,000 (£2,692 Per week)
- Net Profit: Not Applicable
Key Features
- Attractive Business
- Adjacent to Multiple Retailers
- Close to Local Amenities
- Town Centre location
- Prime Location
- Established Business
- Fully Fitted
- Offers Invited
Business Details
LEASEHOLD CAFÉ COFFEE SHOP (A3 CLASS E USE)
CHARMING 28 COVER PREMISES - PRIME TOWN CENTRE LOCATION - HUGE SCOPE FOR LONGER HOURS - TURNOVER £2,700 PWK - WAS £3,000 PWK WHEN TRADING 7 DAYS
Location
These imposing premises occupy a prominent trading location in the centre of Maidstone close to the main shopping area, Fremlin Walk and the Hazlitt Theatre. The business enjoys tremendous footfall.
Business
The business is well established, has been in the present hands for 2 years and now only being marketed as a result of the Vendors other business interests. Tremendous potential exists for longer hours, especially Mondays and evenings. Potential also exists for functions, pop up events and outside catering.
Turnover
£2,700 PWK @ 65% GP (Was £3,000 PWK when opening Mondays)
Staff
3 Full timers and casual staff (Mainly staff run)
Hours
8.30am - 3.30pm Tues – Sun (Mon Closed)
Premises
Imposing Corner premises with single frontage and single entrance to: Cafe Area: Tastefully decorated and furnished to spaciously accommodate some total 28 covers at quality furniture. Ground Floor: 8 Covers. Servery: EPOS till, Refrigerated display counter, 2 group espresso machine, ice machine, drinks chiller, 3 fridges. Lower Ground Floor: 20 covers max. First Floor: Kitchen: with full extractor canopy, griddle, 4 burner range, double fryer, toaster, bain marie, panini machine, 2 microwave ovens, 3 fridges, 3 freezers. Wash up area: st/stl sink, dishwasher, st/stl prep surfaces, 2 smoothie machines. Second Floor: Store Room: Staff W.C. and W/basin. OUTSIDE: Courtyard: seating for 6. Customer W.C and W/basin.
Tenure
10 years remaining on original 15 year lease RENT - £21,000 PA (5 year reviews - next review 2028)
EPC Rating
BAND C
Business Rates
£1,730 P.A. (Payable 23/24)
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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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