FOR SALE
23/11/23
603037
C1126 / Rightbiz
PRIME LOCATION - 3 BED FLAT - IMMACULATE 30 COVER PREMISES - COURTYARD WITH 16 COVERS - TURNOVER £342,000 P.A.
Location
Prominently situated occupying a prime trading position close to the seafront of this charming Kent Town, enjoying panoramic sea views. The business enjoys excellent all year round trade.
Business
This is a well established concern which has been in the present hands since December 2017 and which is now only being marketed as a result of the Vendors require a change. Tremendous potential exists for longer opening hours, evening trade and functions. Our Clients enjoy a tremendous reputation and have a number one rating on Trip Advisor.
Turnover
Accounts show £342,000 P.A. @ 66% GP.
Hours
8.00am – 2.00pm - 7 Days
Premises
Parade premises with seating for 6 to front. Attractive single frontage single entrance to: Cafe Area: with 30 covers, counter, elect cash register, drinks chiller, 2 group espresso machine. Kitchen: 2 double fryers, 2 griddles, extractor canopy, 2 microwave ovens, 2 toasters, hot cupboard, st/stl sink, fridge, freezer, dishwasher. Cellar: Store Area: OUTSIDE – Courtyard: to rear with seating for 16 covers. Customer Toilet: Double Garage: with first floor store area.
Living Accommodation
Approached from cafe. Decorated to a high standard. Comprising: First Floor: Large Lounge: with panoramic sea view. Utility Room: Kitchen: Fitted units, st/stl sink. Bathroom: Full suite. Second Floor: Bedroom 1: Double. Bedroom 2: Single. Third Floor: Double Bedroom: Note: The premises benefit from UPVC replacement double glazing and gas fired central heating.
Tenure
4 years remaining on original 10 year lease (New lease available)
RENT - £14,520 P.A. (5 Year reviews - next review Dec 2027)
EPC Rating
Band D
Business Rates
Nil currently payable
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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