Prime Location Leasehold Cafe/Sandwich Bar in Maidstone Kent with Ample Seating
Maidstone, Kent
- Status
FOR SALE
- Advert ID
611668
- Reference
C1171 / Rightbiz
- Call Agent:
- Leasehold: £110,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Attractive Business
- Accounts Available
- Split Level Trading Area
- Close to Local Amenities
Business Details
LEASEHOLD CAFÉ SANDWICH BAR (A3 CLASS E USE)
LOCATIONThese 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 6 years and now only being marketed as a result of the Vendors wishes to pursue other business interests. Tremendous potential exists for longer hours, especially evenings. Potential also exists for functions, pop up events and more outside catering.
TURNOVER
£5,000 PWK @ 68% GP
STAFF
Owner plus 2 Full timers and 2 part timers
HOURS
8.00am - 4.00pm Mon - Sat ( Sun Closed)
PREMISES
Imposing Double fronted premises at entrance to precinct. Single entrance to: Cafe Area: Tastefully decorated and furnished to spaciously accommodate some total 64 covers at quality furniture. Ground Floor: 24 Covers. Servery: EPOS till, Refrigerated display counter, 2 group espresso machine, drinks chiller. Kitchen: with full extractor fan, hob, double fryer, panini grill, 2 microwave ovens. Wash up area: st/stl sink, dishwasher, st/stl prep surfaces. First Floor: 40 covers at quality furniture. Customer W.C. and W/basin. Store Room: 2 freezers. OUTSIDE: Roof top terrace: seating for 40.
TENURE
4 years remaining on original 10 year lease RENT - £25,000 per annum. VAT (5 year reviews - review pending)
EPC RATING
TBA
BUSINESS RATES
£550 P.A. (Payable 24/25)
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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.
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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.
Be safe, use a Rightbiz Solicitor
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