Leasehold café with 3-bedroom flat for sale in Deal Kent
Deal, Kent
- Status
UNDER OFFER
- Advert ID
646858
- Reference
C1239 / Rightbiz
- Call Agent:
- Leasehold: £97,500
- Rent: £9,000 (£750 per month)
- Turnover: £140,000 (£2,692 per week)
- Profit: Not Applicable
Business Details
LEASEHOLD CAFÉ WITH 3 BEDROOM FLAT
Location
Prominently situated fronting a busy main approach road of this charming Kent seaside town being surrounded by a large wealthy residential area. The business enjoys excellent all year round trade.
Business
This is a well established and highly-rated, family-run traditional cafe/tea room known for its cozy, quirky atmosphere and quality homemade food. On Tripadvisor it currently holds both the #1 ranking for a Cafe locally and also as the best Cafe in Kent! It has been in the present hands since 2020 and which is now only being marketed as a result of the vendors ill health. Recently the vendors have trialled opening Bistro evenings on a Friday & Saturday (with a temporary alcohol lic.) and these have proved very successful, showing the tremendous potential existing for evening trade which would double the current turnover.
Turnover
We are advised that the business declares a turnover of £140,000 pa @ 60% GP.
Staff
Vendors 2 full time and 1 part time
Hours
8.00am - 4.00pm Tues - Sun Closed Mon
Premises
Attractive Victorian corner premises with main entrance to Cafe Area: Featuring large double aspect windows, tables and chairs to seat 24 covers, ceiling fan, counter to rear with coffee machine, coffee grinder, fridge, ice cream freezer (on loan), Kitchen: chilled d/ble door drinks display cabinet, st/stl worktops, 2 microwave ovens, electric hob, electric oven, potato oven, 3 toasters, bain marie, domestic extractor, double door st/stl fridge, airfryer, Door to outside. Prep/Rear Kitchen: Dble st/stl sink & work tops, commercial dishwasher (Rented), electric fryer, st/stl freezer, fridge. Sep WC with Hand wash basin. Accessed from rear yard/garden.
Outside: Seating area to front and hedged patio garden to side with tables & chairs to seat 24. Lawned garden area. Shed. Brick Store: shelved, chest freezer, fridge, freezer.
Living Accommodation
Private Kitchen to rear on ground floor fitted with wall and base cupboards, gas hob, st/stl sink. Door to rear garden. Internal stairs to first floor landing. Large Lounge with fireplace, 2 double bedrooms, 1 single bedroom, Bathroom/WC. Please note that the gas central heating boiler was renewed 3 years ago.
Tenure
Approx 14 years remaining on an original 20 year lease. Rent - £9,000 pa
(5 year reviews - next review June 2030)
EPC Rating
TBA
Business Rates
Nil payable
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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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