Bar and Coffee Shop for Sale in Tunbridge Wells Kent - The Pantiles
Tunbridge Wells, Kent
- Status
WITHDRAWN
- Advert ID
650093
- Leasehold: £60,000
- Rent: £16,800 (£1,400 per month)
- Turnover: £97,000 (£1,865 per week)
- Profit: Not Applicable
Key Features
- Fully furnished and equipped
- Fully licensed premises
- Fully staffed operations
- Garden or outdoor space
Business Details
Bar and Coffee Shop the Pantiles, Tunbridge Wells
48 The Pantiles offers a unique opportunity to acquire a bar and coffee shop in the Pantiles, the historic heart of Tunbridge Wells.
This fully licensed establishment is not just another venue; it is a popular, well regarded site that benefits from large frontage and outdoor seating in a historic setting.
The premises is available either fully furnished and equipped, or vacant ensuring a smooth transition for the new owner.
The interior is carefully presented, having been refurbished two years ago to include stripped wood floors, fixed oak counters and a kitchen.
One of the standout features of this business is its outdoor space, providing ever popular seating on the Pantiles - a Georgian colonnade which is fully pedestrianised and hosts a busy community events calendar including markets, food festivals and a weekly music season in the Summer.
Combined with a ground-floor retail unit and a decent kitchen area this space presents ample opportunities for growth, especially during peak seasons.
The current owners run two local pubs and a microbrewery who took the space on to increase seating and diversify the trade from their pub next door. Having recently sold the pub we are selling the cafe to focus on our other sites. In other words we do not have the time or expertise to run a coffee shop far more suited to an owner operator with time and passion to grow the business.
New ownership could explore options for diversification.
-Our current food offering is only pastries - we do no food prep or cooking ourselves.
-We trade from 9am to 1 / 3pm - their is potential to grow the alcohol sales with late afternoon and evening opening.
-Alternatively, the space could return to its former retail use.
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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.
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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.
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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.'.
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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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