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Leasehold restaurant/coffee shop in Tenterden with self-contained flat available for sale

Tenterden, Kent
CHARMING LEASEHOLD LIC. RESTAURANT/COFFEE SHOP Photo 1
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CHARMING LEASEHOLD LIC. RESTAURANT/COFFEE SHOP
  • Leasehold: £39,950
  • Turnover: £471,973 (£9,076 per week)
  • Profit: £47,295 (11% Profit margin)

Business Details

CHARMING LEASEHOLD LIC. RESTAURANT COFFEE SHOP

ADVERT TEXT
CHARMING LEASEHOLD LIC. RESTAURANT/COFFEE SHOP

LOCATION
Prominently situated occupying a prime trading position in the high street of this prosperous Kent Town, drawing trade from over a wide catchment area. The business enjoys excellent all year round trade.

BUSINESS
Established for over 20 years this reputable concern offers great home made British food, breakfasts, morning coffee, lunch and afternoon teas. Currently entirely staff run offering tremendous potential for an owner manager to further develop with longer opening hours, especially evenings to exploit the drinks licence.

TURNOVER
Current accounts for the year ending 31st May 2026 show takings of £459,173 per annum. plus £11,800 per annum. flat rental income with a gross profit of £368,520.
The accounts show a net profit before tax of £47,295pa after a wage bill of £191,932pa.


STAFF
8 full time 6 part time WAGES £192,000 P.A (Approx)

HOURS
9.00am - 5.00pm Mon to Sat
10.00am - 5.00pm Sun

PREMISES
Imposing Grade II listed, corner premises with 2 sep. front entrances to Restaurant Area: Charming décor throughout featuring an abundance of original exposed wall and ceiling timbers and a delightful inglenook fireplace. 90 total Covers (Including first floor seating area.) Hallway: Sep Ladies and Gents W.C's. Baby Change Room: Wash up Area: st/stl sink, dishwasher. Kitchen: 6 burner range and oven, double fryer, griddle, grill, 4 commercial microwave ovens, under counter refrigeration, 3 upright chillers. Prep Area: st/stl sink, dishwasher, 3 upright chillers, chest freezer. Staff Room: Staff W.C. First Floor: Further Restaurant area: Second Floor: Office: Store Room: OUTSIDE: Parking for 1 car at rear. Delivery access.

LIVING ACCOMMODATION
Self Contained 3 bedroom Flat (Sublet producing £1,000 PCM)

TENURE
New 15 year lease from June 2025 with a rent of £68,000 per annum. rising by £1,000 per annum. for the next 4 years. 5 year rent reviews.

EPC RATING
Not required

BUSINESS RATES
£8,000 P.A. (Payable)

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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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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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