Established Cafe Restaurant in Margate

Price:

Freehold - £399,999

Turnover:

Seller Ref:

2067

Location:

Kent , Margate

Business Type:

Commercial Property, Corporate Businesses, Food Service Businesses

See Other:

Cafés for sale in Kent
Fast food restaurants for sale in Kent
Restaurants for sale in Kent
Investment properties for sale in Kent
Self catering/flats for sale in Kent
Food service businesses for sale in Kent
Commercial property for sale in Kent
Corporate businesses for sale in Kent

Description:

THE BUSINESS:

Preferred Commercial is pleased to offer for sale this popular café and restaurant business, which has been in our client's hands since 1974 and which is only now being placed on the market due to our client's wish to retire. The business offers a wide menu of classic hot and cold café and restaurant meals, snacks and beverages, along with a popular take away service and generates a turnover in the region of £180,000 per annum with a gross profit of 75%. A new owner could increase turnover by extending the opening hours into the evening and perhaps offering an outside catering service. The business benefits from an excellent reputation with much repeat custom. The property further benefits from 3 self-contained studio apartments. We feel this represents an ideal opportunity to acquire a well-established multi-faceted business in such an ideal location. Early discussion with Preferred Commercial must come highly recommended.

Location Details:

Kalli's Restaurant is ideally located in the coastal resort of Margate in Kent. The business is situated on Marine Gardens, close to the promenade and is surrounded by complementary shops and businesses. Margate is an affluent coastal town with wide sandy beaches and a strong tourist industry. The town boasts easy access by rail and road with the A28 to Canterbury, which lies approximately 17 miles away.

Trading Hours:

Mon - Sat: 8.00am - 5.00pm Sun: Closed

Accommodation:

Substantial 4-storey semi-detached property, ideally located and offering 3 x self-contained studio apartments above. Briefly comprising: Ground Floor • Main café/restaurant area with customer waiting area, • Extensively equipped kitchen • Washing up area • Staff room with WC facilities Lower Ground Floor • Ladies WCs • Gents WCs • Dry store • Walk in freezer First Floor • Spacious open-plan bed sitting room with kitchen/breakfast room and separate shower room with WC Second Floor • As first floor Third Floor • As first floor External • Pavement trading area to front offering additional covers • Small enclosed service yard to rear