BUSINESS – The business was established by our Clients some 7 years ago and is now only being marketed as a result of the Vendors other business commitments. Tremendous potential exists for longer opening hours especially early breakfast trade and evening trade.
TURNOVER – Accounts show £226,265 P.A. @ 65% GP.
HOURS – 9.00am – 5.00pm 7 Days STAFF – 3 full time plus 4 part timers
PREMISES – Imposing corner premises with outside seating for 32. Attractive frontage and single entrance to: Cafe Area: with 30 covers, exposed timber floor, Servery/Kitchen: Counter, electronic till, drinks chiller, 2 group espresso machine, toaster, 2 microwave ovens, grill, extractor canopy, 2 fridges, st/st sink Lobby: Lower Ground Floor: Customer Ladies and Gents W.C’s. Prep Kitchen: St/stl sink, upright chiller, freezer.
These charming premises occupy a coveted trading position in the Old Town of Margate, being close to the Turner contemporary art gallery and the seafront. The business enjoys excellent all year round trade.
7 year lease from May 2016 (Outside L/lord and Tenant Act) RENT - £12,000 P.A (Reviewed to £13,000 P.A. in 2019)
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