Cafes for sale in Margate

View the "LIC. COFFEE SHOP/CAFE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £100,000 Under Offer Annual Turnover: £226,265
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Business Description

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.
Tenure: Leasehold

Location Details:

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.

Leasehold Term:

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)

Listed by: Apex Business Sales
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