PRIME OLD TOWN LOCATION
TURNOVER £4000 PWK
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.
The business has been in the present hands for some 3 years and is now only being marketed as a result of the Vendors other business and family commitments. Tremendous potential exists for longer opening hours especially early breakfast trade and evening trade.
£4000 PWK @ 65% GP.
9.00am – 4.00pm Weds to Sun (Closed Mon and Tues)
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.
7 year lease from May 2016 (Outside L/lord and Tenant Act) RENT - £19,000 P.A (INCREASING BY £1000 p.a. FOR NEXT 2 YEARS)
Nil Currently payable