LICENCED LEASEHOLD CAFÉ WITH 3 BEDROOM FLAT

  • Price: £145,000
  • Leasehold Price: £145,000
Deal, Kent, England
Seller Ref:C1126
For Sale

LICENCED LEASEHOLD CAFÉ WITH 3 BEDROOM FLAT

Deal, Kent, England
Seller Ref:C1126
  • Price: £145,000
  • Leasehold Price: £145,000

Overview

Seller Ref: C1126

Description

PRIME LOCATION
3 BED FLAT
IMMACULATE 30 COVER PREMISES
COURTYARD WITH 16 COVERS
TURNOVER £342,000 P.A.

LOCATION
Prominently situated occupying a prime trading position close to the seafront of this charming Kent Town, enjoying panoramic sea views. The business enjoys excellent all year round trade.

BUSINESS
This is a well established concern which has been in the present hands since December 2017 and which is now only being marketed as a result of the Vendors require a change. Tremendous potential exists for longer opening hours, evening trade and functions. Our Clients enjoy a tremendous reputation and have a number one rating on Trip Advisor.

TURNOVER
Accounts show £342,000 P.A. @ 66% GP.

HOURS
8.00am – 2.00pm – 7 Days

PREMISES
Parade premises with seating for 6 to front. Attractive single frontage single entrance to: Cafe Area: with 30 covers, counter, elect cash register, drinks chiller, 2 group espresso machine. Kitchen: 2 double fryers, 2 griddles, extractor canopy, oven, 3 toasters, hot cupboard, st/stl sink, fridge, freezer, dishwasher. Cellar: Store Area: OUTSIDE – Courtyard: to rear with seating for 16 covers. Customer Toilet: Double Garage: with first floor store area.

LIVING ACCOMMODATION
Approached from cafe. Decorated to a high standard. Comprising: First Floor: Large Lounge: with panoramic sea view. Utility Room: Kitchen: Fitted units, st/stl sink. Bathroom: Full suite. Second Floor: Bedroom 1: Double. Bedroom 2: Single. Third Floor: Double Bedroom: Note: The premises benefit from UPVC replacement double glazing and gas fired central heating.

TENURE
4 years remaining on original 10 year lease (New lease available) RENT – £14,520 P.A. (5 Year reviews – next review Dec 2027)

EPC RATING
Band D

BUSINESS RATES
Nil currently payable

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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