Under Offer: LEASEHOLD CAFÉ/COFFEE SHOP

  • Price: £64,950
  • Leasehold Price: £64,950
Maidstone, Kent, England
Seller Ref:C1160
For Sale

Under Offer: LEASEHOLD CAFÉ/COFFEE SHOP

Maidstone, Kent, England
Seller Ref:C1160
  • Price: £64,950
  • Leasehold Price: £64,950

Overview

Seller Ref: C1160

Description

CHARMING 28 COVER PREMISES
PRIME TOWN CENTRE LOCATION
HUGE SCOPE FOR LONGER HOURS
TURNOVER £2,600 PWK
WAS £3,000 PWK WHEN TRADING 7 DAYS
COURTYARD WITH 6 COVERS

LOCATION
These imposing premises occupy a prominent trading location in the centre of Maidstone close to the main shopping area, Fremlin Walk and the Hazlitt Theatre. The business enjoys tremendous footfall.

BUSINESS
The business is well established, has been in the present hands for 18 months and now only being marketed as a result of the Vendors other business interests. Tremendous potential exists for longer hours, especially Mondays and evenings. Potential also exists for functions, pop up events and outside catering.

TURNOVER
£2,600 PWK @ 65% GP (Was £3,000 PWK when opening Mondays)

STAFF
3 Full timers and casual staff (Mainly staff Run)

HOURS
8.30am – 3.30pm Tues – Sun (Mon Closed)

PREMISES
Imposing Corner premises with single frontage and single entrance to: Cafe Area: Tastefully decorated and furnished to spaciously accommodate some total 28 covers at quality furniture. Ground Floor: 8 Covers. Servery: EPOS till, Refrigerated display counter, 2 group espresso machine, ice machine, drinks chiller, 3 fridges. Lower Ground Floor: 20 covers max. First Floor: Kitchen: with full extractor canopy, griddle, 4 burner range, double fryer, toaster, bain marie, panini machine, 2 microwave ovens, 3 fridges, 3 freezers. Wash up area: st/stl sink, dishwasher, st/stl prep surfaces, 2 smoothie machines. Second Floor: Store Room: Staff W.C. and W/basin. OUTSIDE: Courtyard: seating for 6. Customer W.C and W/basin.

TENURE
10 years remaining on original 15 year lease. RENT – £21,000 PA (5 year reviews – next review 2028)

EPC RATING
BAND C

BUSINESS RATES
£1,730 P.A. (Payable 23/24)

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

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