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Leasehold Lic Cafe Bar Restaurant Folkestone Kent For Lease

Folkestone, Kent, UK
Asking Price:
£130,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

PRIME LOCATION
32 COVERS PLUS 18 OUTSIDE
EASY HOURS
HUGE POTENTIAL FOR EVENING TRADE
TURNOVER £5,500 PWK
RENT ONLY £15,000 P.A.

LOCATION
These superbly presented premises occupy a prominent trading position fronting a busy street close to the centre of this charming Kent Town. The business serves a well populated, affluent residential area which provides regular all year round trade.

BUSINESS
The business was established by our Clients in December 2019 and which is now only being marketed as a result of the Vendor requiring a change of business environment. Our Clients currently only trade during the daytime offering tremendous potential to open evenings.

TURNOVER
Accounts show £5,500 PWK @ 65% G.P.

STAFF
Vendor plus 3 Full time and 5 part time staff WAGES - £2000 PWK

HOURS
9.00am to 5.00pm - Mon to Sat (Closed Sun) Huge potential for evenings and Sunday trade.

PREMISES
Imposing premises with attractive frontage with electrically operated awning and single entrance to: Restaurant Area: Tastefully decorated and furnished to accommodate some 32 covers. Servery: Counter with 3 group espresso coffee machine (On free loan from coffee supplier), bean grinder, refrigerated serve over counter, Merry Chef turbo oven, drinks chiller, electronic till with kitchen printer. Customer W.C and Baby change. Lobby: Wash up Area: double deep st/stl sink, ice machine, dishwasher, st/stl prep surfaces, 2 double upright chillers, freezer. Kitchen: 6 burner range and oven, 4 burner range, double fryer, panini grill, bain marie, full extractor canopy, under counter refrigeration, deep st/stl sink. Store Room: NOTE: The kitchen area is overly spacious, part of which could be used for additional seating to provide easily an additional 20 covers. First Floor: Staff W.C. 2 Store Rooms: Office: OUTSIDE – 18 Covers to front. Rear Yard: vehicle access.

TENURE
3 years remaining on original lease (New lease possibly available) RENT - £15,000 P.A. (3 year reviews)

EPC RATING
Band C

BUSINESS RATES
Nil payable currently

Property Information

Property:

Leasehold

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