Business Summary

Price Reduced

Summary

Asking price: £55,000

Sales revenue: £119,964

Net profit: Undisclosed

Employees: Owner and 5 part timers

Business Description

TOWN CENTER POSITION - 20 COVERS – 2 BED S.C. FLAT

BUSINESS - This is a well established concern which has been in the present hands for some 3 years and which is now only being marketed as a result of the vendors desire to pursue other business interests. Tremendous potential exists for more outside catering, function trade and sandwich rounds.

TURNOVER -2012 Accounts to show £2,307 pwk at 60% GP.

Property Information

Property: Leasehold

Lease terms: 3 years remaining on a 5 year lease (A new lease is available) RENT - £17,496 PA (3 year reviews)

Living accommodation: Self contained flat approached via sep rear entrance. Comprising: Kitchen/Diner: Lounge: Bathroom: Full suite. 2 Double Bedrooms: Further W.C Attic area: Note: The premises are tastefully decorated and benefit from gas fires central heating.

Location: These charming premises occupy a prominent trading location fronting a busy street in the town center of Maidstone. Close by are numerous offices, banks and stores that provide an excellent level of trade.

Other Information

Trading hours: 8.00am - 5.00pm Mon - Sat 11.00am - 5.00pm Sun

Fixtures value: Undisclosed

Stock value: Undisclosed

Property Details