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#Business ID: 13175

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Kalli's Restaurant, 21 Marine Parade, Margate, CT9

Business Location: Margate, Kent, England

Asking Price: £ 369,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Kalli's Restaurant is a popular café and restaurant business, which has been in our client's hands since 1974 and which is only now being placed on the market due to the owners retirement. The business offers a wide menu of traditional hot and cold cafe and restaurant meals, snacks and beverages, with a popular take away service. A new owner could increase turnover by extending the opening hours into the evening, expanding the catering operation and quality s into the evening. The loaction is very close to the beach and a highly visiable location and would suite any restaurant business. The business benefits from an excellent reputation and has considerable repeat business. The property further benefits from 3 self-contained studio apartments, which add an additional revenue of around £13000.00.

Premises Details; Substantial 4-storey semi-detached property, ideally located and offering 3 x self-contained studio apartments above. Comprising: Ground Floor Main cafe/ restaurant area with customer waiting area, fixed furnishings for approximately 60 covers including a number of intimate seating booths, well equipped serve-over counter with electronic cash register and coffee machines. Extensively equipped kitchen with stainless steel work surfaces and high quality appliances o Washing up area o Staff room with washroom and WC facilities Lower Ground Floor consisting of Ladies WCs, Gents WCs, Dry store with Walk in freezer. First Floor Studio. Spacious open-plan bed sitting room with kitchen/breakfast room and separate shower room with WC. Second Floor Studio. Spacious open-plan bed sitting room with kitchen/breakfast room and separate shower room with WC, Third Floor, Spacious open-plan bed sitting room with kitchen/ breakfast area and separate shower room with WC.

External, Pavement trading area to front offering additional covers with approval, Small enclosed service yard to rear. Seperate Access to studios from rear of property.

Kalli's Restaurant is well located in the coastal resort of Margate in Kent, near the beaches and central town. The business is situated on Marine Gardens, close to the promenade and is surrounded by other existing business's, shops and and cinema complex. Margate is an historically affluent coastal town with wide sandy beaches and a strong tourist industry. The town boasts easy access by rail and road with the A28 to Canterbury, which lies approximately 17 miles away.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Property Details

Property Type:

Real

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