Business Summary

LOCATION/ PREMISES
The business is located in a small town outside of West Malling in Kent.
The charming and vibrant retail area where the business is located comprises approximately 35,000 sq ft of restaurant and retail units. The business is in a highly visible location close to both
residential and business premises.
The bright, clean compact premises are attractively presented and boast a 5 star hygiene rating. There are three tables at the front of the premises for those patrons who prefer their coffee alfresco.
To the rear of the business is a staff WC and shed for storage.
There is ample free parking available.

BUSINESS
The business has served the local community as a sandwich bar for over ten years and under the
current owner’s stewardship for the previous two years. Baguettes are baked daily in the shop and
the bread is fresh every day. It offers a wide range of sandwich fillings, sausage rolls and pasties, salad boxes, jacket potatoes, soup and roasted meats.
The business also offers freshly prepared platters for meetings and training courses.

ASSETS
Included in the sale is the following
1 Futemat coffee machine - 2 group
Two ovens

Serve over counter
Panini machine
Coffee grinder
Stainless steel prep and storage unit.
Fridges and freezers etc

TRADING HOURS
Monday - Friday: 7:30am – 2.30pm

TURNOVER
Latest accounts support a T/O of £146,285 with impressive Net Profits

STAFF
At present the business is staffed by the two vendors and a part time assistant.

TENURE
We are advised that the property is currently held on a fifteen year renewable
lease which was granted in 2005 with reviews every five years.
The current rent is £9,000 per annum
The same landlord owns the entire retail park and there is a non
competition clause in all of the retail leases.
Business rates are Zero per annum (with small business rent relief).

REASON FOR SALE.
One of the vendors is hoping to emigrate.

COMMENTS/ POTENTIAL
This is a solid, established business suitable for a working owner, or couple. Plenty of scope exists for increasing revenue by extending the hours during the week and opening weekends. A new owner may also look at doing deliveries to the many nearby offices.
The vendor is happy to provide full handover support.
Please be aware that this sale is confidential and no direct approach must be made to the
business.

PRICE
The Vendor is seeking offers of £75,000 to include fixtures and fitting, equipment, and
leasehold interest.

Property Details