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Exclusive Charming Leasehold Licensed Restaurant/Coffee Shop In Kent For Sale

Tenterden, Kent, UK, ID 267574

Exclusive Charming Leasehold Licensed Restaurant/Coffee Shop In Kent For Sale 1
Exclusive Charming Leasehold Licensed Restaurant/Coffee Shop In Kent For Sale 1
Asking price:
GBP£39 950
Sales Revenue: £459 173 gbp
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Description

LocationProminently situated in a prime High Street trading position in a prosperous Kent town, attracting customers from a wide surrounding area. The business benefits from strong year-round trade.BusinessEstablished for over 20 years, the business serves homemade British food, breakfasts, morning coffee, lunches, and afternoon teas.The business is currently fully staff operated and offers potential for an owner-operator to extend opening hours, particularly in the evenings, to make greater use of the premises licence.TurnoverAccounts for the year ending 31st May 2026 show annual sales of £459,173, plus £11,800 per annum rental income from the flat.Gross profit: £368,520.Net profit before tax: £47,295 after staff wages of approximately £191,932 per annum.Staff* 8 full-time employees* 6 part-time employeesAnnual wage cost: Approximately £192,000.Trading Hours* Monday to Saturday: 9:00 am - 5:00 pm* Sunday: 10:00 am - 5:00 pmPremisesGrade II listed corner premises with two separate front entrances.Restaurant area featuring original exposed wall and ceiling timbers, an inglenook fireplace, and seating for approximately 90 customers, including the first-floor dining area.Additional facilities include:* Ladies' and gentlemen's toilets* Baby changing room* Wash-up area with stainless steel sink and dishwasher* Commercial kitchen with six-burner range and oven, double fryer, griddle, grill, four commercial microwave ovens, under-counter refrigeration, and three upright chillers* Preparation area with stainless steel sink, dishwasher, three upright chillers, and chest freezer* Staff room* Staff toilet* First-floor restaurant area* Second-floor office* Store roomOutside* Parking for one vehicle at the rear* Delivery accessLiving AccommodationSelf-contained three-bedroom flat currently sublet, producing rental income of £1,000 per calendar month.TenureNew 15-year lease from June 2025.Rent: £68,000 per annum, increasing by £1,000 per annum for the first four years.Rent reviews every five years.EPC RatingNot required.Business RatesApproximately £8,000 per annum.

Details

Real Estate: Lease
Employees (ppl): 14
Asking price: 39 950 gbp
Sales Revenue: 459 173 gbp
Salary expenses (per year): 192 000 gbp
Rent (per year): 68 000 gbp

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