Cafe for saleNorthdown Road, Margate, Kent, CT9
Leasehold 168 sq. m. | £39,995
- Business for sale
- 1,808 sq ft (168 sq m)
- Use class orders: A3 Restaurants and Cafes
Café Continental Coffee Lounge occupies substantial ground floor premises, ideally located within the popular seaside town of Margate, Kent. The business is located on the busy Northdown Road and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from a car park to the rear of the property for approximately 8 vehicles and pay and display parking facilities to the front.
Margate is a seaside town in the district of Thanet in Kent. For at least 250 years, Margate has been a leading seaside resort, drawing visitors from London and further afield to its beaches. According to the 2011 census, the town had a residential population of 49,709. 2015 saw the revival of Dreamland, the UK's original pleasure park, with historic rides, classic side shows, eateries and evocative spaces, set within a landscape ideal for hosting festivals and special events.
The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property. Margate railway station is approximately 1½ miles away. The area is also well-served by the public transport system, with the A28 being within easy driving distance, which links to the national A-road and motorway networks. Ramsgate is approximately 5 miles away and Canterbury is 16½ miles away.
Hilton Smythe is delighted to welcome to the market this well-established and popular café/restaurant business, ideally located in Margate, Kent.
The property has been in our client's ownership for over 40 years and the business was originally established in the 1990s. Only now is the business being offered to the market due to our client's desire to concentrate on other interests. The business currently operates 6 days per week and generates a good turnover and gross profit.
The property is currently being run as a café, which offers a varied menu that includes freshly made hot and cold sandwiches, toasties, breakfasts, burgers, cakes etc. as well as a selection of hot and cold beverages, which include Italian coffee choices. The property could be used for multiple uses such as a bakery, café, bistro or restaurant.
The property has recently undergone a full refurbishment, including a new bespoke glass frontage, new shutters, electrics, new refrigerators and decorated throughout. The property is extremely well maintained and fitted out to suit the trade with approximately 60 covers and attractive leather booth seating throughout. We are advised this is the largest A3 unit of its type within the area, with excellent basement storage.
The business has built up an enviable reputation within the area for the high quality of the fayre and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the goods and services offered.
This is an excellent opportunity for a new owner to take this business to the next level, or a new venture to begin; therefore early viewing must come highly recommended to avoid disappointment.
Substantial premises in an ideal trading location, briefly comprising:
Lower ground floor with:
3 x very large rooms or preparation areas.
Ground floor with:
Attractive leather booth seating throughout.
Glass fronted display refrigerator.
Electronic cash register.
3 x professional benches.
Large extraction unit.
2 x deep fat fryers.
Rear car park for approximately 8 vehicles.
Terrace area to front for 3 x bistro tables and chairs.
We are advised Leasehold:
Rent: £12,000 per annum
The business currently operates:
Monday - Saturday: 8.30am - 4.00pm
The business is family run.
The business generates a good turnover and gross profit.
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