Cafe for sale

Park Street, Deal, Kent, CT14

Leasehold 97 sq. m. | £55,000

Property Description

Commercial information

  • Business for sale
  • 1,044 sq ft (97 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • REF12539
  • LEASEHOLD BUSINESS

Full description

Tenure: Leasehold

LOCATION
Gregory's Café is located in the popular seaside resort of Deal, Kent.

This well-known business is situated on the corner of a retail parade in the heart of the town centre. The café is surrounded by other thriving businesses including a Co-op supermarket, dry cleaners and tanning salon and beach. The café benefits highly from passing trade from the locals and from the honeypot of visitors to the town.

The closest bus stop from the business is a short walk away, just off the high street. Deal railway is a 2 minute drive away from Gregory's Café and can take you directly to Sandwich and Dover.

BUSINESS
Hilton Smythe is delighted to welcome to the market Gregory's Café.

The popular café is well known in the area to the local residents and visitors to Deal. The business was established in 2001 by our client but he has now reluctantly decided to sell to concentrate on other business interests.

The café specialises in a traditional home cooked menu and is most popular for breakfast and lunchtime specials. The business is at is busiest between 11am - 2pm during the lunchtime period. The café is also popular for birthday functions, with frequent requests for homemade birthday cakes.

The café is currently turning over a figure of £70,000 per annum and has a circa of 81%, we feel there is a scope to improve the business, possibly by extending opening hours into the evenings and offer a bistro style menu. We also feel like the business would benefit highly by applying for an alcohol licence.

The café is very spacious and can easily accommodate a further 20 covers, the new owner could also take the business to the next level by offering outside catering for event's and other private occasions, offer a delivery service to local residents and businesses.

We highly recommend an early viewing on this business.

PREMISES
The business premises is on the corner of a retail parade in Deal town centre. The shop has two staff car parking spaces which require a permit only and this is inclusive in the business. Directly next to this is a public car park which is free after 5pm used by locals and shoppers.

The café has a 30 cover café area with solid wood tables and a long service counter leading into the rear kitchen, this also gives you access to the car park and female and male toilets. Outside the café are 1 - 2 tables for customers that would like to sit outside in the warmer months.

Equipment

• 2x Cake and Pastry Display Glass Units
• Till
• Coffee Machine
• Drinks Fridge
• 3 X Upright Fridge Freezers
• 2x Microwaves
• Electric Hob
• Electric Oven
• Toasters
• Dishwasher
• Stainless Steel Prep Bench
• Prep Sink Unit
• Hand Wash Sink
• Wall and Base Storage Cupboards•
TENURE
We are advised that the business is Leasehold.
The original lease length is 10 years. As of 2016 14 months remain on the lease.
Rent £16,800 per annum

HOURS
The business is open from:
Monday - Closed
Tuesday - Friday: 9:00am - 4:30pm
Saturday - 8:00am - 4:00pm
Sunday - Closed

STAFF
To be advised.

FINANCIAL PROFILE
The business reports an annual turnover of £70,000 per annum and has a circa of 81%


Nearest stations

  • Deal (0.1 mi)
  • Walmer (1.7 mi)
  • Sandwich (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Deal (0.1 mi)
  • Walmer (1.7 mi)
  • Sandwich (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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