Cafe for saleStrand Street, Sandwich, Kent, CT13
- Business for sale
- Ref 14519G
Piece of cake is located on the strand in the heart of historic town of Sandwich, Kent.
Sandwich lies on the the River Stour, 14 miles north of Dover and 14 miles east of Canterbury. Accessed off the A256 which links directly to the A2 and A299 connecting roads to the busy M2 motorway.
The beautiful town is a mixture of Tudor buildings, independent shops and restaurants, Victorian parks and attractions and waterside walks. It has become a highly desirable place to live and many local residents commute to London via the nearby mainline train station.
There are several large car parks within walking distance as well as limited on street parking on the same street as the business.
Hilton Smythe are delighted to offer to the market Piece of Cake, established by our client in 2012 and now offered for sale due to his wish to now retire.
The highly regarded A3 business is licensed and offers an extensive menu of home cooked breakfasts, lunches and specials including a large selection of home baked cakes. Our client offers a wide choice of breakfasts including a veggie option, 3 x types of egg options items on toast, cereals and much more. Also on the menu are brunches, fresh sandwiches and baguettes, wraps, jacket potatoes, soup of the day and traditional lunches including homemade burgers and fish and chips and more home cooked favourites.
The business also offers popular Afternoon tea with a large selection of counter sliced cakes, fresh bean to cup coffees, teas, cold drinks, bottled waters as well as a choice of wines and bottled beers.
Our client attracts a wide range of customers from families, local residents and professionals, coach trips and tourists in the summer, residents and visitors to nearby Deal and takes part in several local events and fetes.
They also offer local outside catering for small parties and funerals, our client informs us there is endless scope to increase the outside catering side. There is a large number of local residents who live in Sandwich and work in London.
In addition, there is high demand for early morning coffee and breakfasts to go, which currently our client is missing due to him not opening to 9.15 am. Offering local deliveries to local businesses could also add additional morning and late afternoon sales, our client informs us his busiest period is lunchtime.
The business currently only opens throughout the day, previously the cafe was operated as an evening bistro and still is licenced, any new owner may want to add an evening menu to attract more local diners.
Agreed handover offered.
PREMISES AND EQUIPMENT
External - large secluded terrace with solid wood patio furniture, hanging baskets and pots
(very popular in the summer) creates an additional 30 covers. 2 x air con units.
Internal - 25 covers with solid wood tables and comfortable leather chairs, large windows overlook the street and many of the original Victorian features remain including a beautiful exposed brick fireplace.
Solid wood counter with glass fronted cake chiller with under chilled storage,
1 x arm Fracino semi-automated coffee machine and grinder,
Hand wash sink,
Hot water urn,
Free on loan pour serve coffee machine,
Under counter glass fridge,
Under counter fridge,
Large solid wood week school dresser.
Separate ladies and gent's toilets with original tiled flooring.
Drinks store cupboard, cleaning material storage.
Walk in cupboard with tall upright freezer, small freezer, tall upright fridge, wall mounted storage shelving.
Electric double fryer,
Large extraction unit,
6 x gas oven,
Tall upright fridge,
Under counter freezer,
l shakes work bench,
Stainless steel prep sink,
Hand wash sink,
2 x microwaves,
Large range of crockery and glassware,
Wall mounted shelving,
Access to rear and terrace and bin store.
Equipment is valued around £30,000.
We are advised Leasehold.
Original lease length is 14 years.
As of 2017 9 years remain.
Ren is £7,200 per year.
The business opens
Summer 7 days 9.15am -4.15pm
Winter 6 days 9:1am-4.15pm
The business is owner run with 4 - 6 part-time members of staff.
As per the 2017 accounts the turnover is £80,000 with a gross profit in the region of 68%.
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