Sold
Well known Licensed Cafe business for sale
Sandwich, Kent
- Asking Price: £51,000 +SAV
-
Turnover:
We are advised as per the 2020 accounts, the business generated a turnover in the region of £68,000 (due to lockdown). Full financials can be made available upon further.
Please quote reference B06184
- Tenure: Leasehold
Please quote reference B06184
CoGoGo is delighted to offer to the market the Strand Street Kitchen , a newly refurbished and well known licensed cafe business in the heart of Sandwich. The ‘turn-key’ business opportunity was established by our client in 2012 who is now looking to sell the business to retire.
The cafe comes with a large private outside terrace able to accommodate 30 covers and an inside dining space for 28. We are advised the business is currently enjoying a 30% increase in sales since the re-branding of the cafe which is attracting a high number of new customers to the area. The business is fully licenced for food alcohol and music until 22.30pm.
The sale of the business includes the following equiptment -
- Service area - Solid wood counter with glass fronted cake chiller with internal chilled storage, drinks chiller, 1 x arm Fracino semi-automated coffee machine and grinder, hand wash sink, hot water earn, ice maker, filter coffee machine, under counter glass fridge, under counter fridge, till, card machine, rear storage shelving, large solid wood dresser.
- Walk in storeroom with tall upright freezer, small freezer, tall upright fridge, wall mounted storage shelving.
- Kitchen - Electric double fryer, Lincat Salamander, large extraction unit, 6 x gas oven, tall upright fridge, under counter freezer, toaster, work bench, Miele dishwasher, s. steel prep sink, hand wash sink, 2 x microwaves, panini grill, Kenwood Major, large range of crockery and glassware, wall mounted shelving, storage trolley. Access to rear bin store .
Our client attracts a wide range of customers from families, local residents and professionals, coach trips and tourists in the summer.
Our client chooses not to open for the early morning coffee/breakfast trade however advises this is an increasingly busy time within the town due to the many commuters and people now working from home looking for early morning refreshments.
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 .
Our clients have advised an handover period could be offered, should a new buyer be interested.
We are advised that the business has 6 part-time staff members.
We are advised the business hours are -
Monday – 9:15am - 4.15pm
Tuesday – 9:15am – 4:15pm
Wednesday – Closed
Thursday- 9:15am – 4:15pm
Friday – 9:15am – 4:15pm
Saturday – 9:15am – 4:15pm
Sunday – 9:15am – 4:15pm
The Strand Street Kitchen is located on the main road into the heart of Sandwich, Kent.
Sandwich is an historic town and civil parish on the river of stour , 14 miles north of Dover and 14 miles east of Canterbury. The town is accessed just off the A256 which links directly to the A2/ A299 connecting roads to the busy M2 motorway.
The beautiful town is a mixture of Tudor buildings, independent shops and restaurants, Victorian parks and walks. It has become a highly desirable place to live with many of its new residents relocating from London.
The area has also become well known due to its link to the Gogglebox couple ‘Steph & Dom’ who had previously owned the nearby Salutation Hotel.
The nearby mainline station connects directly to St. Pancras station in just 1.5 hours.
There are several car parks within walking distance including one directly in front which offers 1 hour free parking.
As you can see from the photos attached, our client has carried out a recent refurbishment of the cafe which has included a new air conditioning system and new boiler.
External - Large, secluded terrace with solid wood patio furniture, hanging baskets and pots (very popular in the summer) creates an additional space for 30 covers.
Internal - 25 covers using 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, service counter.
Separate ladies and gents toilets with original tiled flooring.
Drinks store cupboards , cleaning material storage and walk in cupboard.
Tenure
We are advised that the business is being sold on Leasehold basis, with 2 years remaining on a 10 year lease, with a new lease offered for a new buyer. The rent is £600 per month and has £0 rates payable.
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