Margate Old Town Seaside Patisserie & Café for Sale - Great Footfall, Prime Location
Margate, Kent
- Status
FOR SALE
- Date Submitted:
01/08/22
- Advert ID
299884
- Leasehold: £30,000
- Rent: £9,900
- Turnover: £79,900 (£1,537 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- New Lease
- Attractive Business
- Prime Location
- Offers Invited
- Unique Business
- Small Business
- Close to Local Amenities
- Established Business
- Town Centre location
- Price Reduced
Business Details
Cakeshop & Café in Margates beautiful Old Town
Amazing Business Opportunity.
In Margates beautiful Old Town. Our beautiful Seaside Patisserie is up for sale.
A fully fitted small Café & Cakeshop, located in the sought after location, the vibrant and quirky Old Town, so popular, no empty premises at all.
Large Windows, top location, great footfall.
Ever dreamt of your own Cakeshop? Your own little Café that could turn into a Wine Bar and Tapas Place in the evening? A Dessert Parlour, signature coffee shop or a healthy smoothie place with wholesome lunch options? An artisan deli…. This is your chance!
The shop is already licensed for outside seating and has an alcohol license in place. Fully fitted kitchen.
It comes with everything you need, from a proper two group expobar coffee machine incl grinder, a soft serve ice cream machine, a beautiful chilled glass display fridge, till system, two ovens, two fridges, a large freezer, blender, food processor, stand mixer, worktops, shelving, inside & outside seating and all the utensils, decorations, fittings and tools to run your business from day one.
After trading over seven years in Margate and having the Patisserie operating for over two years (with our Bistro still located around the corners), we, owners Roman and Sarah, are not only expanding our little family but are also moving on to the next chapter in life. So we have made the difficult decision to offer our lovely Patisserie to the right person. We are in no rush but would like to get the ball rolling, and ideally sell before end of summer.
We have not only amazing neighbours that attract tourists and local regulars alike, but also a fantastic and caring landlord, so.
It will come with a brand new lease (subject to referencing and affordability checks, the existing lease has three years left).
We are looking for a premium for the shop and goodwill in the region of £29990.
The yearly turnover is in the region of £80.000.
The rent is currently at £9.900 p. A. (Per annum/yearly).
If you are interested please contact Sarah via (available on request). Uk for more info or to arrange a viewing and discuss first steps.
To our lovely customers: again, we are in no rush. Existing orders are not affected, the Patisserie will stay open and operating for the time beeing and we are looking forward to a busy holiday season! #Margate.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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