Restaurant/cafe for sale in Chatham ME4, UK

£10,000
Interested in this property? Call +44 161 937 5978 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref 5775 – Leasehold Cafe
#brandame# are proud to bring to the market this leasehold cafe located in the much sought-after area of Chatham, Kent.


Introduction


Cafe Sinatra has been trading at The Pentagon Town Centre since 2008 and over that time it has firmly established itself within the local community. The business has gained a loyal customer base and a good reputation.


Location


The Pentagon Town Centre, Chatham is a popular and very busy area of Kent. The business is located centrally in the town centre close to many other local businesses and shops. The area is popular all year round and is well used by local residents in addition to visitors to the area and shoppers. A huge, unrestricted, multi storey car park is close by as part of shopping centre.


Reason for sale


Cafe Sinatra is only being offered for sale due to retirement & Ill health.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 5 years with rent reviews every 5 years. The current lease began in 2013 at a cost of £11,000 per annum.


Building layout and design


Cafe Sinatra is situated in a high-profile position within this large town centre shopping centre, close to the top of a busy escalator. Housed within a large, double fronted, glazed unit, the business is well presented with strong signage and branding on display. Inside, there is a large, well presented dining area for 36+ diners with a servery counter to the rear of the space. To the rear of the servery area is a well-equipped and nicely presented kitchen and food preparation area which is visible from café. All areas are presented well with good quality fixtures and fittings in place.


Staff


Cafe Sinatra is currently operating with three members of part-time staff in addition to our client working on a full-time basis.


Financial details


Financial details are available upon a viewing of the business and Cafe Sinatra has traded solidly over its trading history. The business generates an annual turnover of £40,000 and there are zero rates payable for this property. Many customers are from the local area as one would expect, with this excellent trading position bringing additional trade from passers-by and shoppers. The service charge payable for the year is £4,769.


Summary


This leasehold business delivers consistent weekly takings all year round with much scope for expansion and development through the introduction of longer opening hours, an online and social media presence and a delivery service – this is much in demand in the local area for businesses and catering events. The business boasts a superb, 5* hygiene rating. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Business: £10,000.

Please quote ref: 5775

Nearby transport

  • Chatham (0.3 miles)
  • Rochester (0.7 miles)
  • Gillingham (Kent) (1.1 miles)
  • London Southend Airport (14.9 miles)
  • London City Airport (22.0 miles)
  • Lydd Airport (34.6 miles)
  • Gravesend Pier (8.0 miles)
  • Tilbury Ferry Terminal (8.3 miles)
  • Wallasea Island Ferry Landing (20.2 miles)

Nearby schools

View all schools in Medway
  • Brompton-Westbrook Primary School (0.4 miles)
  • St Michael's RC Primary School (0.4 miles)
  • New Road Primary School (0.4 miles)
  • MidKent College (1.1 miles)
  • Medway UTC (1.4 miles)
  • Palmer's College (10.1 miles)
  • Manorway Academy (0.2 miles)
  • Fort Pitt Grammar School (0.6 miles)
  • St John Fisher Catholic Comprehensive School (0.6 miles)
Note: Distance is shown as a straight line measurement

Local info for Medway

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

Contact Blacks Business Brokers about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Similar properties for sale nearby

7 more properties like this

View all The Pentagon commercial properties for sale