Restaurant/cafe for sale in Kirkcaldy, Fife KY1

£20,000
Restaurant/cafe for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Well performing café and takeaway
  • 52 cover restaurant
  • Excellent starter business
  • Viewing recommended

Property description

Reference - 47130

Description
This is an extremely busy business which has been run by the current proprietor for over 21 years. The business benefits from being fully equipped and presented in walk in condition.

The business has built up a fantastic reputation, drawing custom from the surrounding area.

The business benefits from being situated amongst a good mix of both commercial and residential properties. Although the business is trading extremely successfully, there is still opportunity to expand the business. The business is being sold due to the current vendors wish to retire.

The business sits prominently in the town. The business trades from 08:00-16:30 7 days per week.

The business offers an excellent range of soups, fresh salad, sandwiches, paninis, baguettes, rolls, salad boxes, baked potatoes, hot and cold meals along with a good range of both hot and cold refreshments for customers to either sit in or take away.

Building External
The property is a terraced, lock-up unit, which has undergone a full refurbishment by the current vendor.

Building Internal
The front is straight to the street with a full glass frontage. The entrance is from the front which in turn leads into the restaurant area. The dining area can seat 52 persons, by way of fixed booths with pvc chairs and wooden, laminated tables. To the rear of the property, you will find the service counter.

The counter is well presented and comes fully equipped, with ample work surfaces and cooking station to the rear.

Ladies and gents facilities are located off the dining area.

Tenure
The property is held on the Scottish equivalent of leasehold.

We are advised the current lease has 9 years remaining, with an annual rental of £22,000.
We are advised the landlord would grant a new lease.

Sales
The business is currently turning over circa £2,200 per week (net of VAT) with a good gp .Full trading Figures will be made available after a formal viewing has taken place

Summary
This sale offers a great opportunity to purchase an established and well performing business. The business is an excellent first time buyer business. A viewing is highly recommended.

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company 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.

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