£45,000
(£69.56/sq. ft)
Restaurant for saleCafe, Maldon CM9
647 sq. ft
EPC Rating: D
Just added
Leasehold
About this property
An exceptional opportunity to acquire a thriving, highly rated café business situated in a prime wrap-around corner location on Maldon's busy High Street. Boasting an outstanding reputation, strong existing turnover, and zero business rates, this turnkey business offers incredible upside potential for an incoming operator.
Key Features & Financial Highlights
Prime Location: Highly visible, double-aspect wrap-around corner plot benefiting from maximum footfall and vehicle exposure.
Stellar Reputation: Outstanding customer feedback with 4.9★ on Facebook and 4.7★ on Google reviews.
Low Overheads: Qualifies for Zero Business Rates (Small Business Rates Relief).
Strong Trading Base: Proven, well-established turnover operating on short hours.
Premises Specification (Approx. 647 sq ft Total)
Retail Zone A: 529 sq ft
Internal Storage: 118 sq ft
Layout Breakdown:
Open-plan main café / coffee shop trading area
Dedicated kitchen space
Customer/Staff WC
Private store room
Massive Scope to Increase Turnover
The business currently trades just 5 days a week with short daily hours (10:30 to 16:00), leaving significant potential to boost revenue immediately:
Extend Daily Operating Hours: Capitalise on lucrative early morning breakfast/coffee trade and late afternoon service.
Increase Trading Days: Expand from 5 days to 6 or 7 days to capture full weekend and early week traffic.
Offer Expansion: Scope to introduce takeaway/delivery services, secure an alcohol license, or host evening pop-up events
Tenure
We are advised the premises is held on a secure 10-year lease expiring August 2027 at a current rental of £17,000 per annum exclusive. We are advised the landlord would be willing to grant a new lease to a purchaser
Turnover
We are advised turnover averages approximately £2,000 per week working to usual high gross profit margins associated with the trade
Business Rates
The premises is subject to a rateable value of £11,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party are to be responsible for their own, with the landlords legal costs to be split 50/50 based on a lease assignment. If a new lease is granted, each party are to be responsible for their own, with the landlords legal costs for the surrender of the existing lease to be the responsibility of the vendor and the landlords costs for the granting of the new lease to be the responsibility of the purchaser
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Key Features & Financial Highlights
Prime Location: Highly visible, double-aspect wrap-around corner plot benefiting from maximum footfall and vehicle exposure.
Stellar Reputation: Outstanding customer feedback with 4.9★ on Facebook and 4.7★ on Google reviews.
Low Overheads: Qualifies for Zero Business Rates (Small Business Rates Relief).
Strong Trading Base: Proven, well-established turnover operating on short hours.
Premises Specification (Approx. 647 sq ft Total)
Retail Zone A: 529 sq ft
Internal Storage: 118 sq ft
Layout Breakdown:
Open-plan main café / coffee shop trading area
Dedicated kitchen space
Customer/Staff WC
Private store room
Massive Scope to Increase Turnover
The business currently trades just 5 days a week with short daily hours (10:30 to 16:00), leaving significant potential to boost revenue immediately:
Extend Daily Operating Hours: Capitalise on lucrative early morning breakfast/coffee trade and late afternoon service.
Increase Trading Days: Expand from 5 days to 6 or 7 days to capture full weekend and early week traffic.
Offer Expansion: Scope to introduce takeaway/delivery services, secure an alcohol license, or host evening pop-up events
Tenure
We are advised the premises is held on a secure 10-year lease expiring August 2027 at a current rental of £17,000 per annum exclusive. We are advised the landlord would be willing to grant a new lease to a purchaser
Turnover
We are advised turnover averages approximately £2,000 per week working to usual high gross profit margins associated with the trade
Business Rates
The premises is subject to a rateable value of £11,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser
Legal Costs
Each party are to be responsible for their own, with the landlords legal costs to be split 50/50 based on a lease assignment. If a new lease is granted, each party are to be responsible for their own, with the landlords legal costs for the surrender of the existing lease to be the responsibility of the vendor and the landlords costs for the granting of the new lease to be the responsibility of the purchaser
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Mortgage calculator
Monthly repayment
£225 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}