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Restaurant/cafe for sale

£42,500

Rochester ME1, UK

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Property description

Ref 5792 – Leasehold Cafe
Blacks Brokers are proud to bring to the market this leasehold café located in the much sought-after area of Rochester, Kent.


Introduction


Pausenbrot Café has been trading from Bellerophon House on Doust Way since 2015 when our client set up the business. During that time, it has gained a large and loyal customer base and firmly established itself within the local community. The business offers a range of fresh food and drink produce in modern and comfortable surroundings.


Location


Situated on Doust Way, this trading location brings a great deal of local trade in addition to passers-by and visitors to the area. The area is placed mid-way between Rochester and Chatham, close to the River Medway and is well linked by the M2 and A2. This business also benefits from free, unrestricted car parking in layby opposite in addition to roadside parking in the immediate area. This is all within easy walking distance from Rochester town centre with its large range of shops, restaurants and tourist attractions.


Reason for sale


Pausenbrot Café is only being offered for sale as our client has other business commitments to fulfill and cannot give this business the time required.


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 2015 and runs at a cost of £10,000 per annum.


Building layout and design


The business is housed within the ground floor of modern building with residential properties above. This large, double fronted, modern retail unit is largely set on its own within a busy pedestrianised precinct. There are many residential properties in this area.The café is well branded and has clear signage on display with a number of seat available outside on a forecourt section. Inside, the main retail floor is set out as café dining area with modern décor and good quality fixtures and fittings. There is a comfortable, lounge area in one corner with large leather, L shaped settee and a children’s play area behind. To the opposite side is a well-placed and well-equipped, modern servery counter with doorway into kitchen. The kitchen and preparation area is well presented and furnished well. Additionally, a further dry store room and office is positioned to the rear along with both ladies and gents toilets.


Staff


Pausenbrot Café is currently operating with our client and partner in full-time employment. No additional staff are in place.


Financial details


Financial details are available upon a viewing of the business and Pausenbrot Café has traded solidly over its trading history. The business generates weekly takings of £1,250 with 40% gross profits and zero rates payable. Many repeat customers are from the local area as one would expect, with a great deal of additional trade from visitors to the area and passers-by.


Summary


This leasehold business occupies an exceptional trading position and has gained a superb reputation and customer base. There is plenty of scope to develop the business further and there are even more income opportunities through the addition of an online presence, with ordering and delivery service. Partnerships with websites such as Just Eat and Hungry House could also be beneficial. 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: £42,500.

Please quote ref: 5792

Property info

What Zoopla users think of Rochester

Overall rating:

  • currently 4 stars
Very good - 82% (102 ratings)

Ratings breakdown:

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Nearby transport

  • Rochester (0.1 miles)
  • Chatham (0.5 miles)
  • Strood (Kent) (1.0 mile)
  • London Southend Airport (15.1 miles)
  • London City Airport (21.4 miles)
  • London Gatwick Airport (34.5 miles)
  • Gravesend Pier (7.5 miles)
  • Tilbury Ferry Terminal (7.8 miles)
  • Wallasea Island Ferry Landing (20.5 miles)

Nearby schools

View all schools in Medway
  • St Margaret's at Troy Town CofE Voluntary Controlled Primary School (0.3 miles)
  • St John's Church of England Infant School (0.5 miles)
  • St Andrew's School (Rochester) (0.6 miles)
  • MidKent College (1.5 miles)
  • Medway UTC (1.8 miles)
  • Palmer's College (9.6 miles)
  • Trinity School and College (0.1 miles)
  • Rochester Independent College (0.2 miles)
  • Fort Pitt Grammar School (0.3 miles)
Note: Distances are straight line measurements

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

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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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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