Bistros for sale in Chagford

View the "Award-Winning Daytime Only Cafe & Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £75,000 Annual Turnover: £82,574
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Business Description
An award-winning, high-quality café and licensed restaurant operating on deliberately-restricted daytime-only hours and presented to an extremely high standard throughout. It has earned a national reputation for serving the best afternoon teas and Devonshire cream teas in the UK (Daily Telegraph; Café Life Awards), alongside the award-winning breakfast and lunch menu, with nearly all ingredients sourced from within 25 miles of the premises. Originally built as a traditional blacksmiths forge in the early 1800s, the ambience of The Old Forge remains sympathetic to its history, featuring double entrance doors (through which horses were led into the shop to be shod) and large windows across the entire frontage of the premises which overlook the ancient water fountain opposite. In place of the original forge’s furnace, there is now a stove fireplace with comfortable sofas. The business offers potential for incoming operators to develop a style of trade to suit their own requirements and take advantage of the prominent town centre trading position. Owned and run by our client for around 3 years, the premises are purposely fitted and equipped and are presented to an extremely high standard throughout having been the subject of complete refurbishment and renovation in recent years including the installation of a new kitchen, the replacement of all upstairs windows, renovation and redecoration of the main café area and installation of the traditional gas stove fireplace. The premises briefly comprise:- Main Café & Restaurant Area with seating for up to 30 customers comfortably; Customer Servery Area; fully-equipped Commercial Catering Kitchen and Customer WC. In addition, the business benefits from an attractive and well-presented 2 Double Bedroom First Floor Apartment with Sitting Room, Kitchen and Bathroom.
Trading Hours:


Through personal choice our client, a single working proprietor, has chosen to deliberately restrict the trading hours to daytime trade only, trading from 9:00am to 5:00pm Tuesday to Saturday and from 10:00am to 5:00pm on Sundays (closed on Mondays).


Number of Employees: 4 Part-Time

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:

An attractive and well-presented, self-contained 2 Double Bedroom First Floor Apartment with Sitting Room, Kitchen and Bathroom.

Support & Training: Full handover Available

Location Details:

The business occupies a prime and prominent trading position in this most desirable, affluent and sought-after Dartmoor town, at the lower end of the busy town square. Chagford is an attractive ancient stannery town offering a wide variety of day-to-day specialist shops and excellent range of amenities in the town. The large town of Okehampton lies 10 miles to the west and the University and Cathedral City of Exeter lies 20 miles to the east with its mainline rail links to London and its international airport. Chagford itself is home to a population of approximately 1,500 residents, with new housing developments underway set to increase this number and provide a further town car park which will see visitors to the town walk right past the entrance to The Old Forge. The town attracts tourists visiting the area as well as day visitors from the surrounding towns and villages. Chagford has easy access to the A30 dual carriageway (4 miles) leading west to Cornwall and to the east to Exeter where there is access to the M5 motorway network. Dartmoor is renowned for its spectacular scenery with granite tors, habitat moorland and wooded valleys dissected by rushing streams and rivers and there are many opportunities locally for walking, riding, fishing and adventure sports. The sale of The Old Forge represents a unique opportunity to purchase a well-established and extremely well-regarded award-winning business in an excellent trading position with established levels of trade and genuine potential to increase all aspects of the trade still further.

Leasehold Term:

The business is held on the remainder of a 15 year lease which commenced in January 2014 with a current rent of £17,000 per annum. The lease is full repairing and insuring, (apart from the roof which remains the responsibility of the landlord).

Is this business home based: Yes

Listed by: Stonesmith
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