Cafes for sale in Tiverton

View the "Cafe/Restaurant with Courtyard Tea Garden" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £99950 PREMIUM
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Business Description
We are instructed by the current leasehold owner of The Madhatters Restaurant, to offer part of the ground floor and upper floors of this Grade II listed deceptively large, terraced commercial property. The property backs on to a large car park, with access to the rear through a sunny sided tea garden with 48 seats. The property benefits from a large basement with potential to develop into a cellar/bar, which would require planning permission. The ground floor has access to the entrance hallway, off the main town centre street, leading to the main inner restaurant, which can accommodate 48 customers and service counter. The first floor comprises of the main commercial kitchens, of which there are two and on the upper floors there is owners' accommodation. A superb Business well worthy of your early consideration personally inspected by Tony Foster of Webbers Commercial Telephone 01271347888 or out of hours 07967385228
Trading Hours:


The opening hours are: 9.30 am - 3 pm Monday to Thursday, 9am - 3pm Friday to Saturday, Closed on Sundays. These opening hours could be extended further with the potential for Sunday lunches and also evening hours if required.


Number of Employees:

The business is operated by a husband and wife team with 4 staff if and when required.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

There are 3 bedrooms, kitchenette, owners lounge and shower room/WC. The property benefits from gas fired radiator central heating.

Location Details:

In a prime town centre trading position, with the entrance from Fore Street adjoining Boots the chemist, the property is located directly adjacent to an Estate Agency on one side, opposite Boots Opticians and to the rear approach from Beck Square public car park. Tiverton is located in the heart of Devon, approx. 14 miles North East of the county's city of Exeter. Nearby towns include Cullompton 9 miles away and Crediton 15 miles. Tiverton is right at the junction of the North Devon link road A393. The link road connects Tiverton to the M5 motorway at junction 27. And to the north to Barnstaple. The A393 has links to Exeter and Minehead. Tiverton also has the benefit of a railway link at Tiverton Parkway, approx. 4 miles outside of town which links to the main national railway network. The town lies on two beautiful rivers The River Exe and the River Lowman, which joins south of the town centre. The town also has a canal and a number of important landmarks such as Cranmore Castle, St Peters Church, Tiverton Castle and has a well-known history in the traditional cloth and lace industry.

Leasehold Term:

We are informed that the premises are to be held on the balance of a 21 year lease, from 1998, which was extended further to the 7th of October 2027. The current rent payable is £12,500 per annum, for the restaurant and accommodation.

Listed by: Webbers Property
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