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LICENSED CAFÉ/RESTAURANT (catering for breakfasts, lunches, snacks, teas &

Price:
Leasehold - £50,000
Turnover:
Register to view
Seller Ref:
R2823
Location:

Devon

Business Type:

Food Service Businesses

See Other:
Cafés for sale in Devon
Restaurants for sale in Devon
Fast food restaurants for sale in Devon
Food service businesses for sale in Devon
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Forecourt area with space for 3 tables and 10 chairs to -

SPACIOUS CAFÉ/RESTAURANT with woodstrip floor. Granite topped tables plus chairs providing seating for 40 persons. Cool display counter, 2 group coffee machine, coffee grinder.

LEVEL KITCHEN with tiled floor. The equipment incudes grill, 3 microwave ovens, double deep fryer, double flat grill, panini toaster, bain marie, 1 stainless steel fridge etc.

STAIRS TO FIRST FLOOR additional seating area with tables and sofas for approximately 10 persons.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Office plus storeroom

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £19,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,600 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade of shops, sought after market town, DEVON
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 5 p.m.
Sunday opening - 9 a.m. - 3 p.m.
Accommodation:
Yard at rear with parking space for 1 car plus 1 additional parking space at a rental of £250 p.a.
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