Cafes for sale in Newton Poppleford

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Ian McGregor (Nov 2013)
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Leasehold Price: £79,000 Price Reduced
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Business Description
A much liked restaurant, with a strong loyal following from a wide geographical area all year round and offering an Italian influence menu within an attractive dining area which successfully caters for both small intimate gatherings to larger parties and events. With over 75 covers, bar, well equipped kitchen, self contained 2 bedroom apartment above, parking to rear and all located in a much sought after east Devon village of Newton Poppleford and benefiting from high passing vehicle of traffic which increases several fold during the summer months. La Rosetta trades very successfully, producing over £152,000 turnover PA, early viewings are highly recommended.

BUSINESS
La Rosetta operates as a licensed restaurant and takeaway. The menu is primarily Italian and is licenced for alcohol. The business is spacious and well equipped. This business is located in an excellent trading position within the high-street of the village Newton Poppleford. La Rosetta is well known, a favourite with locals, visitors and is family friendly. Additional income can be made from a two bedroom self-contained flat above the restaurant.

TRADING HOURS
Tuesday – Sunday: Lunchtime 12 – 2, 6 – 10.30 (except Sunday). Closed all day Monday

LOCATION
Situated in a sought after east Devon village of Newton Poppleford; Fronting the main arterial A3052 road enjoying very high vehicle of traffic which increases many fold during the summer months because of being a much sought after tourist destination. Newton Poppleford is equidistant between Sidmouth and the city of Exeter which benefits from the M5 motorway, international airport, main railway line and widely considered to be the capital of the south west. It benefits from an impressive turnover and subsequent net profit which will available following a successful formal viewing.

ACCOMMODATION
Comprises:

Entrance through part glazed doors into:

Vestibule
Part glazed doors into:

Dining Area 1
8.64m x 5.47m
Comprising of 15 tables and chairs for approx. 50 covers. Dual aspect windows to front and side, suspended ceiling, carpeted throughout and presented to a high decorative order. Ceiling mounted air conditioning unit which provides hot and cold air.

Bar Area
Bespoke bar and counter with under the counter fridge, ice machine, both wall and base fitted units with inset stainless steel sink and drainer, optics on rear wall, sound system, electric till, printer, credit card machine and ample shelving for glass ware.

Bespoke Coffee Station/Prep Area
With an array of wall and fitted base units providing storage for cutlery, crockery,
Upright fridge freezer,
2 x cappuccino machines
1 x coffee grinder.

Dining Area 2
6.2m x 3.87m
With 7 table and chairs providing 20 covers with separate door to front:

Situated between Dining Rooms 1 & 2:

Gents Toilet
Low level WC, wash hand basin and towel dispenser.

Ladies Toilet
Low level WC, wash hand basin and towel dispenser.

Built in storage room
Hoover, high chairs, cleaning materials and general stores.

Kitchen
3.69m x 3.39m
1 x 6 ring gas cooker and oven,
1 x 6 ring free standing gas hob,
4 x free standing stainless steel tables and under table shelving, ample shelving on walls,
1 x twin counter pizza oven,
1 x large stainless steel extraction canopy with high level ventilation,
2 x microwave ovens
With 3 x windows to rear.

Store Room/Wash up Area
4.21m x 2.18m
1 x commercial through-put dishwasher,
2 x free standing stainless steel tables with shelving under,
1 x prep stainless steel table,
1 x large dough mixer.

Steps leading down to:

Store Area
4.01m x 3.99m
Ideal area for general stores also housing a large chest freezer
Door to rear Car Park.

Inner hallway accessed from rear car park into:

Lobby to rear of kitchen
With access to large walk in fridge,
Staff cloak room with low level WC and wash hand basin,
Large upright freezer
Window to rear

Self Contained 2 bedroom Apartment
Accessed at front or rear of premises:

Double bedroom
Built in wardrobe.
Window to front

Single bedroom
Window to rear

Kitchen
Comprehensively equipped and furnished.
Window to rear

Bathroom
Bath with shower over, WC and wash hand basin
Obscure window to rear

Lounge Diner
Large room.
Window to front and rear

Currently let on an AST (assured shorthold tenancy) with a passing rental of £460 pcm, but can be made available with vacant possession subject to contract.

OUTSIDE
Substantial yard providing bin storage, sufficient space for parking 5/6

SERVICES
Mains electricity, water, gas and sewage are all connected. None of these services have been tested by the agents, Ware Commercial.

TENURE
19 years leasehold on a 42 year lease which commenced in 1991. Passing rental £20,000 Per Annum, with 4 year rent review

BUSINESS RATES
Please make your own enquiries on the local Valuation Office Agency, telephone 03000500246 or on the Valuation Website (VOA) at www.voa.gov.uk

VIEWINGS
Please contact the agents for an appointment to view this unit.
Tel. 01803 328880.
Email info@warecommercial.com
Website: www.warecommercial.com

Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.
Tenure: Leasehold

Listed by: Ware Commercial
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