Restaurants for sale in Newton Poppleford

View the "High Quality & Well Regarded East Devon Restaurant with Flexible 3 Bedroom Owners Accommodation" 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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Freehold Price: £275,000 Annual Turnover: £110,842 Annual Net Profit: £33,487
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Business Description
High quality and well regarded East Devon restaurant, occupying a prominent main road trading position. Presented to a high standard throughout with flexible 3 double bedroom owners/letting accommodation. Excellent opportunity to purchase a popular and profitable home and business in a sought after location.

This is a quality award winning licensed restaurant with flexible owners/letting accommodation occupying a prominent trading position. Presented to an extremely high standard throughout and having benefited from much investment and expenditure by our clients during their 11 years of ownership, this is a unique opportunity to purchase a profitable and highly desirable catering business offering flexible accommodation with potential for letting rooms in sought after East Devon. This two storey end of terrace property briefly comprises:- an attractive Main Restaurant comfortably seating 24 customers, Conservatory Restaurant/Function Room comfortably seating 12 customers, Customer Lounge Area, Commercial Catering Kitchen, Preparation/Still Room. A feature of this property is the flexible owners accommodation which, dependent upon requirements, can be configured as 2 Double Bedrooms, Sitting Room, Bathroom and a Double En-Suite Letting Bedroom. Externally the property benefits from a Single Garage and a Small Patio Area to the front which leads to a Further Patio Area and Lawned Trade Garden offering al fresco seating for around 12 customers.
Trading Hours:

Our clients have chosen to restrict the opening hours of the business to suit their own circumstances and family lifestyle. The business trades 5 evenings and 6 lunchtimes per week (closed Sunday evenings and all day on Mondays). The business also closes for at least two weeks during January and for various other long weekends throughout the year which enable our clients to take holidays.

Number of Employees:

Husband and wife with up to 4 part-time members of staff

Tenure: Freehold

Number of bedrooms: 3

Accommodation Details: Flexible 3 bedroom owners/letting accommodation

Location Details:

The business occupies a prominent and landmark trading position alongside the A3052, a major tourist and coastal route running from Exeter and the M5 motorway to Lyme Regis and the Dorset coastline.

Is this business home based: Yes

Listed by: Stonesmith
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