Cafes for sale in Lynmouth

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Profitable & Well Established Coastal Cafe for Lease

Lynmouth, Devon, England

  • Leasehold Price: £55,000
Seller Reference: 2118
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 2118
Request Details
Business Description
THE PROPERTY
The Harbourside Café is a thriving and well-regarded daytime only traditional café and restaurant. The business offers a varied menu of breakfasts, morning coffee, lunches, light bites, cream teas, cakes and fresh local crab and lobster are a speciality. The café offers potential for incoming operators to purchase an attractive and highly sought-after business, currently operating on a seasonal basis (approx. 36 weeks of the year). The characterful ground floor lockup premises are purposely fitted and equipped and are presented to a high standard throughout. Occupying a prominent trading position, the premises briefly comprises: - Main Café Seating Area comfortably seating 24 customers; External Seating to the front for 12 customers; Kitchen with back up and Storage Facilities. The Harbourside Café also offers the potential for incoming operators to develop their own style of trade to suit their own personal requirements and take advantage of this impressive business in a prominent landmark trading position within a busy tourist location, beside the harbour. The sale of The Harbourside Café represents a unique opportunity to purchase a well-established and well-regarded business with impressive levels of trade and profits and genuine potential to increase all aspects of the trade still further.

SITUATION
The Harbourside Café occupies a lucrative and prime trading position, overlooking the harbour of the beautiful old port of Lynmouth, on the stunning North Devon coastline. Lynmouth is probably one of the most visited tourist locations in North Devon, and together with Lynton is often referred to as "Little Switzerland" being surrounded by deep sided wooded river valleys. It is a magnet for day trippers throughout the year and has one of the longest tourist seasons in the area. Local attractions include many that are known across the world. Walkers, who are walking the South West Coast Path, and train spotters, who visit the three unique railway lines close by, pass through all year round. Wildlife is abundant on the cliffs and the nearby Exmoor National Park and attracts artists, photographers and countryside enthusiasts.

INTERNAL DETAIL
Forming the major part of the ground floor of the original cottage, complete with an attractive traditional bay window, customer entrance door to front leading to Main Café and Customer Seating Area an attractive character seating area with heavily beamed ceilings, magnificent old fireplace (disused), feature lighting, wall mounted menu boards, range of freestanding wooden tables and chairs comfortably seating 24 customers. Servery Area with serve over display ice cream freezer (on free loan), electronic cash register and drinks fridge. The Kitchen A galley style kitchen recently updated with new equipment and with wipe clean clad walls. With extractor hood, 2 under counter fridges, under counter freezer, 3 microwave ovens, twin contact grill, toaster, 5 deep fat fryers, halogen hob, Buffalo grill, stainless steel hand basin, perimeter worksurfaces, wall shelving, stainless steel sink unit, open storage, Cimbali coffee machine (on lease), hot water still. The kitchen is designed to be operated by a single person and has regularly produced a high volume of cafe style meals, up to 150 covers per day. Rear Storeroom a spacious and most useful dry goods store area with 7 freezers, 3 fridges, ample racked shelving and 2 dishwashers. Staff WC.

EXTERNAL DETAILS
To the front of the property is Al Fresco Customer Seating, overlooking the harbour and coastline, for up to 12 customers. To the rear, between the kitchen and the storeroom is a private courtyard and covered area, for the use of owners and staff. There is a further built in cupboard, space for bins and access to the front for deliveries.

THE BUSINESS
The Harbourside Café trades as a quality daytime only café and restaurant and enjoys an excellent reputation for its quality, freshly prepared food, ambience and service. The business offers a popular menu to include breakfasts, morning coffees, lunches, afternoon teas to include the popular Devon Cream Tea, together with a selection of hot and cold drinks, and ice creams. Our client specialises in offering freshly caught crab and lobster dishes using produce landed locally in the harbour. The business has a prominent trading position and does not currently have a website, or social media presence, so no advertising or marketing of the business is undertaken by our client. The business benefits from a 5 star food hygiene rating. Our client is prepared to offer a handover period for training, if required.

TRADING INFORMATION
Through personal choice, trade levels are deliberately restricted to the VAT threshold with our client trading for around 36 weeks of the year. The business is backed by excellent figures and management accounts and detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades from February half term until October and the trading hours are 9am until 4pm seven day a week.

CURRENT STAFFING
The business is run by our client, a single working proprietor, with the assistance of 2 part time members of staff.

POTENTIAL
Our client advises that there is potential to develop all aspects of the business still further with opportunities for marketing and advertising initiatives. There is also the opportunity to extend the opening hours and offer evening opening and for incoming operators to develop the style of trade in a manner to suit their own personal requirements. The sale of The Harbourside Café represents a rare opportunity to acquire a profitable business, enjoying good levels of trade and with genuine potential to increase trade levels.

EPC
Listed building and therefore exempt.

SERVICES
Mains electricity, water and drainage are connected to the property.

PRICE & TENURE
£55,000 for the leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion.

The current lease extends to 24th April 2026. The current rent is £12,000 per annum. From the 25th April 2021 the rent will be £14,400 per annum for the remainder of the term. Full details available upon request.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel: . Email:
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.
Tenure:
Leasehold
Location Details:
The Harbourside Café occupies a lucrative and prime trading position, overlooking the harbour of the beautiful old port of Lynmouth, on the stunning North Devon coastline. Lynmouth is probably one of the most visited tourist locations in North Devon, and together with Lynton is often referred to as “Little Switzerland” being surrounded by deep sided wooded river valleys. It is a magnet for day trippers throughout the year and has one of the longest tourist seasons in the area. Local attractions
Leasehold Term:
£55,000 for the leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be additional at valuation. Vacant possession upon completion. The current lease extends to 24th April 2026. The current rent is £12,000 per
Listed by:
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