Cafes for sale in Exeter

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Quality Purposely Equipped Licensed Cafe/ Bar

Exeter, Devon, England

  • Leasehold Price: £39,950
Seller Reference: 2091
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Business Description
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Seller Reference: 2091
Request Details
Business Description
High quality upmarket licensed cafe, coffee shop and bar occupying a prominent trading position. Presented to an extremely high specification having been purposefully fitted and equipped to exacting standards in 2018. Undoubted opportunities to develop all aspects of the trade still further. Main Cafe/Bar comfortably seating 34 customers, Catering Kitchen and outside decked Seating Area for 10 customers. Opportunity to develop own style of trade to suit personal requirements - must be viewed in order to fully appreciate the high standards inherent all aspects of this business opportunity.
Trading hours:
The business trades on deliberately restricted opening hours of 8.30am until 5.00pm six days a week and is closed on Sundays. The business is also open until midnight one evening a week, on either a Friday or Saturday night, however this area of the business has never been fully exploited. The business benefits from a premises license which allows the sale of alcohol between 8.00am until midnight 7 days a week.
Number of employees:
3 Part-time
Location Details:
The Heavy Tree occupies a prominent trading position on one of the busy main arterial routes into Exeter city centre. The business is located within the popular Heavitree district of Exeter in a busy and popular shopping parade which is characterised by a number of well established independent and national retailers, lying approximately 1 mile from Exeter city centre. Exeter is the regional capital of the South West and as such, is not only an established and expanding business centre, but also a popular tourist destination year round. Renowned for its historic cathedral, well regarded University and waterside developments, Exeter boasts excellent transport communications with 2 mainline rail links to London, an International airport and easy access to the M5 motorway at junction 30.
Leasehold Term:
The premises are held on a renewable 10 year lease from April 2018 at a rent of £13,500 per annum, payable quarterly in advance. There is tenant only break clauses in April 2021 and April 2024. The tenant has internal repairing and external shop front repairing obligations.
Downloadable Documents:
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