Cafes for sale in Paignton

View the "Sandwich bar/Coffee Shop in busy Paignton location" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Sandwich bar/Coffee Shop in busy Paignton location

Paignton, Devon, England

  • Leasehold Price: £25,000
Seller Reference: 0112
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 0112
Request Details
Business Description
Well Presented * Established Business * Busy Location * Scope to Expand

A sandwich bar and coffee shop for many years, this business was recently rebranded to Studio Café at the beginning of the year.

We are all aware of the uncertainty that lockdown brought to the retail scene but since reopening trade has started to return with noticeable benefits from the modernisation undertaken. The business is owned and operated by two brothers since 2015 who have decided that they actively wish to retire and thus are looking to sell their leasehold interest.

There is tremendous scope to expand the present business with the building offering a purchaser the opportunity to utilise the change of planning use classes which now allow a wider user such as restaurant although a takeaway would not be permitted and would require a formal change of use.

Accommodation

Frontage 4.9m

Depth 16.71m

WC and stairs

Total Area 46.6m² (502sq ft)

Lease

10 years from 23/04/2014 subject to 5 yearly rent reviews.

The current rent is £9,350.

Business Full trading accounts will be made available to genuine applicants once having viewed the business.

Rateable Value

£8,500 - NB Small business relief available for qualifying tenants.
Tenure:
Leasehold
Location Details:
Busy town centre location
Downloadable Documents:
Listed by:
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