£90,000

Restaurant for sale

  1. Property photo 1 of 1.
Business

Fixed price

£90,000

(£750.00/sq. ft)

Restaurant for sale

Fore Street, Devon TQ13

120 sq. ft

Local area information

Property location

Nearby amenities

  • Ilsington Church of England Primary School 1.5 miles
  • Bovey Tracey Primary School 1.8 miles
  • Newton Abbot 6.9 miles
  • Shaldon Teignmouth Ferry Landing 10.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • 2 bedroom flat located on the first floor with separate entrance included
Central Business Sales is delighted to offer to the market a well established cafe with 2 bedroom flat above included in the lease. In a prime location in the centre of a thriving market town, the cafe offers a welcoming environment and a nutritious menu. The premises were renovated around 4 years ago and are in excellent condition throughout.

The cafe has a strong focus on healthy, tasty food using quality locally sourced ingredients. In addition to hot meals, it also offers a good selection of barista made hot drinks. A new owner may wish to build on the success of the existing business, although the premises lend themselves well to evening restaurant trade or upmarket sandwich bar/wine bar, so there are options to diversify if desired.

The premises comprise the cafe on the ground floor, with dining space, kitchen/prep and accessible WC; and 2 bedroom flat on the first floor. The flat is used by the current owner for storage, however it has an open plan kitchen/lounge, bathroom, master en suite bedroom and second bedroom with WC ensuite. It would be ideal for owner or staff accommodation. Outside, there is a wonderful courtyard, along with a large garden with raised beds and attractive pergola.

Rent is £23,000 per annum, with 10.5 years left on the lease. The business is being brought to the market on a leasehold basis at an asking price of £90,000, to include the lease, goodwill, equipment, fixtures and fittings.

***all enquiries to be made to Central Business Sales - ***

More information

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