Prime Devon Cafe & 2-Bed Flat in Bustling Market Town - Ref 1789
Undisclosed, Devon
- Status
FOR SALE
- Date Submitted:
19/02/23
- Advert ID
508644
- Reference
1789 / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Rent: £23,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Attractive Business
- Accounts Available
- Prime Location
- Close to Local Amenities
- Established Business
- Fully Fitted
- Small Business
- Town Centre location
Business Details
Attractive Cafe with Accommodation in Busy Market Town Ref 1789
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 - [email protected]***
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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