Popular Town Centre Tapas Themed Restaurant

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Status
FOR SALE
Advert ID
177462
Reference
CD-10097 / RightBiz

Details

Presented in excellent order throughout
Net Turnover £192,410, with Adjusted net profits of circa £40,000
Dining areas for (70+) & substantial kitchen
External seating for 32+
Prominently positioned on a main thoroughfare
Much investment in the business
Run under management
Robust turnover and profits
Would suit husband / wife team
Rent - £14,500 p/a

The property is positioned on the first floor and has many original features, refurbished in an authentic theme consisting of open plan dining, wood strip floors, painted low wooden beans and vaulted ceiling.

An immensely popular Tapas themed restaurant situated in the heart of Newton Abbot close to complimentary traders.

Newton Abbot is a popular and thriving market town located in the district of Teignbridge which has a population of circa 130,000. Benefiting from a wide catchment area and with excellent road and rail links to major cities such as Exeter (17 miles north) and Plymouth (32 miles south west), whilst also being on the main line rail network. Newton Abbot is also an ideal base to explore destinations such as Torbay, the South Hams and Dartmoor National Park, all a short drive away.
Listing Details
Leasehold Price: £35,000
Tenure: Leasehold
Sector: Restaurants
Financials
Annual Turnover: £192,410
Annual Net Profit: £40,000
Key Features
  • Prime Location
  • Established Business
  • Close to Local Amenities
  • Attractive Business
  • Accounts Available
  • Town Centre location
  • Price Reduced
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