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Status
FOR SALE
Advert ID
178631
Reference
TR33028N / RightBiz

Details

Daytime CAFÉ, reputed to be the oldest in NEWTON ABBOT, established approaching 60 years, under current ownership approaching 10 years, enjoying strong local trade. Occupying central town centre trading position, just off main shopping thoroughfare, close bus station, car parks, market, banks, retailers and offices. Deceptive premises, subject of recent investment, offering approximately 70 covers, servery counter, commercial kitchen, wash-up area, ample storage, staff cloakroom, separate customer cloakrooms, favourable rent despite town centre trading position. Serves popular easily prepared menu, small amount of takeaway trade, Sales 2017 £102,231 ex Vat, Gross Profit £74,084 (73%), all from 6 day week, closing 2.30pm latest. Leasehold £54,995 sav Ref: TR33028N

Listing Details
Leasehold Price: £54,995
Tenure: Leasehold
Sector: Cafes, Tea Rooms
Financials
Annual Turnover: £102,231
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