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Successful Cafe In Paignton

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Status
SOLD / WITHDRAWN
Advert ID
191639
Reference
URBAN3518 / RightBiz

Details

A professionally presented and highly successful café/tea room, located in the very heart of the much sought after seaside resort of Paignton, Devon. Occupying an enviable location taking advantage of a very high vehicular & pedestrian foot traffic, liquor license which results in a turn-over circa ¼ million pounds per annum. Currently trading day time hours only but during the min part of the summer season, hours are extended taking advantage of the increased demand. Comprehensively equipped kitchen interlinked to the main servery by an epos computer-till, seating for approx. 50 covers. This is an opportunity not to be missed. Early viewings are highly recommended....


LOCATION
The business is ideally located on the corner of the busy Hyde Road, Torbay Road and main high street with both bus / train station only yards away. This strategically located business enjoys a commercially important position within Paignton with together with both all year regular trade, which swells during the summer months by the influx of tourism. With only a minutes’ walk to the beach and harbour front, this is a truly enviable highly visible property frontage.

BUSINESS
Urban Edge Café have only been operational for a short period but established itself to become a very profitable operation. With sales already predicted to reach ¼ million per annum and yet achieving weekly sale exceeding £4,000 during the winter months and climbing. We the agents feel there is much scope to expand this already impressive turnover by simply opening longer hours, improved marketing together with subsequent increasing repeat trade. Equity Partnership will be considered.

ACCOMMODATION
Entrance in through part glazed door to:

MAIN DINING ROOM AREA 1
9.75m x 6.26m
A beautifully presented large area with feature wall paper, 12 x tub chairs & tales and a further 4 x table and chair altogether for over 20 covers and newly fitted suspended ceiling with down lighting throughout.

SERVERY COUNTER
This bespoke counter comprises of a 1 three group cappuccino machine, 2 bean-grinders, Epos till which interconnects to the kitchen, 1 twin door under counter drinks display cabinet, 1 drinks blender, 1 under counter fridge, comprehensive storage and shelving or cutlery, crockery & glass-ware. There is much work top space for the preparation of drinks together with 3 retro design pendent light above the servery.

DINING AREA 2
6.92m x 5.34m
This area is also presented with feature wall paper, 2 low coffee tables with 8 tub chairs, 6 tables and 12 chairs, altogether 20 covers and newly fitted suspended ceiling with down lighting throughout.

OFFICE / STORE
2.44m x 1.79m
An ideal located room situated between dining areas 1 &2 and could be used for an office or as presently for storage purposes only.

INNER CORRIDOR
4.26m x 1.49m
This large area has an extensive storage counter together with work top space for presentation of cutlery, serviettes, high chairs and condiments.

CUSTOMER TOILET
A Uni-Sex & disabled compliant toilet with WC, wash hand basin and baby changing counter.

PREP KITCHEN
7.09m x 2.79m
A professionally equipped and presented kitchen ideal for simple preparation of café cuisine and benefitting from 1 true prep fridge, 3 4 slice toaster, 2 microwave ovens, 1 twin table top fryers, 1 twin panini electric griddle, 1 under counter fridge, 1 under counter freezer, 1 upright fridge, 2 upright freezer, 1 commercial dish washer, 1 free standing stainless steel sink and drainer, 1 4tier wire racking.

STORE
2.30m x 2.84m
A large covered and secure store and benefits from 2 x upright fridge/freezers and ideal for general storage and with both pedestrian & vehicular access to rear.

OUTSIDE
To the front the business has a pavement license for 4 x table and chairs and between the kitchen and rear store there is an open court yard which ideal for staff rest area or storage.

FIXTURES & FITTINGS
Trade fixtures, fittings, equipment, land and buildings, with exception of vendor’s private inventory, will be included in this leasehold sale. Full inventory to be provided at exchange of contracts with full stock inventory to be provided at completion

SERVICES
Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial

LICENCES
The property benefits from an on and off premises license. It is a requirement of the licensing act 2003 that all properties serving alcohol have a designated premises supervisor who must hold a personal license

BUSINESS RATES
Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

OPENING TIMES
Winter Opening, Mon- Sat, 08.00 -16.00, Sun 10-16.00
Summer Opening Mon- Sat, 08.00 -18.00, Sun 10-17.00

TENURE
Leasehold + SAV
Equity Partnership will be considered.
Listing Details
Leasehold Price: £85,000
Tenure: Leasehold
Location: Paignton, Devon
Sector: Cafes, Tea Rooms
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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SOLD OR WITHDRAWN FROM THE MARKET
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