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Leasehold:
£79,500

Cafe With Accommodation In Tiverton Premium Advert

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ReferenceHATTERS3543 / RightBiz
Status
FOR SALE
Advert ID196520
LocationTiverton, Devon
SectorCafes, Food And Drink, Restaurants
Leasehold Price£79,500
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A traditional café / light snack restaurant situated in the very heart of the all year busy market town of Tiverton, Devon. Benefitting from a 50 seater indoor restaurant together with a further 48 seater attractive enclosed alfresco garden dining area to rear. This successfully owner operated business has been established for many years together with spacious self-contained 3 bedroom accommodation above, a comprehensively equipped commercial kitchen and bespoke servery counter. Ideally situated with an entrance off the high street amongst many blue chip companies and taking full advantage of the very high footfall immediately outside. Enjoying a fine reputation by locals and visitors alike and operating daytime hours only. This retirement sale presents itself an opportunity and early viewings are highly recommended....

LOCATION
Situated in a prime town centre trading position in the very heart of the thriving all year-round market town of Tiverton, Devon. The entrance from Fore Street adjoins Boots the chemist on one side and an Estate Agent on the other. The property lies opposite Boots Opticians and can be accessed from Beck Square public car park at the rear. Tiverton is in the heart of Devon with nearby towns include Cullompton, which is 9 miles away and Crediton which is 15 miles. Tiverton is accessed via the junction of the North Devon link road A393. With ideal road links accessing the M5 motorway at junction 27 with a short drive to the cathedral city of Exeter with its International airport.

BUSINESS
This owner operated well establish business for last 25 years, with the benefit of an attractive sunny south facing tea garden to the rear. Operated with part time assistance day time hours only to suit our client lifestyle choice. Catering for a loyal regular all year-round clientele together with an ever-increasing tourism visiting Tiverton, taking advantage of being located adjacent to the museum / carpark to rear with entrance via the alfresco garden. However, we the agent believe that there is much scope to expand with longer opening hours and creating a unique beer type garden of an evening which would be unique to Tiverton. Actual trading figures will be made available following a formal viewing.

ACCOMMODATION
GROUND FLOOR
Approached from the main street.

LONG HALLWAY
Giving access to:

MAIN RESTAURANT
9.07m x 6.8m
With self-service counter, electric till, refrigerated cake display cabinet, freezer, glass washer, drainer, sunk unit, cappuccino/coffee machine etc. Wall lights and centre ceiling fans, part paneled walls, views over the rear garden and door to:

REAR GARDEN
The steps lead down to the main restaurant going out to a level graveled park, patio, and terraced area tea garden with seating for 48 customers. Beyond this is a pergola, with fence and gates that give access to main public short stay car park in the town-centre. With the benefit of one parking space for the owners.

STAIRS TO FIRST FLOOR LANDING

GENTS CLOAKROOM
With toilet, wash basin and extractor fan.

LADIES CLOAKROOM
With toilet, wash basin and extractor fan.

STAIRS TO PRIVATE ACCOMMODATION
Half landing leading to:

COMMERCIAL KITCHEN
5.18m x 2.92m

SECOND AREA
4.11m x 3.68m
This kitchen is comprehensively equipped subject to trade inventory.

OWNERS ACCOMMODATION

LARGE CENTRAL LANDING
With radiator and built in cupboard.

PRIVATE LOUNGE
6.65m x 2.51m
With radiator and feature fireplace.

INNER LANDING
With walk in cupboard.

BEDROOM ONE
6.65m x 2.51m
Currently used for a private office with radiator.

REAR LANDING

SHOWEROOM / WC
With corner shower unit, fitted Triton shower, upright towel rail, large vanity wash basin, tiled walls and laminated flooring.

PRIVATE SMALL KITCHEN
With deep clean sink unit, solid wood work surfaces, with fridge and dishwasher, tiled walls, eye level double oven and grill, electric hob and fan over. Full level concealed electric fan heater and under cupboard concealed lighting.

BEDROOM TWO
4.17m x 3.05m
With radiator and countryside views.

BEDROOM THREE
4.88m x 3.56m With radiator and countryside views.

OPENING TIMES
Mon – Thursday 09.30 – 15.00
Friday 09.00 – 15.00
Saturday 09.00 – 15.00
Sunday CLOSED

TENURE
LEASEHOLD
A 21-year lease, from 1998, which was extended further to the 7th October 2027. With a passing rental of £12,500 per annum, for the restaurant and accommodation.
Ingoing tenant to pay landlords reasonably incurred lease set/transfer fees

FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

SERVICES
Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

VIEWINGS
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 Email. info@warecommercial.com www.warecommercial.com


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.
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