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A Very Popular Daytime Cafe In Moretonhampstead For Sale

Moretonhampstead, Devon, UK
Asking Price:
£85,000
Turnover:
Available on request
Net Profit:
Available on request

A centrally located ground floor lock up premises, fronting the square at Moretonhampstead. The Central Café has a recessed frontage, allowing alfresco, partially covered seating to the front. The café seats approximately 45/50 inside and has been tastefully decorated with the main servery situated to the left-hand side. There are customer WC’s to the rear of the property and a commercial kitchen. To the rear of the unit is a lock up garage used for storage.

Property Information

Property:

Leasehold

Location:

The Central Café is a popular place to stop for local cyclists and walkers with Moretonhampstead being an ideal place to break on a long Dartmoor ride or walk. Moretonhampstead has many annual attractions held throughout the year including; Moreton Carnival Week in August with a funfair, live music and a colourful procession through the town, Moreton Music Day held in mid-June, a legendary institution over twenty years old ‘An extravaganza of music of all genres’ and the colourful Flag Festival held in May every year. There are also many attractions located within close proximity of the café including the Miniature Pony Centre, Green Hill Arts Centre, Moretonhampstead solar heated outside Lido, Moretonhampstead Motor Museum - home to a collection of over 150 vintage and classic vehicles - and the Five Star Bovey Castle Hotel and Golf Course.

Premises Details:

The premises comprises:-

Glazed frontage with main door to:-

Main trading area
Arranged over the ground floor with seating to the front, side and rear of the premises. Chequered lino flooring with ceiling mounted suspended pendent lighting, various art work to the walls (for sale, by local artist) and book shelf to the left of the entrance. Large rustic wooden table on entrance with separate tables to the side with 2 booth seating areas immediately behind. To the rear of the ground floor is further seating at upholstered benches and corresponding tables. Commercial double fridge to the rear.

Severy
Timber topped and painted tongue and groove front, with espresso machine, coffee grinder, glass washer, 2 fridges, sink and drainer.

Steps up to:-

Rear corridoor
Leading to:-

Ladies & gents wc’s

Commercial kitchen
Fully equipped with main extraction, stainless steel wall cladding, non-slip flooring, double deep fat fryer, Lincat grill, panini grill, stainless steel work bench, 2 commercial microwaves, turbo fan oven, fridge freezer, sink and drainer and wash hand basin.

Outside
To the front of the premises is a covered recessed area, which makes for ideal sheltered alfresco drinking and eating. Currently arranged with 2 attractive planters and seating at outside tables for circa 14.

To the rear of the property is a lock up garage, currently used as storage.

General information

The business
The Central Café is a very well-known and well supported establishment, situated in the heart of Moretonhampstead.

The business trades 7 days a week operating from 9am-3pm daily, although this could be extended and the business has traded longer hours in the past. Whilst the café is particularly busy during the summer months with the influx of visitors to Dartmoor, the café trades very well all year round with a great deal of local customers and support particularly over the ‘off season’.

The Central Café is a popular place to stop for local cyclists and walkers with Moretonhampstead being an ideal place to break on a long Dartmoor ride or walk. Moretonhampstead has many annual attractions held throughout the year including; Moreton Carnival Week in August with a funfair, live music and a colourful procession through the town, Moreton Music Day held in mid-June, a legendary institution over twenty years old ‘An extravaganza of music of all genres’ and the colourful Flag Festival held in May every year. There are also many attractions located within close proximity of the café including the Miniature Pony Centre, Green Hill Arts Centre, Moretonhampstead solar heated outside Lido, Moretonhampstead Motor Museum - home to a collection of over 150 vintage and classic vehicles - and the Five Star Bovey Castle Hotel and Golf Course.

The business is operated by the owner together with 2 or 3 members of staff depending on the time of year. The café is well known for its varied menu and speciality breakfasts and coffees. The Central Café offers a range of all day and veggie breakfasts with paninis and toasties, sandwiches, cakes, soups etc with light bites for lunch and a range of coffees and teas to compliment. The café is also licensed, selling mainly beer and cider.

The business trades extremely well, with a strong turnover and a subsequently healthy net profit. This business could indeed be enhanced further with longer opening hours and possibly trading evenings too. There is never a shortage of passing visitors or locals in Moretonhampstead, making this an ideal location for a café throughout the year.

Further trading profit and loss accounts will be provided to bona fide interested parties, following a formal viewing through the Sole Selling Agents, Bettesworths.

TENURE
We understand that the property is held on the residue of a 7 year, protected lease on Internal Repairing & Insuring terms at a rent of £11,800 pa.

We have been informed that the landlord would be willing to grant a new 7 year lease to a new tenant, subject to approval.

Business rates
2017 List: £6,900. Please note this is not Rates Payable. 100% Small Business Rate Relief will be available for eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority.

Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owner’s personal effects.

Stock
Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.

EPC Awaited

Other Information

Related Documents:

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