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Attractive & Prominent Daytime Eatery For Sale

Teignmouth, Devon
Asking Price:
£30,000
Turnover:
Available on request
Net Profit:
Available on request

PerryLicious is a generously sized ground floor daytime eatery in the main pedestrianised street in central Teignmouth. The premises have a large picture window to the front of the building. The main trade area provides seating for 22 at wooden tables and high-backed chairs. The premises have commercial wood effect flooring through-out and a feature wall displaying a large photograph of Dartmoor. The eatery benefits from a secondary trade area providing seating for a further 10 at leather sofas and bucket seats with coffee tables. A specialism is homemade and occasion cakes. The eatery also offers a wide variety of gluten free and vegan choices.

Property information

Property:

Leasehold

Location:

Teignmouth has all the traditional attractions of a coastal holiday destination including the promenade, Victorian Pier with rides and amusements together with shops, cafes and restaurants. Teignmouth has a thriving local community which swells considerably during the summer months with tourists and visitors to the town boosting trade.

Teignmouth is well connected via the Shaldon Bridge to Shaldon on the South side of the River Teign and on to Torbay some 9 miles away. The market town of Newton Abbot is 6 miles to the West as is the A38 trunk road to Exeter. This in turn links to the M5 motorway which connects the South West to the rest of the country.

Premises Details:

The premises comprises:-

MAIN TRADE AREA
Service counter with roll topped work surface, storage areas under and solid wood wall mounted display unit. La Mazocco coffee machine and separate grinder, pro blend touch 95, under counter fridge and under counter freezer. Ice cream display fridge and double door under counter drinks fridge. Stainless steel wash hand basin, electronic cash register. Wall mounted blackboard menus. Leading through to

SECONDARY TRADE AREA
Combined with the large Teignmouth photograph, the room presents an attractive second seating area for customers.

CATERING KITCHEN
Good size with a range of catering equipment including, 2 under counter fridges, 2 under counter freezers, Magimix, 2 microwaves, Buffalo panini machine, 1 large and 1 small contact griddle, under counter oven and domestic extraction. Wash up area with commercial dish washer, stainless steel sink and drainer.

INTERNAL HALLWAY
With large upright freezer for Gluten Free products, under counter fridge and chest freezer.

LADIES & GENTS CLOAKROOM
WC and wash hand basin. Exit to rear lane and BIN STORAGE.

UNDERSTAIR STORAGE AREA
Upright fridge and chest freezer. Stairs leading up to

DRY STORE/FOOD PREPARATION AREA
Stainless steel wash hand basin, sink with drainer. Apollo electric oven, cake mixer, large and small chest freezers and racking for dry stores.

OUTSIDE
With pavement license providing Al Fresco seating.

GENERAL INFORMATION

RATEABLE VALUE
£12,750. This is not rates payable. For more information we advise you contact the local authority, Teignmouth Council on 01626 361101.

BUSINESS
Trading mostly daytimes PerryLicious opens Tuesday to Saturday, 8:30 to 4:30pm, Sunday 8:30 till 4pm. The business is run by the owner with the assistance of 2 members of permanent staff, 1 working full time, 1 working part time plus 2 weekend members of staff. Whilst the current business is shown to be a success, there is scope to increase turnover with increased trading hours to include evenings.

TENURE
The premises are held on a 7 Year lease from 2017 at a rent of £14,500 per annum. The tenant has internal and shop front repairing obligations plus a fair percentage of maintenance costs of the building as a whole.

LEGAL FEES
The ingoing tenant will be required to contribute towards the outgoing tenant’s legal costs.

INVENTORY
To include furnishings and equipment as per an inventory but to exclude owners personal effects.

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

SERVICES
The premises are connected to all mains drainage, water and electricity.

EPC RATING D

Energy Performance Rating:
D  View EPC Graph for this property

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