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Busy Licensed Cafe Which Has A Beautiful Garden For Sale

Devon, UK
Asking Price:
£40,000
Turnover:
£175,000
Net Profit:
Available on request

• Busy Licensed Café which has a beautiful garden
• Three bedroom owners apartment
• Situated in a sought-after Mid Devon town
• Well-presented throughout
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• Valuable inventory of quality fixtures & fittings
• Plenty of customer car parking near by
• Recently refurbished
• Fantastic change of lifestyle opportunity
• Sensible trading hours over 5 days
• Locally sourced produce used wherever possible

Falcon Commercial is delighted to offer for sale this extremely well-presented licensed Café and evening Bistro that benefits from a three-bedroom owner’s apartment and is located in the delightful county of Devon. The business occupies a highly visible prime trading position in a sought-after trading town. It has been under the proud ownership of our client since 2020 during which time they have made considerable investment and improvements to the premises. This fantastic opportunity is now reluctantly being placed on the market as the owners are relocating out of the area

During our client’s stewardship, the easily run business has built up an excellent reputation for its welcoming friendly atmosphere, great service, fantastic coffee and superb food, all of which is locally sourced and made on the premises wherever possible.

This thriving business is mainly operated as a daytime Coffee Shop and Café that transforms into a Bistro on a Friday evening.

The cafe is run by our client with help from a dedicated team of full and part-time staff. It generates an excellent turnover which is in the region of £175,000 per year with healthy gross profit margins.

There is ample scope for continued growth, not least with regard to the possible expansion of events such as the extremely popular Mother’s day brunch. There is also tremendous potential to increase turnover by possibly running a modest marketing campaign or extending the opening hours or opening more evenings as a Bistro.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

Property Information

Property:

Leasehold

Lease Terms:

• We are advised that the business comes with the benefit of a secure lease which was originally for 7 years and has 5 years remaining. The current rent payable is £1,041.67 per month

Lease Rent:
£12,500 per sq ft per annum
Living Accommodation:

Ground Floor
• Main café area which is open plan and has approximately 40 covers.

First Floor
• Commercial catering kitchen
• Wash up room

Location:

The premises benefit from a fantastic and highly visible trading position on a busy high street in a sought-after Devon market town.

Premises Details:

Ground Floor
• Main café area which is open plan and has approximately 40 covers.

First Floor
• Commercial catering kitchen
• Wash up room

Business Operation

Trading hours:

• Monday Closed
• Tuesday 9.30am – 4.00pm
• Wednesday 9.30am – 4.00pm
• Thursday 9.30am – 4.00pm
• Friday 9.30am – 11.00pm
• Saturday 9.30am – 5.00pm
• Closed