Situated in one of the most sought-after trading locations in Devon, Lynmouth and its hilltop neighbour Lynton, are fast becoming one of the most visited destinations in the county!
The Coffee Mill, which is one of the most popular businesses in the area, commands an unrivalled position with its views over Lynmouth harbour and boasts a very flexible business model, which can be adapted to suit a new owner's preference.
The business, which has been in the same hands since 2014 has seen steady NET profits of around £100,000 and benefits from a beautifully positioned, 2-bed apartment above, which can be used by owners or by managers/staff - or rented out for addition income.
Trading figures for 2022 have remained very robust, with NET profits exceeding £100,000 once again. This continued high NET profit would provide a highly achievable return on investment in approx. 2 years.
• Our Ref: CD-40035
• Situated in the sought after coastal village of Lynmouth
• Fantastic views over Lynmouth Harbour
• Highly profitable business trading 8-months a year
• Recent annual NET profits in excess of £100,000
• 40 internal covers
• 120+ external covers
• 2-bed owners accommodation
• New 10 Year renewable lease at sale
• LH Price: £199,000
• Rent: £54,000per annum
