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Licensed Café Restaurant With Apartment And Gardens For Sale

Bovey Tracey, Devon, UK
Asking Price:
£565,000 Furniture / Fixtures included
Turnover:
£515,400
Net Profit:
Undisclosed

Well-established freehold licensed café and restaurant with over 20 years of ownership, strong annual turnover, extensive gardens, private parking and a three-bedroom apartment, ideally located at the gateway to Dartmoor National Park.

Brookside is a highly regarded year-round hospitality business occupying an attractive detached Victorian-style property. The business serves an extensive menu of breakfasts, lunches, homemade cakes, cream teas and light meals, while also catering for private evening functions by prior arrangement. Trading hours have been deliberately limited by the current owners, presenting an opportunity for a new owner to extend opening times if desired. Operated by an experienced management team, including a manager, assistant manager, head chef and front of house staff, the business provides an excellent opportunity for either owner-operators or investors.

Situated in the popular market town of Bovey Tracey, the business benefits from a prominent trading position close to Dartmoor National Park, attracting both local customers and visitors throughout the year. The property also generates additional rental income from the self-contained three-bedroom apartment, currently let on an Assured Shorthold Tenancy at £900 per calendar month.

The sale includes the fixtures, fittings and equipment required to continue trading, excluding the owners' personal effects. Wet and dry stock together with bar glassware will be purchased separately at valuation on completion.

Enquire today to secure this outstanding lifestyle and investment opportunity.

Property Information

Property:

Freehold

Living Accommodation:

Self-contained three-bedroom apartment currently let on an Assured Shorthold Tenancy at £900 per calendar month.

Location:

Located in the thriving market town of Bovey Tracey, known as the Gateway to Dartmoor National Park. Approximately 10 miles south-west of Exeter on the A382, the town attracts walkers, cyclists and visitors exploring Dartmoor and the surrounding South Devon countryside.

Premises Details:

Detached Victorian-style property constructed in 2002. Main trade area providing seating for approximately 85 customers with well-equipped bar and servery incorporating ExpoBar coffee machine, commercial fresh orange juicer, Lincat hot water boiler, under-counter drinks fridges, storage and EPOS till system. Ladies', gents' and disabled cloakrooms. Fully fitted commercial kitchen with extraction, heated pass, six-ring gas stove, deep fat fryers, griddle, panini machine, Salamander grill, Rational oven and microwaves. Wash-up area with commercial dishwasher, dry store with walk-in fridge, additional fridges and freezers. Attractive landscaped gardens providing seating for over 80 customers, private garden with storage shed and customer car park for 18 vehicles. Self-contained three-bedroom first-floor apartment with two double bedrooms, master ensuite bedroom, shower room, open-plan kitchen/diner and lounge/diner, currently let on an AST.

Energy Performance Rating:
C

Business Operation

Management type:
This business is employee owned (ESOP).
Expansion Potential:

Opportunity to extend opening hours beyond the current owner-operated trading pattern.

Trading hours:

Open 7 days a week.
9:30am-4:30pm.
Evening functions by prior arrangement.

Employees:
Manager, Assistant Manager, Head Chef, full-time and part-time front of house and kitchen staff.

Other Information

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