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Licensed Restaurant Takeaway In Tavistock Town Centre For Sale

Tavistock, Devon, UK
Asking Price:
£20,000
Turnover:
Undisclosed
Net Profit:
On request

Well-established fully licensed daytime restaurant and takeaway occupying a prime trading position in the centre of Tavistock, Devon. Karen’s Restaurant enjoys an excellent local reputation and has built a loyal customer base over many successful years of trading.

The business currently operates as a daytime restaurant with approximately 40 covers across indoor and outdoor seating areas, generating weekly takings of around £4,000 to £5,000. The premises are presented in tip-top order throughout and are fully equipped for continued operation.

There is substantial scope to increase turnover through evening openings, expanded food and drinks service, takeaway growth, themed events, and online delivery platforms. This is an excellent opportunity for experienced operators, couples, or family buyers seeking a profitable hospitality business with genuine growth potential.

The premises are offered with a new 10-year lease and current rent of approximately £18,000 per annum. The business is only being offered for sale due to ill health and is priced for a quick sale at a drastically reduced asking price.

The owner is willing to assist to ensure a smooth transition for incoming buyers.

Early viewing is highly recommended.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New 10-year lease available

Leasehold Rent:

£18,000 per annum

Location:

Prime town centre trading position in Tavistock, Devon.

Premises Details:

Fully licensed restaurant and takeaway premises with approximately 40 covers inside and outside. Well presented and fully equipped throughout.

Business Operation

Expansion Potential:

Excellent potential for evening trading, expanded alcohol sales, takeaway growth, delivery services, and increased opening hours.

Competition / Market:

Benefits from strong reputation, loyal repeat trade, and busy town centre footfall.

Reasons for selling:

Ill health and retirement.

Trading hours:

Currently daytime trading only.

Employees:
Owner operated.

Other Information

Support & training:

Owner willing to assist with handover to ensure a smooth transition.