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Licensed Tearoom/coffee Shop/café For Sale

Devon, UK
Asking Price:
£199,950
Turnover:
£410,871
Net Profit:
Undisclosed

Iconic coastal tearoom/coffee shop/café, occupying exceptional seafront/beachside trading position on the South Coast, representing rare once in a lifetime opportunity. Spectacular trading position offering stunning views adjacent the South West coastal path, proving a popular destination for day-trippers, beachgoers, and holidaymakers, being easily accessible, car parking, beach huts, holiday accommodation/hotels all close by along with other attractions and excellent amenities.

A detached landmark historic building, masses of character, the subject of considerable investment over the years, occupying a truly exceptional setting, enjoying some of the best sea views in the area, with no immediate direct competition. Comprehensively equipped commercial kitchen with valuable inventory, servery, waitress and wash-up areas, approx. 50 internal covers, additional 50+ alfresco covers, and cloakroom facilities. Held on rare and valuable 30 year renewable local authority Lease.

Famous destination business, solid all year round regular trade with substantial summer boost. Sales £410,871 ex VAT, Gross Profit £275,359, all from a 6 day week and easy daytime trading hours which could be increased considerably, with excellent staffing structure in place. Serves popular quality menu and benefits from alcohol licence stretching into the evenings offering further opportunities to build on the current levels of successful trade.

Leasehold £199,950 SAV

Property Information

Property:

Leasehold