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Stunning Refurbished Waterside Cafe In Totnes For Sale

Totnes, Devon, UK
Asking Price:
On request Furniture / Fixtures included
Turnover:
On request
Net Profit:
Undisclosed

Thriving year-round waterside cafe and takeaway in Totnes, Devon, extensively refurbished and re-equipped over the last 18 months, with projected turnover for the year ending April 2027 stated to be in the region of £1 million including VAT.

Occupying an enviable position beside the River Dart, the cafe serves breakfasts, lunches, brunch, afternoon teas, pizzas, snacks, desserts, ice cream, specialist coffees, teas, beers and wines, alongside a popular takeaway operation. Recent investment in the premises and equipment is stated to have significantly boosted revenue and bottom-line profit.

The business attracts a strong mix of locals, regular customers, tourists and day-trippers. Approximately 54 internal covers are complemented by a substantial south-facing outside trading area seating approximately 130 customers. Footfall is supported by nearby river boat trips, public car and coach parking, seasonal events and a nearby caravan park. The cafe is also family-friendly, dog-friendly and wheelchair accessible.

Trading seven days a week throughout the year, the business is run by the owner operator with full-time, part-time and casual staff according to seasonal requirements. The lease also provides protected exclusivity for trading on council-owned land at and adjoining the quay.

The sale includes the furnishings and equipment detailed in the inventory to be supplied, excluding the owners’ personal effects. Wet and dry stock in trade will be taken over by the purchaser at valuation on completion

With its waterside setting, substantial customer capacity, extensive recent refurbishment and established local and visitor trade, this is a distinctive leasehold cafe opportunity in a popular South Devon destination. Further P&L information is available to bona fide interested parties following a formal viewing. Enquiries are invited for further information.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New 6-year Internal Repairing and Insuring lease with Security of Tenure, effective from 2025. Current rent is £13,500 per annum, with rent reviews in years 3 and 6. The lease provides protected exclusivity for trading on council-owned land at and adjoining the quay.

Leasehold Rent:

£13,500 per annum

Location:

Prominent waterside position in the thriving market town of Totnes, Devon, overlooking the River Dart. The location attracts local residents, tourists, day-trippers and passengers using nearby river boat services. Adjacent public car and coach parking further supports footfall, while a nearby caravan park provides an additional source of customers throughout the year. Totnes offers rail connections towards Exeter and Plymouth and good access to the wider South Devon area.

Premises Details:

Attractive detached, single-storey chalet-style premises with a substantial open-plan trading area, vaulted ceiling and approximately 54 internal covers. Facilities include a bespoke cafe servery with integrated chillers, fully equipped commercial kitchen and separate ice cream and takeaway servery.

A significant south-facing outside trading area within the lease accommodates approximately 130 customers, including sheltered seating beneath the veranda. A children's play area operated by the Council is located alongside the outside seating area. Public car and coach parking and public conveniences are adjacent to the cafe. The property is connected to mains gas, electricity and water and benefits from fixed heating.

Energy Performance Rating:
E

Business Operation

Management type:
This business is owner operated.
Competition / Market:

The cafe is described as a thriving, unopposed business, benefiting from protected exclusivity for trading on council-owned land at and adjoining the quay.

Trading hours:

Open all year round and currently trading from 8:30am to 5:00pm, seven days a week.

Employees:
Owner operator supported by full-time, part-time and casual staff, with staffing numbers varying according to the season.

Other Information

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