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Traditional Cafe Restaurant And Takeaway For Sale

Devon, UK
Asking Price:
On request
Turnover:
£590,000
Net Profit:
£55,000

A unique opportunity to acquire an established restaurant and takeaway based in the South West of England. The company operates from a prime location in a South Devon coastal town that is popular with tourists.

The operations consist of a takeaway, offering hot and cold food and drinks, and a licensed café and restaurant with both indoor and outdoor seating.

The business has huge potential for growth.

The premises include onsite accommodation of two flats for use of the owners or staff, or for subletting.

The business is very well established, and has been operating for over 38 years.

Property Information

Property:

Leasehold

Living Accommodation:

Two well-presented flats on site for use by owners or staff, or for subletting.

The flats are accessed from a separate entrance.

The third floor flat is decorated to a very high standard, with two large double bedrooms, one of which is en-suite. This flat could be used as accommodation for the owners, as a holiday let, or as a short-term residential let.

The fourth floor flat has two double bedrooms and could be used as staff accommodation or as a short-term let.

Location:

The business is located in a coastal town in South Devon that is popular with holidaymakers. The business operates from a prime location in the town.

Premises Details:

The ground floor consists of a shop and takeaway, and a large, well-equipped kitchen.

Upstairs, there is a licensed restaurant seating 84 covers, and a separate dining area seating 30 covers. There is additional outside seating.

The upper floors consist of living accommodation.

There are three parking spaces, which could be used for staff and/or the living accommodation.

Business Operation

Reasons for selling:

The shareholders are seeking to retire from the business.

Years established:
38

Other Information

Related Documents:

Contact Thomas Westcott

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