Business for Sale in England: Devon - SEAFRONT CAFÉ/COFFEE SHOP - Leasehold: £175,000

Key Information

Ref
TR33367N
Type
Catering Businesses: Cafes
Location
England: Devon
Tenure
Leasehold
Status
Sold
Annual Sales
£255,417 Ex Vat
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Unique SEAFRONT CAFÉ/COFFEE SHOP, spectacular setting overlooking NORTH DEVON coast within NATIONAL PARK, only a few metres from beach, close harbour of renowned tourist destination, adjacent major visitor attraction, short walk car park, ensures masses of foot fall. Exceptional contemporary premises, no expenditure required, spacious 50 cover dining area enjoying far reaching coastal views, substantial servery counter, professionally fitted and equipped commercial kitchen and storeroom, very valuable raised alfresco dining offering a further 50 covers, also benefiting from far reaching coastal views. Growing popular business, trading daytimes only, serving popular easy menu, benefits from alcohol licence, enjoying some lucrative function/private hire trade, sales increasing year on year, sales 2016 £232,090 ex Vat, projected sales 2017 £255,417 ex Vat, suit owner operators or can be staff run, still proves highly profitable, Net Profits in excess of £70,000, considerably more if owner operated, still scope additional opening hours/evening trade if desired, in particular during peak summer holiday months. Long 30 year Lease, exceptionally rare opportunity, Guide Price Leasehold £175,000 sav Ref: TR33367N

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