Business for Sale in EXETER, DEVON - COFFEE SHOP/CAFÉ - Leasehold: £49,995

Key Information

Ref
TR34065N
Type
Food Service Businesses: Coffee Shops
Location
England: Devon
Tenure
Leasehold
Status
Sold
Annual Sales
£81,852 Ex Vat
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Waterside COFFEE SHOP/CAFÉ, attractive EXETER QUAYSIDE setting, overlooking the River Exe, fronting busy pedestrian thoroughfare, benefiting from being corner sited, adjacent one of the main pedestrian bridges crossing the river, popular residential apartments and housing close by. Part of modern purpose built development, spacious premises with substantial frontage, totally refitted with brand new equipment in recent years, sofa, bar and traditional seating providing 30 covers with scope to increase, large comprehensively equipped servery counter, kitchen/wash-up room and cloakroom. Outside the premises benefit from private owners car parking space and alfresco customer dining facilities providing a further 10 covers, also holds alcohol licence but not currently utilised. Popular business serving easily prepared menu to eat in or takeaway – sandwiches, toasties, Paninis, cakes, ice creams, hot and cold beverages, enjoys regular local trade together with boost from visitors to the quay. Currently trading at a level to suit lifestyle of owners, opening easy hours, operated by a couple, Sales approx. £80,000, excellent Gross Profit margin in excess of 70%, considerable scope to develop menu and increase opening hours. Leasehold £49,995 sav Ref: TR34065N

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