Business for Sale in CHULMLEIGH, Devon DELICATESSEN & TEA ROOM/COFFEE SHOP

Key Information

Reference

TR36121N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Delicatessens

Accommodation

Yes

Business Information

Attractive DELICATESSEN & TEA ROOM/COFFEE SHOP, plus HOME WITH AN INCOME, centrally positioned in the historic town of CHULMLEIGH, situated on the MID/NORTH DEVON border, approx. 20 miles EXETER, surrounded by beautiful countryside. Substantial imposing corner sited property, probably occupying one of the best trading positions in the town, nestled amongst other popular businesses, surrounded by residential areas, benefiting from free unrestricted on street car parking ensuring easy access.

Deceptive character 3 storey property provides main ground floor retail area and tearoom with scope for 20 covers, kitchen and cloakroom. Adjoining lock-up shop, can be rented out to provide additional income, alternatively could be incorporated into business to provide additional covers/increased retail area. Spacious self-contained 3 bedroom maisonette extending over 1st and 2nd floors, additional self-contained 1 bedroom apartment suit family member or can be rented out long term or short term holiday let to provide even more income, rear yard area and storage building.

Well known established business, under current ownership since 2010, retailing popular delicatessen lines, benefitting from alcohol licence, serving easily prepared menu to eat in or takeaway, enjoying a strong following from residential community and those working in the area with visitor boost. Operated on a lifestyle basis, trading 3 full days and 2 half days amounting to 29.5 hours opening each week, takings maintained below the VAT threshold, considerable scope to develop further.

Freehold £425,000 sav Ref: TR/GD36121N