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Highly Profitable Tea Rooms, Cafe & Restaurant with Takeaway in Desirable South Hams, Devon

Undisclosed, Devon

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/05/23

  • Advert ID

    513771

  • Reference

    2143 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £125,000
  • Rent: £26,000
  • Turnover: £521,386 (£10,027 Per week)
  • Net Profit: £100,040 (20% Profit margin)

Key Features

  • Free of Tie Leasehold
  • Split Level Trading Area
  • High Turnover
  • Attractive Business
  • Town Centre location
  • Fully Fitted
  • New Lease
  • Accounts Available
  • Retirement Sale
  • Established Business
  • With Car Park
  • Prime Location

Business Details

Extremely Profitable Tea Rooms, Cafe & Restaurant With Takeaway In Sought After South Hams Town

Licensed Restaurant, Tea Rooms and Takeaway, trading daytimes only and occupying a prime trading position in the heart of a busy and much sought-after South Hams estuary town. Impressive and extremely well-equipped business, with a substantial turnover and producing strong net profits in excess of £140,000 per annum. Retirement sale after 40 years ownership. Offering opportunities for both hands on owner operators or investors, with tremendous potential to develop all aspects of the trade further. Well presented characterful premises with Retail/Takeaway Shop, Restaurant and Tea Rooms (84) External Seating Area (24), extremely well-appointed Commercial Catering Kitchens with comprehensive Ancillary Facilities, Self Contained and extremely spacious 4/5 Double Bedroom Owner\'s Apartments with Lounge/Dining Room, 2 Kitchens, Bathroom and a Shower Room and offering potential for subdivision. Private Parking for 3 Vehicles. A viewing is essential to appreciate all aspects of this unique and exceptionally profitable catering business opportunity, with family sized accommodation.

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Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Extremely Profitable Tea Rooms, Cafe & Restaurant With Takeaway In Sought After South Hams Town - 2143 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.