Licensed Daytime Café in Moretonhampstead Devon with Growth Potential for Sale
Moretonhampstead, Devon
- Status
FOR SALE
- Date Submitted:
12/12/23
- Advert ID
603813
- Reference
TR35931N / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £143,642 (£2,762 Per week)
- Net Profit: Not Applicable
Business Details
LICENSED DAYTIME CAFÉ
Thriving DAYTIME CAFÉ, enjoying valuable DARTMOOR trading position, occupying prime MORETONHAMPSTEAD town centre trading position, known as 'The Gateway to the Moor'. Fronting the main pedestrian and vehicle thoroughfare of the town, highly visible, situated on the famous Square, next to the visitor information centre, surrounded by other popular businesses and residential areas, the spectacular countryside associated with the moor a short distance away.
Eye catching double fronted premises extending to the rear a considerable length, with the added benefit of a front covered alfresco dining area offering 12 covers which proves popular. Main 45 cover character dining area, substantial servery counter/coffee station/waitress areas, spacious commercial kitchen, separate ladies and gentlemen's cloakroom facilities. Enjoys favourable overheads and qualifying for 100% business rate relief.
A well-known long-established business, popular with local residents and visitors staying in the town and exploring the area to include walkers and in particular cyclists who frequent on a regular basis. Sales 2023 £143,642 ex Vat, with 10% - 15% increase forecast in respect of the current trading year, trading daytimes only, benefiting from alcohol licence, offering further opportunities for new owners.
Leasehold offers in the region of £39,995 sav, Ref: TR35931N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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