Prime Location Licensed Coffee Shop/Cafe/Tearoom for Sale in Sidmouth, Devon
Sidmouth, Devon
- Status
FOR SALE
- Date Submitted:
29/01/24
- Advert ID
605904
- Reference
TR35592N / Rightbiz
- Call Agent:
- Leasehold: £110,000
- Turnover: £204,725 (£3,937 Per week)
- Net Profit: Not Applicable
Business Details
LICENSED COFFEE SHOP CAFÉ TEAROOM
Very popular COFFEE SHOP/CAFÉ/TEAROOM, benefiting from alcohol licence, occupying valuable SIDMOUTH town centre trading position. Fronting busy shopping thoroughfare of this desirable and sought after EAST DEVON coastal town, on route to the Market Place, Esplanade and beach. Enjoys corner sited trading position with most attractive aspect assisting with its popularity, surrounded by other businesses, and close residential areas.
Stylish premises, the subject of considerable investment by the owner over the years, benefiting from substantial eye catching glazed corner frontage. Provides 20 cover dining area, open plan servery/kitchen being comprehensively equipped with a host of new equipment to include La Marrzoco coffee machine commanding substantial replacement cost. Benefiting from favourable premises costs, rent £212 per week, and receiving 100% business rate relief.
A rarely available top performing business with strong following, not seasonal, excellent reputation, and sound reviews, trading daytimes, serving easily prepared menu. Sales 2023 £204,725 ex Vat, proves highly profitable, in particular if operated by a couple. Still offers further opportunities to new owners, currently only trading a 5 day week, also scope evening events/functions with music licence also held.
Leasehold £110,000 sav Ref: TR35592N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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