Seize a Lifestyle Opportunity with a Cafe for Sale in Devon Seaside Village Centre
Woolacombe, Devon
- Status
FOR SALE
- Date Submitted:
11/03/24
- Advert ID
608014
- Leasehold: £56,000 (Stock at valuation)
- Rent: £7,600
- Turnover: £120,000 (£2,308 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Prime Location
- Retirement Sale
- Small Business
- Town Centre location
- Potential for Alternative Use
- Close to Local Amenities
- Trade Gardens Available
- Attractive Business
- Central Position in Affluent Village
- Fully Fitted
- Adjacent to Multiple Retailers
Business Details
DEVON SEASIDE VILLAGE CENTRE CAFÉ FOR SALE
FANTASTIC LIFESTYLE OPPORTUNITY!
DEVON SEASIDE VILLAGE CENTRE Café FOR SALE
THE SHEPHERD’S HUT Café
NORTH DEVON EX34 7BA
PRICE: OIRO £56,000 leasehold incl. F&F plus SAV
§ Seaside village centre Café.
§ Excellent lifestyle business.
§ Premier Coastal Village.
§ Husband & Wife operated.
§ Simple/traditional menu.
- Rateable Value: £7,200.
LOCATION
The property is located in the heart of North Devon's premier beach resort on Barton Road. The village itself has a sizeable resident population and all year-round trade with huge seasonal uplift during the summer and Christmas periods.
THE BUSINESS
Our clients have operated the business for 6 years. The sale represents a rare opportunity to acquire a long-established and thriving lifestyle business in a sought-after seaside village. Opening hours are 6 days a week (closed Tuesdays) from 8:00 a.m to 2:00 p.m. The café is run as a husband-and-wife team with an occasional part time Chef if required. The menu is un-complicated, serving traditional English breakfast fayre, sandwiches, and cream teas. Latest trading accounts show a turnover of c.£120,000 resulting in a net profit of c.£28,000 (with Operator’s salary included).
STAFFING
The business is operated on a full-time basis by the present owners, supported by one part time staff member when required.
TENURE
The premises are held on a renewable lease until 2031 at a passing rent £7,600 p.a.x.
DESCRIPTION
To the front elevation is a raised brick-paved terrace with picnic bench style alfresco seating for 18 covers with sun umbrellas and picturesque views.
The main dining area is presented in a fresh and contemporary style and benefits from picture windows with views, wood effect flooring throughout, tables with bench and chair seating for 28 covers, timber wainscotting, suspended ceiling, air conditioning unit and door to:
TOILET
With low level W.C and basin.
KITHCHEN
Counter with Sharp Till, bottle fridge, refrigerated serve over, 2 stainless steel workstations, stainless steel extraction, electric oven with 4 ring hob, flat plate griddle, Bain Marie, 2 pan fryer, stainless steel double bowl sink unit with wash off, Easyline dishwasher, Instanta hot water still, fridges, freezers, shelving etc.
A further major benefit is a car parking space to the rear of the building.
Map
What's Nearby
Listing Statistics
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Contact seller
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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