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Licensed Café Bar/Coffee Shop in Tiverton Devon - Unique Floating Business with High Demand

Tiverton, Devon
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  • Status

    FOR SALE

  • Date Submitted:

    08/04/24

  • Advert ID

    609417

  • Reference

    TR35900N / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £199,500
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

LICENSED CAFE BAR COFFEE SHOP



Unique FLOATING CAFÉ BAR, forming part of major award-winning visitor attraction, located on the famous GRAND WESTERN CANAL, at the popular TIVERTON CANAL BASIN, forming part of the MID DEVON Country Park and Nature Reserve, benefiting from visitor centre, car/coach park and other activities. Proving a real destination, easily accessible, drawing trade from a wide catchment area, surrounded by popular residential areas, the town centre with all its amenities only a short drive away, the regional capital of EXETER quickly reached.

Comprising character traditional, approx 44 feet, 12 feet 6 inches 'wide beam' canal barge, the subject of considerable investment over the years, fitted and presented to a high standard, complete with mains electricity, water, and drainage, commanding a substantial value. Configured to provide ice cream serving hatch, bar servery, kitchen, 30 cover dining area, & 8 cover alfresco balcony area. Benefits from adjacent allocated grassed alfresco area with picnic style table seating offering up to 64 covers with scope for more, plus an abundance of further canal side grassed sitting areas which customers can take advantage of, the initial mooring rent less than £20 per week.

Famous business, first time on open market, established and in same family hands some 35 years. Currently operated at a low level due to time constraints associated with other business interests, serves very easy snack themed menu together with hot and cold soft and alcoholic beverages plus cake and ice creams, the latter proving very popular. Typically, only trading 5 months each year, mainly 5 days each week, 4 – 5 hours each day, takings still approaching £50,000. Huge scope to increase and for which there is considerable demand, full alcohol licence held, being able to trade from 10.00am through to 11.30pm. Offers rare opportunity.

Freehold £199,500 sav Ref: TR35900N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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.

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.'.

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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 'LICENSED CAFE BAR COFFEE SHOP - TR35900N / 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.