Featured Brokers
CONFIDENTIAL SALE
FOR SALE
617053
We are delighted to offer for sale a busy market town cafe within a charming listed building, the café has been established for over 10 years and is popular with both locals and visitors alike- and has many loyal regulars. It is known for its friendly staff, good location and menu that uses many local products. The town, approx. 30 minutes drive from Exeter, is very busy in the summer- with the multiple events taking place over the period. Ideal for first time business buyers or family investors. The owners are only selling as they need to leave the local area due to family commitments. Earning potential from day one.
Key features:
* Prime Location
* Established Business
* Outdoor Seating
* Three-storey building
* Accommodation included on 2nd floor
* Private parking spaces
* Loyal customer base
Property Details: Leasehold
Asking Price: £85,500 (Leasehold)
Rent: £16,500pa (£1375 per month)
Turnover: approx. £110,000pa
Located on the busy highstreet of a
Historic market town.
Premises Details:
Grade II listed 3 storey building. The cafe currently seats 35 covers across the ground floor and first floor. The outside seating area seats 22 covers. The second floor includes accommodation in the form of a bedroom, office/lounge area, toilet and shower room.
All trade fixtures and fittings except for our vendor's private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion.
The freehold is available to purchase, please ask for details.
Size: Total approx 105m2
Lease Terms: Flexible lease terms of between 5 and 15 years with rent reviews every 3 years at a commencing rent of £16,500 per annum, exclusive of business rates(eligible for 100% small business relief).
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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