Licensed Pizza and Pasta Restaurant in Moretonhampstead Devon with Coffee Shop Potential for Sale
Moretonhampstead, Devon
- Status
FOR SALE
- Advert ID
619792
- Reference
R36180N / Rightbiz
- Call Agent:
- Leasehold: £57,500
- Turnover: £196,414 (£3,777 Per week)
- Net Profit: Not Applicable
Business Details
LICENSED RESTAURANT
Attractive RESTAURANT, serving PIZZA & PASTA, scope variety of cuisine, also suit daytime COFFEE SHOP/CAFÉ, with viewing recommended to appreciate premises. Located in desirable DARTMOOR town, occupying MORETONHAMPSTEAD town centre trading position, known as 'The Gateway to the Moor'. Adjacent main shopping area and famous Square, bordering residential areas, the spectacular countryside associated with the moor a short distance away, attracting day trippers and holidaymakers.
Fabulous premises, the subject of considerable investment by the current owner, offering masses of character, creating a pleasant dining experience. Very deceptive, extending over 2 levels, providing ground floor 24 cover dining area, open plan kitchen complete with several workstations, wash up, and waitress areas. Additional lower ground floor 24 cover dining area with bar, cloakroom and storage, all at a favourable rent of less than £130 per week and enjoying 100% business rate relief.
Popular venue serving easily prepared affordable menu of Italian influence, alcohol licence held, sound reviews received, enjoying all year round trade, quite often fully booked, drawing customers from wide catchment area, includes holidaymakers staying in surrounding tourist accommodation, Proves very profitable, trades 6 evenings, Sales 2023 £196,414 ex Vat, Gross Profit £131,025, Net Profits in excess of £50,000, sole owner, opportunities to build on trade through daytime opening and/or additional menu lines.
Leasehold £57,500 sav, Ref: R/TR36180N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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