Renovated Café, Snack Bar, and Takeaway Business with Flat in Plymouth Devon for Sale
Plymouth, Devon
- Status
FOR SALE
- Advert ID
620271
- Leasehold: £40,000
- Rent: £12,000
- Turnover: £195,000 (£3,750 Per week)
- Net Profit: Not Applicable
Key Features
- Accounts Available
- Established Business
- Small Business
Business Details
POPULAR CAFÉ , SNACK BAR AND TAKEAWAY
This well established catering concern is located in a prominent main road corner trading position fronting Commercial Road in this old established residential and commercial area of Plymouth. The café is only 100m or so from QAB Marina and there is a variety of mixed residential and commercial developments in and around the Coxside area which have, in recent years, seen extensive redevelopment. This, combined with the recent refurbishment and modernisation of the café, has helped to ensure its continued popularity moving forward.
Plymouth, with a population of over 250,000 is the largest city in the West Country. Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards. The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail. Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.
The premises are corner terraced and appear to be of traditional construction with spar rendered and painted elevations, under a pitched slate roof together with some more modern flat roof extensions. In recent years the café, kitchen and preparation areas have been completely renovated and refurbished and this is complemented by a good-sized three bedroom flat to the upper floor. An early viewing appointment is strongly recommended to fully appreciate the quality, location and undoubted future trading potential of this well established catering concern.
- Popular café, snack bar and takeaway
- Central position close to marina and busy water’s edge area of Plymouth
- Extensively renovated and refurbished
- Attractive café with seating approx. 36
- Large well presented kitchen, preparation and utility areas
- Three bedroom owner’s flat
- Turnover approx. £195,000 per annum with healthy gross profit
- Well established and popular business
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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.
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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.
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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.'.
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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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