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Efficient Sandwich Bar & Food To-Go Business in Tiverton Devon with Expansion Opportunities

Tiverton, Devon
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Easy To Run Devon Town Sandwich Bar & Food To Go Business With Low Overheads Photo 1
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Easy To Run Devon Town Sandwich Bar & Food To Go Business With Low OverheadsEasy To Run Devon Town Sandwich Bar & Food To Go Business With Low OverheadsEasy To Run Devon Town Sandwich Bar & Food To Go Business With Low OverheadsEasy To Run Devon Town Sandwich Bar & Food To Go Business With Low OverheadsEasy To Run Devon Town Sandwich Bar & Food To Go Business With Low OverheadsEasy To Run Devon Town Sandwich Bar & Food To Go Business With Low Overheads
  • Leasehold: £39,950
  • Rent: £10,320
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Free of Tie Leasehold
  • Attractive Business
  • Unique Business
  • New Lease
  • Prime Location
  • Fully Fitted
  • Adjacent to Multiple Retailers
  • Close to Local Amenities
  • Town Centre location

Business Details

Easy To Run Devon Town Sandwich Bar & Food To Go Business With Low Overheads

THE PROPERTY
Tasty's is a fully equipped lockup catering business which has recently been refurbished and equipped creating smart purpose equipped catering premises in a prominent town centre trading position. The business briefly comprises:- Main Customer Servery Area and Preparation Area on the ground floor and a Kitchen, Store Area and Staff Toilet on the lower ground floor. The business trades daytime only from 9am until 4pm Tuesday to Saturday and is closed on Sunday and Monday. The sale of Tasty's represents an opportunity to purchase a manageable catering business with easy hours, and low overheads and no experience is considered necessary. A viewing is essential to fully appreciate all that this well presented business has to offer and the opportunities which exist.

SITUATION
Tasty's occupies a prime town centre trading position in the very heart of the thriving and vibrant market town of Tiverton in Devon. Tiverton is an historic Mid Devon market town with a resident population of over 20,000 people and the town offers a good range of shopping, recreational and educational amenities with a complementary mixture of independent businesses and national retailers. Located in the beautiful Exe Valley, the town serves an active resident population, as well as the smaller outlying communities. Tiverton offers excellent transport links with a main rail link to London and easy access to the M5 motorway (5 miles), and the Cathedral City of Exeter (14 miles) with its international airport.

INTERNAL DETAILS
Ground Floor
A glass fronted lockup shop unit with glazed entrance door into the Main Customer Servery Area with wood effect flooring, shelved drinks display fridge, feature lighting, wall mounted menu boards. Customer Servery & Food Preparation Area with glass fronted serve over refrigerated display counter with chilled storage compartments, customer servery counter with storage shelving below and electronic cash register. To the rear of the customer servery is the food preparation area with wood effect flooring, part tiled walls, perimeter worksurfaces cupboards below, stainless steel workbenches with shelving below, stainless steel sink, under counter fridge, under counter freezer, double pizza oven, contact grill, induction hob, 4 door under counter commercial fridge unit, commercial microwave oven, panini press, stainless steel shelving and commercial coffee machine (on lease).

Lower Ground Floor 
Steps from the rear of the customer servery area lead down to Store Area with upright fridge/freezer and an upright freezer. Staff WC. Kitchen with tiled flooring, fully tiled walls, fitted with a range of base and cupboards and storage and perimeter worksurfaces, built in gas hob and electric double oven, extractor fan, stainless steel sink unit, shelving, tabletop deep fat fryer, SMEG commercial oven, and a commercial glass washer.

THE BUSINESS
Tasty's trades as a sandwich and food to go business occupying eye catching town centre premises. The business serves a popular easy to prepare menu comprising sandwiches, baguettes, rolls, toasties, sausage rolls, pasties, Buddha bowls, jacket potatoes and speciality gyros, together with a selection of hot and cold drinks, crisps and homemade cakes. The business benefits from a 5 star food hygiene rating. Our client is prepared to offer a full handover and training to interested parties, should they require it.

OPENING HOURS
The business trades on deliberately restricted opening hours of 9am until 4pm Tuesday to Saturday. Closed Sunday and Monday.

CURRENT STAFFING
Run by our client with no staff employed.

POTENTIAL
The sale of Tasty's represents a perfect opportunity to purchase an easy to run daytime only catering business which is well presented and offers tremendous potential for new owners to develop all aspects of the trade still further. Undoubtedly, there is potential for incoming operators to extend the opening hours and to extend the menu range and availability. There is also the potential for new owners to develop their own style of trade to suit their own personal requirements, with opportunities to undertake deliveries and outside catering, for which demand exists. New owners will benefit from being able to move in without the need for any major expenditure on the premises. Any early appointment to view is highly recommended to full appreciate all that this quality and easy to run catering business has to offer.

EPC
Requested and to be confirmed.

RATING
We are advised that the business rates payable are currently nil after 100% business rates relief. For up-to-date Business Rates information, we refer you to The Valuation Office website  
All mains services are connected.

PRICE & TENURE
£39,950  for the valuable leasehold interest as a going concern business and full trade inventory.  Stock to be additional at valuation. The premises are held on an internal repairing and insuring lease (to include the shop front), on the remainder of a 3 year lease, which commenced in May 2024. The rent payable is £10,320 per annum (£860 per month), payable monthly in advance. We understand that the landlord would be prepared to offer incoming tenants a new 3 year lease, if required.

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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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