Iconic Exeter Bar and Restaurant for Sale in Devon's Vibrant Retail Area
Exeter, Devon
- Status
WITHDRAWN
- Advert ID
643442
- Reference
CD-10268 / Rightbiz
- Call Agent:
- Leasehold: £130,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Iconic Central Exeter Bar & Restaurant For Sale in Exeter
Coolings, one of Exeter most iconic venues is located on the popular pedestrianised Gandy Street in Exeter, surrounded by many complimentary traders and just a very short walk from the centre. The business is located on the ‘circuit’ and attracts much of its trade by repeat business, having been a staple diet of Exeter nightlife scene for many years. Which two levels and high visibility frontage, the business attracts an eclectic mix of customer base, with a more contemporary bar feel on the ground floor to a classy cocktail bar / lounge on the lower ground.Exeter, the historic capital of Devon, is renowned for its mild climate, stunning natural beauty, and rich heritage. Often referred to as 'the City in the Country' due to its seamless blend of urban life and surrounding countryside, Exeter boasts a unique mix of ancient landmarks—such as its Roman walls and the iconic Norman cathedral—alongside modern developments. The city has a growing population of approximately 130,000, including over 30,000
students at the University of Exeter. Well-connected, Exeter benefits from excellent transport links, with easy access via Junctions 29, 30, and 31 of the M5 motorway, direct rail services to London Paddington, and Exeter Airport offering both domestic and international flights. The business is ideally situated near the city centre, just a short distance from the university, ensuring a steady flow of visitors and a vibrant local customer base.
Our Reference: CD-10268
Positioned on the main circuit in a pedestrianised area
Many complementary traders close by
Open plan ground floor bar & Lower ground cocktail bar
Well-equipped commercial kitchen and ancillary areas
Largely Wet-led, potential for greater daytime / dry trade
C. Net Business turnover £750,000, with excellent ANP
Valuable free-of-tie lease, with private landlord
Excellent local and regional reputation
Much recent investment
Owner operated – GM in place
• LH Price: £130,000
• Rent: ?38,000per annum
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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
Get Solicitor
