Licensed tearoom restaurant and bed & breakfast for sale in Bovey Tracey Devon
Bovey Tracey, Devon
- Status
FOR SALE
- Advert ID
644878
- Reference
TR036492N / Rightbiz
- Call Agent:
- Turnover: £84,178 (£1,619 per week)
- Profit: Not Applicable
Business Details
LICENSED TEAROOM RESTAURANT AND BED & BREAKFAST
Landmark daytime TEAROOM/RESTAURANT, BED & BREAKFAST with owners' accommodation, located at the GATEWAY TO DARTMOOR, occupying highly visible BOVEY TRACEY trading position at the entrance to the town. Easily accessible, close Information Centre, with popular famous visitor attractions and stunning scenery only a short drive ensuring an abundance of passing trade with a constant stream of visitors to the area, other popular towns and the City of EXETER quickly reached via the A38 Devon Expressway located a short distance away.
A large character 3 storey imposing property occupying a substantial site, the subject of investment over the years ensuring it is presented to a high standard with no major expenditure considered necessary. Configured to provide 2 inter-connecting ground floor dining areas, owners snug, kitchen, and utility room. Versatile accommodation comprising 3 spacious first floor en-suite letting rooms, and 2 large second floor owners' bedrooms each with own bathroom facilities providing option for additional letting rooms or utilising all room for owners' accommodation. Stunning grounds to include car park, double garage, and attractive gardens also utilised as a popular teagarden, viewing recommended, rent only £15,000 per annum.
Famous business, rarely changing hands, current owners 22 years, well known throughout the area, commanding strong following, excellent reviews, retirement sale. Currently operated on a lifestyle basis, trades 4 day week, daytimes only, serving popular homecooked menu lines, benefiting from alcohol licence, B & B not currently promoted, only offered to regular returning guests. Purposefully trading below the VAT threshold, Income 2024 £84,178, still ensures consistent profits and desirable lifestyle, rarely available, offers considerable further opportunities to new owners.
Leasehold £110,000 sav, Ref: TR/R/H36492N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.'.
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.
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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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