Property Information
Address:
England: Devon
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Leisure, Restaurant, Shop, Cafe, Businesses For Sale,
Property Ref/Movehut: MH598367
Property Ref/Agent: 6435
*Please use the agent ref when calling the agent directly.
Property description
Themed BISTRO, suit all types of cuisine, daytime and/or evening trade, sought after TORQUAY coastal suburb, situated within desirable ST MARYCHURCH, borders popular shopping thoroughfare and residential housing, close attractions and coastal views, easily accessible, attracts trade from wide catchment area. Quite unique rarely available premises, comprises eye catching corner sited property with a number of entrances, most versatile, extending over 2 floors, must be viewed to be appreciated. Provides superb character lower ground floor 22 cover bistro/bar area with cellar, main ground floor 24 cover dining area also with bar servery and waitress area, spacious immaculate well equipped commercial kitchen, customer cloakrooms. Very long established business, same owners in excess of 25 years who are now looking to retire, currently operated at low level to suit lifestyle, only the ground floor of the premises utilised, only trades 2 evenings each week, strong following, always fully booked many weeks in advance, serving popular menu. Sales 2016 £50,258, Gross Profit £30,453, minimal overheads, ensures continued profitability, additional ‘Ground Rents’ received from flats above, future lump sum income also anticipated from ‘Lease Renewals’ in respect of flats above. Freehold £179,950 sav (includes valuable collection of original tin signs with estimated value in region of £12,000) Ref: R33790N
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