Business for Sale in SIDMOUTH, Devon CAFÉ/BAR

Key Information

Reference

TR35833N

Tenure

Leasehold

Status

Sold

Region

Devon

Sector

Cafes

Annual Sales

£160,000.00 Exc. VAT

Accommodation

No

Business Information

Attractive CAFÉ BAR, situated in the sought after EAST DEVON coastal town of SIDMOUTH, enjoying high profile trading position, being easily accessible, fronting main approach road to the town centre, in an area popular with other catering establishments, bordering residential areas, close visitor accommodation, with the seafront/esplanade and attractions only a short distance away.

Unique character premises, the subject of recent investment/refurbishment approaching £50,000, viewing recommended to appreciate the high standard. An imposing double fronted property, very versatile, provides reception lobby, stylish dining/bar area, provides 36 covers with additional 8 bar seats, comprehensively equipped bar servery, kitchen/preparation area, storeroom, customer cloakroom and staff cloakroom.

A popular developing business, suits daytime and/or evening trade, currently serving easy menu of ‘Grazing Boards’, with option to introduce other cuisine such as Tapas. Also offering a variety of beverages, being popular for cocktails in the evenings, licensed until 11.00pm. Gross Sales forecast in the region of £160,000, benefiting from favourable overheads, rent, rates, electricity & water being less than £250 per week. Proving popular with local residents with a visitor boost, undertaking some events which are well supported, and also benefiting from holding a live music licence.

Leasehold £29,000 sav or No Ingoing Premium Ref: TR/V35833N