Business for Sale in TIVERTON, Devon LICENSED CAFE BAR/COFFEE SHOP

Key Information

Reference

TR35900N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Cafes

Accommodation

No

Business Information

Unique FLOATING CAFÉ BAR, forming part of major award-winning visitor attraction, located on the famous GRAND WESTERN CANAL, at the popular TIVERTON CANAL BASIN, forming part of the MID DEVON Country Park and Nature Reserve, benefiting from visitor centre, car/coach park and other activities. Proving a real destination, easily accessible, drawing trade from a wide catchment area, surrounded by popular residential areas, the town centre with all its amenities only a short drive away, the regional capital of EXETER quickly reached.

Comprising character traditional, approx 44 feet, 12 feet 6 inches 'wide beam’ canal barge, the subject of considerable investment over the years, fitted and presented to a high standard, complete with mains electricity, water, and drainage, commanding a substantial value. Configured to provide ice cream serving hatch, bar servery, kitchen, 30 cover dining area, & 8 cover alfresco balcony area. Benefits from adjacent allocated grassed alfresco area with picnic style table seating offering up to 64 covers with scope for more, plus an abundance of further canal side grassed sitting areas which customers can take advantage of, the initial mooring rent less than £20 per week.

Famous business, first time on open market, established and in same family hands some 35 years. Currently operated at a low level due to time constraints associated with other business interests, serves very easy snack themed menu together with hot and cold soft and alcoholic beverages plus cake and ice creams, the latter proving very popular. Typically, only trading 5 months each year, mainly 5 days each week, 4 – 5 hours each day, takings still approaching £50,000. Huge scope to increase and for which there is considerable demand, full alcohol licence held, being able to trade from 10.00am through to 11.30pm. Offers rare opportunity.

Freehold £199,500 sav Ref: TR35900N