Business for sale

Business description

Location this business is located in devon.

We are informed the turnover averages £2,000 p.w. In our opinion offering tremendous potential for further increase in the right hands, especially with additional opening hours during the summer months and also with the introduction of the sale of soft ice cream and indeed milkshakes. We are further advised that the sales year ending april, 2007 showed £108,220 with a gross profit of £65,000 and a net profit of £46,750.

Price to include the secure lease, goodwill, fixtures & fittings £85,000 plus stock at valuation
substantial loan to an approved applicant

Features front area with space for 2 tables and 4 chairs (licensed - fee payable £170 p.a).

Canopy to - Attractive single fronted sandwich bar with ceramic tiled floor. 3 Tables plus 6 chairs. Cool display serveover counter with refrigerated storage section, bean 2 cup automatic coffee machine, panini toaster, 1 electronic cash register, jacket potato oven, small bake-off oven, soup kettle, single door upright glass fronted drinks display fridge (on loan), 2 fridge/freezers, 1 upright deep freeze etc.

Staff cloakroom with w.c. And wash hand basin

Storeroom with 1 chest deep freeze

The business is at present operated by the vendor with the assistance of 2 full time staff. It will also be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


Opening hours operated strictly on a 6 day week basis monday - saturday inclusive - 8 a.m. - 3 P.m.
No sunday trading

It will be appreciated upon inspection that especially during the summer months there is potential for additional opening hours.

Tenure we understand the premises are held on a secure renewable lease,the present lease expiring on the 13th april, 2012 at a rental of only £4,250 p.a. Exclusive of rates for the first 3 years, with rent to be agreed thereafter.

Uniform business rates: £826 p.a. Approx. (After small business relief)

Recommended for early inspection


Reference : R8590