Cafe for saleBallantynes Delicatessen Butchers Row, Barnstaple, EX31
Offers in Region of
- Business for sale
- Use class orders: A1 Shops and A3 Restaurants and Cafes
- Multi faceted business
- 5 Star Food Standard Rating
- Popular tourist destination
- Ideal husband & wife / partnership venture
- Triple fronted shop unit close to High Street
- Sold with new fit-out & inventory
Ballantynes is located towards the top of the busy retail thoroughfare known as Butchers Row, adjacent to the historic Pannier Market and close to the town's High Street.
THE PROPERTY AND CONSTRUCTION
Constructed around 1855, the Grade II Listed Butchers Row is a popular visitor destination and comprises a parade of food related lock-up retail shops including butchers, fishmongers and greengrocers. The property comprises 6 single shop units providing a triple fronted single unit of 58’ x 15’ (4.6m x 17.9m) with kitchen, deli and restaurant.
Being an assignment of the existing 7 year leases (dated September 2014 and October 2015) from North Devon Council, at a current rent of £16,575 per annum exclusive.
The premises are primarily staff run from a pool of 4 members of staff (1 full time and 3 part time) with the owner overseeing the operation. It is thought a husband and wife / partnership could reduce these staffing levels which currently meet our client's own personal needs. During the summer months, the business is operated 9.00 am - 4.00 pm Monday - Saturday with hours during the winter being until 3.00 pm. Our client completely refurbished and re-equipped the premises around 1 year ago, having built up an established current clientele. Accounts to 30th April 2015 show turnover of £167,313, providing an abridged net profit of near £50,000, subject to staff wages.
The owner is prepared to offer training as a handover period.
The premises are traded as a traditional cafe/delicatessen with emphasis on local produce. The menu is of a traditional nature offering a range of home produced pasties, sausage rolls etc along with ploughmans, salads and sandwiches. There is also a traditional breakfast menu. The deli offers cooked meats, salamis, olives, local cheese, pastries, chutneys, jams and clotted cream. As well as home-made fayre, there is a wide range of cooking ingredients, pastas, olive oils, spices, etc. Christmas is a very popular time of year with hampers, gifts and continental produce.
It is felt there is potential to expand the business with outside catering, takeaway and sandwich trade. The current opening hours are short and there is substantial early morning trade available from the market traders if the café were to be opened earlier in the morning.
Range of low level storage units and work top, non slip flooring, 2 chillers, assorted shelving displays, 2 chilled serve-overs, meat slicer, ground coffee machine, till, ice cream freezer, industrial style lighting.
KITCHEN / PREPARATION AREA
Non slip flooring, stainless steel extraction system, double stainless steel sink unit and hand basin, stainless steel work stations and splash-backs, 2 Blueseal turbofan ovens, fryer, Halcyon dishwasher, stainless steel freezer and fridge, under counter chiller.
Table and chair seating for around 34 covers, wood effect laminate flooring, display shelves, spotlighting.
Close couple WC and wall mounted basin.
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-54814118.html
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 2145. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Wright Property, Barnstaple. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.