Restaurant for sale

Brookside Café & Restaurant, Station Road, Bovey Tracey, Devon, TQ13 9AW

£725,000

Property Description

Commercial information

  • Business for sale

Key features

  • Net sales £406,087
  • Trades day time only
  • Building only 15 years old
  • Open plan restaurant with 85 covers
  • Outdoor patio seating area, 80+ covers
  • 3 bedroom apartment. Energy Rating C

Full description

Tenure: Freehold

Description

Brookside Café & Restaurant is a substantial detached property, built just 15 years ago in the style of a Victorian Villa.

The property benefits from a spacious open plan trade area, modern catering facilities with further external trade space for alfresco dining. There is a plentiful private car park. In addition, the property includes a light and airy apartment.

Brookside Café and Restaurant represents a fantastic opportunity for a new owner to take over a thriving day time only restaurant & café in a popular small market town. The business prides itself on serving high quality food with great service, this can be seen by its 4.5 star rating on TripAdvisor.

The business offers potential to further develop the income, this could be done by extending the opening hours into the evening. Also, the current owners do not both work full time within the business, so there may be an opportunity to further increase profits with a more hands on owner operator partnership.

Further information can be found on the business website: www.brooksiderestaurant.co.uk

Location

Bovey Tracey is an attractive town nestling in the foothills of South East Dartmoor, six miles from Newton Abbot. The town is known as the gateway to Dartmoor, and is ideally located for exploring the southern edge of the national park. The town itself enjoys continuous year round trade with the added influx of tourism during the summer months, with the business itself enjoying a prominent location on the town’s main street.

Bovey Tracey can be easily accessed by the A38 from Exeter and the M5. The town is attractively placed in the River Bovey Valley which lies within 20 minutes of the South Devon coast with Exeter approximately 11 miles north west.

Internal Details

Open plan restaurant, seating for circa 85 with central counter servery.

Fully fitted commercial kitchen, walk in cold room, large store room and a boiler room.

Ladies, Gentleman's and disabled WCs. Additional staff WC.

Fixtures & Fittings

We are informed all trade fixtures and fittings are included in the sale, excluding a small number of personal items.

External Details

Lawned and patioed gardens located to the front and side of the property, seating for 80 + covers.

Tarmacked car park with space for c.18 cars.

Private lawned garden, incorporating a large storage shed.

Owner's Accommodation

Accessed via a private stairway from the rear of the property, the apartment includes a master en suite bedroom, two further double bedrooms, an open plan lounge diner, separate kitchen/ diner and family bathroom.

The current owners live off site, so choose to let out this apartment on an assured shorthold tenancy for £795 per calendar month.

Staff

The business operates with manager and assistant manager in place, plus a team of full and part time kitchen and front of house staff.

Trading Information

We are in receipt of Accounts for year end 31 December 2017, which show a net turnover of £406,087 and adjusted net profit of £84,603.

The apartment generates an additional £9,540 per annum, which is not included in the above figures.

Trading Hours

Open daily throughout the year from 9.30am (9.00am on Saturdays and Sundays) with breakfast served until 3.30pm (until 11am on Sundays).

Lunch is served from 11.30am to 3.30pm.

Sandwiches, baguettes and jacket potatoes are served until 4.30pm.

During the Winter months the businesses closes at 4pm.

Business Rates

Rateable value with effect from April 2017 £18,500.

Please note this is not the amount you pay.

Regulatory

Premises Licence.


More information from this agent

Nearest station

  • Newton Abbot (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Newton Abbot (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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