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Cafe for sale

Union Street, Torquay, Devon, TQ2

Sold STC £29,999
38 sq. m.

Property Description

Commercial information

  • Business for sale
  • 409 sq ft (38 sq m)

Key features

  • REF: 13724 I
  • LEASEHOLD
  • CAFE

Full description

Tenure: Leasehold

BUSINESS
Superb café and sandwich bar business with both eat in and take out services.

Long established café. For sale, due to our clients wish to emigrate.

The business boasts a loyal local repeat customer base.

Freshly made to order baguettes, sandwiches, toasties, hot and cold drinks and snacks.

The business boasts a popular Facebook page, and well respected feedback on TripAdvisor.

With an existing premises licence and A5 consent, alternate use or cuisine change is a large possibility.

Plenty of scope to build on an already successful husband and wife team operation, along with the opportunity to extend opening times, and add a more significant online or web presence.

A strong possibility for adding local sandwich delivery rounds which could offer more growth to a new husband and wife team, partnership or first time buyer.

Low overheads, low rent, and zero business rates 2017/18.


LOCATION
Torquay Town Centre, Devon.
Part pedestrianised Brunswick Square Location.
Walking distance of major amenities and sea front.
Free on road parking, adjacent main car park.
Adjacent many other complimentary operators including a Post Office.
Vibrant, inviting signage and A-board advertising.
Popular English Riviera town, population circa 65,000.

PREMISES & EQUIPMENT
The premises is situated on a partial pedestrianised one way system with a vibrant and attractive frontage with nice kerb appeal.
There are a number of Al Fresco covers to the front, whilst inside offers a well-appointed, tastefully presented, and well maintained premises of circa 35sqm.
Briefly comprising: -
Central counter
Serve over glass fronted chill cabinet
Waitress and serving station beyond
Loose tables and dining furniture for circa 12 covers subject to desired layout.

There is a well-equipped mainly stainless steel trade kitchen and galley area with ancillaries and WC.
Equipment levels further comprise but not exhaustively: -
Exobar two group coffee machine
Coffee Grinder
Milk pergal
Under counter fridge
Samsung till
2x upright fridges
Under counter freezer
Upright freezer
Commercial microwave
Large griddle
Double fryer
Oven and hob
Bain Marie
Six slice toaster
Contact grill
Drinks fridge

TENURE
Held on a 10-year renewable lease.
Term with circa 4 years remaining as at 2017.
Subject to an annual rent of £3,952.

HOURS
Monday - Saturday: 09:00am - 14:00pm
Sunday: Closed

STAFF
Husband wife team operation.

FINANCIAL PROFILE
We are advised that the annual turnover averages £60,000 per year with a gross profit of 62%.
The operators benefit from a personal annual income of £22,000 combined.

EXTRA NOTES
Business Facebook page, over 300 followers.
Existing premises licence and A5 consent.
Low overheads, low rent, and zero business rates.
Modern, fresh premises.


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