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Cafe for sale

Teignmouth

Under Offer £49,950

Property Description

Key features

  • Delightful Café Trading Successfully Throughout the Year
  • Completely Refurbished in 2015 to a High Standard
  • Al Fresco, South Facing, Seating for 20
  • Internal Seating for 28
  • Ideal Owner/Operator Business or First Time Venture

Full description

Teignmouth, situated on the South Devon coast with its classic crescent of Georgian buildings, is a real hidden gem. Both an historic port and classic seaside resort, Teignmouth has all the traditional attractions of a coastal holiday destination including the promenade, Victorian pier with rides and amusements together with shops, cafes and restaurants. Teignmouth has a thriving local community which swells considerably during the holiday season with tourists. The town is well connected via the Shaldon Bridge to Shaldon on the South side of the river and on to Torbay some 9 miles away. The market town of Newton Abbot is 6 miles to the West as is the A38 trunk road to Exeter. This in turn links to the M5 motorway which connects the South West to the rest of the country.


Yelland's Café is located in the popular 'Triangle' of Teignmouth alongside cafes, restaurants and a selection of national and independent retail outlets. The 'Triangle' is not only a popular place for tourists and locals to enjoy the local cuisine; it is also host to the monthly Farmers Market and to several music festivals throughout the year. Every September the town also celebrates its unique local produce with the Taste of the Teign Festival - a weeklong event with local restaurants and cafes featuring special menus, demonstrations by producers and a host of other events across the town. Yelland's is a delightful and flourishing café which has been trading for circa 2 years. The premises were completely refurbished and equipped with quality fixtures & fittings. The property is also south facing ensuring the café is bathed in sunshine throughout the day, the only café in the Triangle to benefit from this. For further information please visit www.yellands.com.


TENURE - LEASEHOLD 
We have been informed the premises are available via a new twelve year lease with three yearly rent reviews at a current rent of £12,000 pa + VAT. The lessee is responsible for the internal upkeep of the premises along with the shopfront.

INVENTORY 
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

STOCK 
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

EPC Awaiting 

DISHWASHER ROOM 
Electrolux dishwasher with rack over, purpose built stainless steel shelving, Insectocutor, Gram tall freezer and stainless steel wash hand basin.

LADIES, GENTS AND DISABLED CLOAKROOM 
WC, wash hand basin, electric hand dryer and baby changing unit.

STORAGE CUPBOARD 

EMERGENCY EXIT 
To rear court yard.

BIN STORAGE 
Accessed via a locked gate to the side of the premises.

GENERAL INFORMATION 

RATEABLE VALUE 
£9,300. Please note this is not rates payable. For further information we advise you contact the local Billing Authority, Teignbridge District Council, Tel. 01626 361101

BUSINESS 
Yellands Café trades successfully throughout the year. The operating hours are 9.30am to 4.30pm March through to October, closing at 3.30pm November to February. The café is currently run by 2 full time staff members with a few part timers for weekends and busier periods. The cafe has come to the market due to the owners having other business commitments which inhibit them from giving the café their full attention. The menu is easily prepared and consists of a range of breakfasts, panini's, sandwiches, and wraps, jacket potatoes and daily specials. The homemade scones and cakes are complimented by a range quality coffees, speciality teas and hot chocolates alongside a full range of cold refreshments.

BUSINESS CONTINUED 
Yelland's turnover for year ending November 2017 is £139,914 net of VAT, with strong net profits. Further accounting information will be made available to Bona Fide applicants following a formal viewing. This highly profitable business would ideally suit an owner operator; however the cafe would also lend itself to someone wishing to venture in to running their own business.

MAIN TRADE AREA 
Armstrong wood effect laminate flooring, modern ceiling and wall mounted spot lights. Seating for 28 at quality wood effect tables, modern plastic chairs and wall mounted bench seats (these lift up to provide useful storage space). Blizzards upright drink fridge, Marshfield ice cream fridge (on free loan) and wall mounted black board menu listing the daily specials. Bespoke Service Counter providing display area for cakes, muffins and a selection of homemade scones. Food preparation area with stainless steel wall cladding and domestic extraction system.

MAIN TRADE AREA CONTINUED 
BCG touch screen cash register, Interlevin under counter fridge, Soup Kettle, Roller double contact grill, Electric griddle and 4 slot toaster. Gram under counter fridge, Gram under counter freezer, Blizzard under counter fridge, Roller Jacket potato oven, Burco 10ltr hot water urn and Sharp commercial microwave. San Remo two group coffee machine, San Remo on demand coffee grinder (on loan from Voyager coffee), Milk Pergal fridge, under counter storage cupboards & drawers and stainless steel purpose built shelving unit for kitchen storage.

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