Deli Cafe Bar 16 The Strand, Exmouth, Devon, EX8

Leasehold Deli & Coffee Bar Located In Exmouth, Devon

External Seating For (24)

Turnkey Business - Licenced

Ref: 3172

Asking Price: £89,950

Location
Established Licensed Deli and Cafe located in The Strand Exmouth. The Strand has an array of shops, bars, restaurants and is an open space where locals and holiday makers can sit and watch the world go by! The Strand holds many events throughout the year, including Memorial Parades, Festivals, Craft Fairs, fundraising events, Christmas Tree Light switch on. A popular coastal town with Caravan Parks, Hotels, Bed and Breakfasts. Also, home to Exmouth Rugby Club and Exmouth Football Club. A stunning beach with 2 miles of sandy beaches and a world heritage Jurassic coastline. Exmouth is 12 miles from Exeter and accessible from the M5 Junction 30.

Business Description
Veritas Business Sales are delighted to offer for sale this popular leasehold licenced Deli/Cafe which is located the popular Devon town of Exmouth. The business has been established for over 10 years and has been in the careful hands of our client for the past 3 years. They are now offering the business for sale so due to their desire to relocate. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Deli On The Square is owner operated with the help of 3 part time members of staff and has an annual turnover of circa £85,000(The Deli/Café has previously traded with t/o of over £200,000 opening more days and hours, they now trade under the VAT threshold to suit their lifestyle. They have fresh Deli produce on display with a comprehensive menu, they serve locally sourced artisan coffee and organic teas along with pastries, freshly cut sandwiches, toasted sandwiches, homemade soups, daily specials, salads and freshly made scones & cakes. All fayre is freshly prepared on site to order using only the finest locally sourced produce. The café enjoys an external seating area with (24) covers which is extremely popular during summer months. We believe that there is further potential to increase trade by extending the current opening times and by opening in the evenings during the very busy summer months as well as opening on Sundays & Mondays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established café which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Summer
Tuesday - Saturday - 8:30 - 15:00
Sunday & Monday - closed
Winter
Tuesday - Saturday 10.00 - 14.00
Sunday & Monday Closed
(Closed 3 weeks at Christmas & 2 weeks at the beginning of February)

Leasehold
Original Term: 7 years
Remaining: 4 years
Rent: £1,250 pm
Reviewed: 3 yearly
Rates: zero

Ground Floor
Deli/Cafe (8.2m x 4.3m) comprising: 7 tables & chairs with covers for (24), upright drinks fridge, large chilled display counter, undercounter drinks fridge, ice machine (Polar), espresso coffee machine (Expo Bar), coffee grinder, various shelves, chiller (Infrico) and the usual kitchen utensils.Kitchen (3.m x 4.1m) comprising: sink with drainer, water heater, stainless steel shelving and cupboard, upright freezer (Polar), upright fridge (Polar), 3 door stainless chiller unit, 2 x air-fryers (Ninja), various stainless-steel shelves (Adexa), microwave (Buffalo), microwave (Morphy Richards), countertop oven (Adexa), electric hob, wash basin, wash bsin with stainless steel prep area, toaster (Breville) and stainless-steel prep table.Storage area (2.7m x 1.4m).Storage area (1.6m x 2.0m).Toilets Ladies & Mens with w/c and wash basin.


External
Frontage with 8 aluminium tables and chairs to cover (24).


EPC Rating D