Leisure/hospitality for sale in Colyton, Devon EX24

£79,999
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Leisure/hospitality for sale

Property description



Popular garden centre & cafe, attractive east devon town, relatively unopposed in the immediate area, proving a destination business, attracting customers from wide catchment area along with visitors to the area, in addition to enjoying regular trade from the surrounding residential community, the café proving particularly popular as a meeting place and continuing to grow.

Attractive well-presented and organised site, the subject of recent building investment in the region of £35,000 by the current owner. Main retail and café building with kitchen and office, additional garden supplies retail building, stores, customer cloakrooms, alfresco dining area, outside plant display areas, and car park. Enjoys favourable overheads, rent just over £150 per week, and receives 100% business rate relief.

An established 20+ year business, the subject of considerable development and improvement by the current owner, still offers further opportunities through additional retail lines to include Farm Shop food items, increased opening hours, obtaining of alcohol licence. Sales 2023 £236,078 ex Vat, split £126,629 ex Vat Garden Centre, and £109,449 ex Vat Café, combined Gross Profit £127,822, offers rare opportunity for new owners.

Leasehold £79,999 sav Ref: X/TR35420N

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Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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