Retail premises for sale in Sidmouth, Devon EX10

£110,000
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Retail premises for sale

Property description



Very popular coffee shop/café/tearoom, benefiting from alcohol licence, occupying valuable sidmouth town centre trading position. Fronting busy shopping thoroughfare of this desirable and sought after east devon coastal town, on route to the Market Place, Esplanade and beach. Enjoys corner sited trading position with most attractive aspect assisting with its popularity, surrounded by other businesses, and close residential areas.

Stylish premises, the subject of considerable investment by the owner over the years, benefiting from substantial eye catching glazed corner frontage. Provides 20 cover dining area, open plan servery/kitchen being comprehensively equipped with a host of new equipment to include La Marrzoco coffee machine commanding substantial replacement cost. Benefiting from favourable premises costs, rent £212 per week, and receiving 100% business rate relief.

A rarely available top performing business with strong following, not seasonal, excellent reputation, and sound reviews, trading daytimes, serving easily prepared menu. Sales 2023 £204,725 ex Vat, proves highly profitable, in particular if operated by a couple. Still offers further opportunities to new owners, currently only trading a 5 day week, also scope evening events/functions with music licence also held.

Leasehold £110,000 sav Ref: TR35592N

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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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