Retail premises for sale in Sidmouth, Devon EX10
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Property description
Renowned coffee shop/café/cakery with strong developing brand which is considered most valuable. Occupying sought after trading position within sidmouth town centre, the jewel of the east devon coast, fronting a busy pedestrian thoroughfare, a short walk to the beach/esplanade, surrounded by other popular businesses and attractions, close hotels, and desirable residential areas.
Unique imposing premises, deceptively large and versatile, extending over 3 floors, the subject of recent investment, and benefiting from favourable overheads. Configured to provide ground floor servery/takeaway counter, customer dining area, commercial kitchen/baking area, storeroom, and cloakroom. Spacious 3 double bedroom accommodation extending over 2 floors above, includes kitchen/diner, sitting room, bathroom, utility room/store, and ample storage.
A popular business which continues to grow and offers considerable further opportunities, serving an easy menu to eat in and takeaway, famous for its brownies, which can be bought online, and prove popular gifts, an area of the business lending itself to further development. Sales 2022/23 £205,079 ex Vat, forecast Sales 2023/24 £343,600 ex Vat, excellent 70% Gross Profit reflecting niche menu lines.
Leasehold £175,000 sav Ref: Tr/K35935N
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)
Disclaimer
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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