Commercial property for sale in Salcombe, Devon TQ8
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Property description
Immaculate delicatessen & sandwich bar, highly desirable salcombe, considered one of the most sought after coastal towns in south devon and the UK, enjoying a spectacular waterside setting. Occupying valuable town centre trading position, situated on main pedestrian/shopping and vehicle thoroughfare passing through the town, amidst other popular businesses, importantly opposite ferry landing steps boosting trading levels.
Superbly presented and equipped premises, maintained to an exceptionally high standard, no expenditure necessary. Provides stylish customer reception/retail area, servery counter, kitchen, storeroom and cloakroom with useful rear alleyway/access. New 15 year lease, favourable overheads, rent £235 per week, receives 100% business rate relief, rarely available premises.
Top performing very profitable business, sales having increased year on year, serves quality delicatessen lines and easily prepared food to go, enjoys both local regular trade and visitor trade. Sales 2023 £251,466 ex Vat, Gross Profit £115,988 (46%), adjusted Net Profits in excess of £70,000 to working owners, easily manageable, trading seasonally.
Leasehold £149,000 sav, Ref: Gd/SB34733N
For more information about this property, please contact
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.