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Attractive Day Time Cafe In South Molton For Sale

South Molton, Devon
Asking Price:
£29,995
Sales Revenue:
Available on request
Cash Flow:
Available on request

An attractive, recently decorated day time cafe in the quaint market town of South Molton that offers a wonderful lifestyle business opportunity and to become a part of the local community.

Key features:
- Attractive cafe in ideal location
- Emphasis on locally supplied goods
- Day time trading with opportunity to extend
- Ideal first lifestyle business
- Recently decorated & refreshed interior
- Loyal regular local trade
- 38 covers

Property Information

Property:

Leasehold

Lease Terms:

Although we have not formally reviewed the lease, we understand that the rent is £708 per month payable one month in advance; in addition, the purchaser will be expected to lodge a rent deposit.

There are currently just over 4 years remaining on the current lease.

Location:

A prime location in the market town of South Molton, the business is situated on the town’s main shopping street.

South Molton is a traditional market town with the Country Market hosting local businesses every Thursday & Saturday which attracts visitors from the surrounding areas. The town also hosts events such as antique, salvage and the Old English fayre etc.

The town is popular with locals and visitors and for the most part, is made up of independently run businesses. The town benefits from cheap all-day car parking that enables visitors to relax and enjoy the town.

Since 2011, the population has grown from circa 5,000 to the current level of circa 13,000.

Premises Details:

These are attractive Grade 2 listed premises that have been tastefully decorated and refreshed with rewiring having taken place. The cafe area can seat 38 people in a relaxing, welcoming environment and has been equipped with good quality equipment & fixtures. The kitchen is behind the main serving counter and hosts a range of catering equipment (oven recently renewed) and has a large area for food preparation. The cafe also has a clean and tidy customer toilet. There are customer toilets to the rear. A full list of included items will be supplied to seriously interested parties.

Size in square feet:
620

Business Operation

Reasons for selling:

Owners relocating out of the area.

Years established:
Although there has been a cafe in the location since 2010, the current owners have been there since 2018.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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