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The property comprises of a lock up unit of around 300 sq ft, now fully furnished and equipped as a kebab takeaway with an inner hallway leading to a staff cloakroom.
In addition stairs lead down to a large lower ground floor cellar area with two large storage rooms.
The premises are offered on the basis of a residue of a 999 year lease.
Having been under the ownership by our client since 1992 (the business originally opened in 1985 and is now being offered for sale due to the vendor relocating overseas) Ali’s Alcove is reputedly the longest running kebab shop in the town.
The business opens five days a week, opening hours on Wednesdays and Sundays are 5pm – midnight, Thursday and Friday 5pm – 3am and Saturday 5pm – 4am. The business closes on Mondays and Tuesdays.
The business is operated under the personal supervision of the proprietor with two full time staff and part-time staff if and when required.
The business operates as a busy takeaway with pizza delivery service.
We have been verbally advised the turnover is in the region of £70,000 per annum.
In a busy town centre trading position, located at the southern part of the High Street and at the beginning of Maiden Street (connecting the High Street to The Strand) therefore this property is in an ideal position for passing day time and night time trade.
Barnstaple is recognised as North Devon’s premiere commercial centre having a population of around 35,000 inhabitants, which is boosted during the summer months with an influx of tourists. In the near future the area will expand considerably with a host of new housing developments proposed including Seven Brethren Bank and more on the outskirts of town.
Therefore the population will increase significantly which will no doubt increase trade within the town centre.
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