Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Freehold Cafe Investment In Barnstaple For Sale

Barnstaple, Devon
Asking Price:
£65,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

We are instructed to sell the freehold of a lock up retail outlet subject to the existing lease; the cafe was recently opened and refurbished as a vegan café.

The property has the frontage of 15' facing onto Church Lane, with 4 seats outside and 22 seats inside, with a depth of 21'3" with a rear kitchen area of 4'x 5'3' and separate cloakroom to the rear. The shop will be comprehensively equipped subject to inventory.

The current tenant opened a vegan cafe in 2017. This business was a start-up and the tenant has a good following.
However the business only opens on an occasional basis and the tenant may consider a surrender of the lease. Thereby enabling an owner operator to acquire the property.

Alternatively the freehold lock-up is available as an investment with a good rental return.

Our clients the head Landlord are seeking to sell the freehold interest in the property at an asking price of £65,000 as an Investment with a lease having about 4 years remaining at a passing rental of £8,000 per annum.

AGENTS NOTE
The cafeteria is comprehensively equipped subject to trade inventory.

Property information

Property:

Freehold

Location:

Church Lane is one of the oldest streets in Barnstaple; it connects Church Walk and the High Street and has a cobbled walkway close to ancient town houses and the Parish Church with its leaning spire, church hall and church schoolhouse.

Nearby is the ever popular Butchers Row and the Pannier Market and all town centre amenities are within level walking distance. In the vicinity retailers include a comic book sales outlet, cafeterias, restaurants and the High Street is just a few yards away.

Barnstaple is North Devon's largest retail centre with a population in excess of 27,500 inhabitants, which is boosted during the summer months with an influx of tourists. It is the commercial hub of North Devon, serving the surrounding rural hinterland with a population in excess of 127,000.

Contact Information

  1. Optional
  2. Country

  1. Optional
  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.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Webbers Commercial. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here