£57,500
Restaurant for saleMoretonhampstead, Devon TQ13
Business
Leasehold
About this property
Attractive restaurant, serving pizza & pasta, scope variety of cuisine, also suit daytime coffee shop/café, with viewing recommended to appreciate premises. Located in desirable dartmoor town, occupying moretonhampstead town centre trading position, known as ‘The Gateway to the Moor’. Adjacent main shopping area and famous Square, bordering residential areas, the spectacular countryside associated with the moor a short distance away, attracting day trippers and holidaymakers.
Fabulous premises, the subject of considerable investment by the current owner, offering masses of character, creating a pleasant dining experience. Very deceptive, extending over 2 levels, providing ground floor 24 cover dining area, open plan kitchen complete with several workstations, wash up, and waitress areas. Additional lower ground floor 24 cover dining area with bar, cloakroom and storage, all at a favourable rent of less than £130 per week and enjoying 100% business rate relief.
Popular venue serving easily prepared affordable menu of Italian influence, alcohol licence held, sound reviews received, enjoying all year round trade, quite often fully booked, drawing customers from wide catchment area, includes holidaymakers staying in surrounding tourist accommodation, Proves very profitable, trades 6 evenings, Sales 2023 £196,414 ex Vat, Gross Profit £131,025, Net Profits in excess of £50,000, sole owner, opportunities to build on trade through daytime opening and/or additional menu lines.
Leasehold £57,500 sav, Ref: R/TR36180N
Fabulous premises, the subject of considerable investment by the current owner, offering masses of character, creating a pleasant dining experience. Very deceptive, extending over 2 levels, providing ground floor 24 cover dining area, open plan kitchen complete with several workstations, wash up, and waitress areas. Additional lower ground floor 24 cover dining area with bar, cloakroom and storage, all at a favourable rent of less than £130 per week and enjoying 100% business rate relief.
Popular venue serving easily prepared affordable menu of Italian influence, alcohol licence held, sound reviews received, enjoying all year round trade, quite often fully booked, drawing customers from wide catchment area, includes holidaymakers staying in surrounding tourist accommodation, Proves very profitable, trades 6 evenings, Sales 2023 £196,414 ex Vat, Gross Profit £131,025, Net Profits in excess of £50,000, sole owner, opportunities to build on trade through daytime opening and/or additional menu lines.
Leasehold £57,500 sav, Ref: R/TR36180N
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