£125,000
Restaurant for saleBovey Tracey, Devon TQ13
Business
Leasehold
About this property
Landmark daytime tearoom/restaurant, bed & breakfast with owners’ accommodation, located at the gateway to dartmoor, occupying highly visible bovey tracey trading position at the entrance to the town. Easily accessible, close Information Centre, with popular famous visitor attractions and stunning scenery only a short drive ensuring an abundance of passing trade with a constant stream of visitors to the area, other popular towns and the City of exeter quickly reached via the A38 Devon Expressway located a short distance away.
A large character 3 storey imposing property occupying a substantial site, the subject of investment over the years ensuring it is presented to a high standard with no major expenditure considered necessary. Configured to provide 2 inter-connecting ground floor dining areas, owners snug, kitchen, and utility room. Versatile accommodation comprising 3 spacious first floor en-suite letting rooms, and 2 large second floor owners’ bedrooms each with own bathroom facilities providing option for additional letting rooms or utilising all room for owners’ accommodation. Stunning grounds to include car park, double garage, and attractive gardens also utilised as a popular teagarden, viewing recommended, rent only £10,000 per annum.
Famous business, rarely changing hands, current owners 22 years, well known throughout the area, commanding strong following, excellent reviews, retirement sale. Currently operated on a lifestyle basis, trades 4 day week, daytimes only, serving popular homecooked menu lines, benefiting from alcohol licence, B & B not currently promoted, only offered to regular returning guests. Purposefully trading below the VAT threshold, Income 2024 £84,178, still ensures consistent profits and desirable lifestyle, rarely available, offers considerable further opportunities to new owners.
Leasehold £125,000 sav, Ref: Tr/R/H36492N
A large character 3 storey imposing property occupying a substantial site, the subject of investment over the years ensuring it is presented to a high standard with no major expenditure considered necessary. Configured to provide 2 inter-connecting ground floor dining areas, owners snug, kitchen, and utility room. Versatile accommodation comprising 3 spacious first floor en-suite letting rooms, and 2 large second floor owners’ bedrooms each with own bathroom facilities providing option for additional letting rooms or utilising all room for owners’ accommodation. Stunning grounds to include car park, double garage, and attractive gardens also utilised as a popular teagarden, viewing recommended, rent only £10,000 per annum.
Famous business, rarely changing hands, current owners 22 years, well known throughout the area, commanding strong following, excellent reviews, retirement sale. Currently operated on a lifestyle basis, trades 4 day week, daytimes only, serving popular homecooked menu lines, benefiting from alcohol licence, B & B not currently promoted, only offered to regular returning guests. Purposefully trading below the VAT threshold, Income 2024 £84,178, still ensures consistent profits and desirable lifestyle, rarely available, offers considerable further opportunities to new owners.
Leasehold £125,000 sav, Ref: Tr/R/H36492N
.png){kind=logo}