Leisure/hospitality for sale

Exeter, Devon EX4

Daytime coffee shop/café and in-house function catering opportunity. Contained within a large community hub, easily accessible, situated on the edge of exeter city centre, short walk main shopping areas and railway stations, close car parks, schools and college buildings, also surrounded by residential areas, ensures regular trade, proving a popular place to meet.

Attractive well-presented and maintained premises, forming part of large building which is host to numerous organisations and businesses, also provides space for meetings, functions and events, popular with local clubs and societies, some 30 meeting rooms available, some being able to accommodate up to 40 persons, the building being the subject of considerable investment over the years.

The premises provide reception area, 18 cover dining area with scope to expand and create an additional 20 covers, comprehensively equipped servery counter to include new coffee machine acquired at considerable expense, preparation/wash-up room, and cloakrooms, also benefiting from 2 attractive alfresco dining areas within the gardens, providing a further 28 covers, prove very popular and valuable. Enjoying favourable overheads, rent amounting to only £177 per week to include all utilities (electric, water, rubbish collection, internet, service charge), and receiving 100% business rate relief.

An established popular destination business with strong following providing regular trade in addition to the regular on-site catering for offices, functions, and events which proves lucrative. Serves easy menu, and also trades easy hours, Monday to Friday 9.00am through to 3.30pm. Sales £61,966, Gross Profit £41,953 (68%), the minimal overheads ensuring sound profits of more than £30,000 to owner operators, with scope to develop business further through longer opening hours and offering private functions.

Leasehold £29,995 sav Ref: TR36625N