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TOWN CENTRE INN, CAF? AND TAKEAWAY, 275,000, Freehold

275,000
Tenure
Freehold
Description
Excellent High Street town centre location in South Devon.
Public Bar (circa 30) offering carpeted floors, bar servery, open fireplace, beamed ceilings and wood panelling.
Lounge Bar/Dining Area (circa 20) benefitting from carpeted flooring, bar servery, log burner fireplace and beamed ceilings.
Dining Room (circa 20) with carpets, feature fireplace and beams.
Café and Take Away with seating for 16 customers and extensive fully equipped kitchens.
4 Bedroom Living Accommodation.
Private Car Park & Commercial Catering Kitchen.
Outbuildings.
Advised turnover for y/e 03/19 is £272,000 (inc VAT).
Our vendors have owned and run the business for 25 years and would be keen to sign a new 10 year ‘free of tie' FRI Lease Agreement with a rent of £25,000 per annum.
This offers an excellent Investment Opportunity to new owners who will benefit from approx. 10% return.
Confidential Sale – Please contact Marc Blackford on 07812 753014 for further details.
Details Prepared: May 2019

 
SUPERB ‘BUY AND LEASE BACK' INVESTMENT OPPORTUNITY WITH EXPERIENCED AND ESTABLISHED LESSEES


ASKING PRICE £275,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Under Offer
No
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