Devon Town Centre Cafe And Bakery For Sale

Business description

The property comprises of a Grade II listed brick mid-terraced commercial property with a ground floor comprising of 2 lock-up areas interlinked on the right hand side of the bakery and on the left hand side the ground floor cafe seating approximately 20 customers. To the first floor there is a further function room/overflow cafe area with seating for 24 additional customers. To the second floor, there are 3 potential bedrooms and 2 cloakrooms. Whilst the current owner does not live on the premises it may be possible, subject to Landlords consent, to utilise the upper floors as private quarters.

Property information

Property:

Leasehold

Lease terms:

The premises are held on the balance of a lease granted on the 16th March 2009 for a period of 7 years commencing on the 1st May 2009 and expiring on the 30th April 2016 at a current rent payable of £10,000 per annum. A copy of the lease is available for inspection at the offices of Webbers Commercial in Barnstaple. An incoming tenant will need to provide the usual Bank and Trade references for Landlords approval.

Leasehold rent:

£10,000 per annum

Living accommodation:

Potential 3 bedroom apartment over the shop

Location:

The premises are located in the very centre of this popular town next to the Town Hall and ideally placed for both local and holiday customers. Torrington is a popular town approximately 11 miles from Barnstaple in North Devon surrounded by unspoilt rolling Devon countryside.

Business Operation

Trading hours:

The shop opens 6 days a week 8.30am - 5pm (half day Wednesday) and closed Sunday.

Employees:

The business has been operated by the proprietor, her daughter and her father for approximately 26 years.