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Restaurant/cafe for sale

£29,999

304D Union Street, Torquay TQ2

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Property description

Business
Superb cafe and sandwich bar business with both eat in and take out services.

Long established cafe. For sale, due to our clients wish to emigrate.

The business boasts a loyal local repeat customer base.

Freshly made to order baguettes, sandwiches, toasties, hot and cold drinks and snacks.

The business boasts a popular Facebook page, and well respected feedback on TripAdvisor.

With an existing premises licence and A5 consent, alternate use or cuisine change is a large possibility.

Plenty of scope to build on an already successful husband and wife team operation, along with the opportunity to extend opening times, and add a more significant online or web presence.

A strong possibility for adding local sandwich delivery rounds which could offer more growth to a new husband and wife team, partnership or first time buyer.

Low overheads, low rent, and zero business rates 2017/18.

Location
Torquay Town Centre, Devon.
Part pedestrianised Brunswick Square Location.
Walking distance of major amenities and sea front.
Free on road parking, adjacent main car park.
Adjacent many other complimentary operators including a Post Office.
Vibrant, inviting signage and a-board advertising.
Popular English Riviera town, population circa 65,000.

Premises
Torquay Town Centre, Devon.
Part pedestrianised Brunswick Square Location.
Walking distance of major amenities and sea front.
Free on road parking, adjacent main car park.
Adjacent many other complimentary operators including a Post Office.
Vibrant, inviting signage and a-board advertising.
Popular English Riviera town, population circa 65,000.

Tenure
Held on a 10-year renewable lease.
Term with circa 4 years remaining as at 2017.
Subject to an annual rent of £3,952.

Hours
Monday – Saturday: 09:00am - 14:00pm
Sunday: Closed

Staff
Husband wife team operation.

Financial Profile
We are advised that the annual turnover averages £60,000 per year with a gross profit of 62%.
The operators benefit from a personal annual income of £22,000 combined.

What Zoopla users think of Torquay

Overall rating:

  • currently 3.5 stars
Good - 73% (248 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Torre (0.4 miles)
  • Torquay (0.7 miles)
  • Paignton (2.7 miles)
  • Exeter International Airport (19.0 miles)
  • Cardiff Airport (64.6 miles)
  • Bristol Airport (72.5 miles)
  • Torquay - North Quay (0.9 miles)
  • Torquay Harbour Boarding Pontoon (1.0 mile)
  • Shaldon Teignmouth Ferry Landing (5.0 miles)

Nearby schools

View all schools in Torbay
  • Upton St James CofE Primary School (0.3 miles)
  • Cockington Primary School (0.4 miles)
  • Torre Church of England Academy (0.5 miles)
  • EF Academy Torbay (0.4 miles)
  • Exeter Mathematics School (17.6 miles)
  • King's College (42.1 miles)
  • Torquay Academy (0.6 miles)
  • The Spires College (0.8 miles)
  • Torquay Girls Grammar School (0.8 miles)
Note: Distances are straight line measurements

Local info for Torbay

About the neighbours in TQ2

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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