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Restaurant/cafe for sale

£40,000

Bank Street, Teignmouth TQ14

Interested in this property? Call +44 1803 268798 * or

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Property features

  • Attractive & Prominent Coffee Shop & Cafe
  • Situated in the Centre of the Popular Coastal Resort of Teignmouth
  • Smartly Decorated L Shaped Trade Area and Alfresco Seating
  • Currently Trading All Year Round
  • Would Ideally Suite a Couple or Chef Patron

Property description

Teignmouth has all the traditional attractions of a coastal holiday destination including the promenade, Victorian Pier with rides and amusements together with shops, cafes and restaurants. Teignmouth has a thriving local community which swells considerably during the summer months with tourists and visitors to the town boosting trade. Teignmouth is well connected via the Shaldon Bridge to Shaldon on the South side of the River Teign and on to Torbay some 9 miles away. The market town of Newton Abbot is 6 miles to the West as is the A38 trunk road to Exeter. This in turn links to the M5 motorway which connects the South West to the rest of the country. Perrylicious is a generously sized ground floor lock up café in the main pedestrianised street in central Teignmouth. The café has large picture window to the front of the main trade area. The café is smartly decorated with a slightly quirky feel, with pompom style scene decorations. A feature wall in teal with timber effect laminate flooring with seating for 22 in the main trade area at wooden tables and wooden high backed chairs.Set in a busy location this popular café offers a wide menu including light bites, breakfasts, pastry goods and sandwiches served on a variety of breads. There is also always something tempting on the specials board. A specialism is homemade cakes and occasion cakes. The café also offers a wide variety of gluten free and vegan options.


Main trade area


With service counter and roll topped work surface, storage areas under, cake displays, La Mazocco coffee machine and separate grinder. Solid wood wall mounted display unit, pro blend touch 95,2 under counter fridges and under counter freezer. Stainless steel wash hand basin, electronic cash register (on hire purchase), ice cream display fridge and double door under counter drinks fridge. Wall mounted blackboard menus. Leading through to:


Secondary trade area


To the rear of the premises, with seating for a further 8 at leather sofas and bucket seats with coffee tables, a poser table and bar stools for 2. Combined with the large Mediterranean mural, the room presents an attractive second serving area for customers to sit. Wall mounted electric real flame heater.


Catering kitchen


Stainless steel wash hand basin, Bush under counter electric oven, large charcoal grill and contact griddle, Buffalo double panini machine, toaster, 2 under counter fridges, counter top freezer. Preparation area with 2 microwaves. Domestic extraction system.


Wash up area


With under counter fridge, stainless steel sink and a half with drainer. Commercial dishwasher and dry store shelving. Large upright freezer for gluten free products. To the rear of the trade areas there is an internal hallway with double doors to:-


Ladies & gents cloakroom


WC and wash hand basin. Exit to rear lane and bin storage.


Understair storage area


Stairs leading up to:-


Dry store/food preparation area


Hoover washing machine, stainless steel wash hand basin, sink with drainer. Apollo electric oven. Magimix, microwave and racking for dry stores. Chest freezer, 1 large and 1 small chest freezers.


Outside


The front of the café has a pavement license for 4 patio tables and 14 patio chairs.


General information

rateable value


£11,750. This is not rates payable. For more information we advise you contact the local authority, Torbay Council on . Please note: Eligible Small Business operators will qualify for 100% Rate Relief.


Business


Trading mostly daytimes only. However, the current owner opens one Friday a month, for speciality evenings. The café currently trades 8:30am - 5:30pm, Monday - Saturday and 8:30am - 4pm on Sundays. The business is run by the owner plus 2 members of permanent staff, 1 working 40 hours, 1 working 25 hours and a weekend member of staff. Whilst the current business is shown to be a success, there is scope to increase turnover with increased trading hours to include evenings. The new owner will require the name of the coffee shop to be changed within a mutually agreed time frame.


Tenure


The premises are held on a 7 year lease from 2017 at a rent of £15,000 per annum until Year 2, when there will be a review and again at Year 6. The lease contains a tenant's only break clause at Year 3.


Inventory


To include furnishings and equipment as per an inventory but to exclude owners personal effects.


Stock


Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.


Services


The premises are connected to all mains services.


EPC rating D

Property info

What Zoopla users think of Teignmouth

Overall rating:

  • currently 4 stars
Very good - 79% (54 ratings)

Ratings breakdown:

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Nearby transport

  • Teignmouth (0.1 miles)
  • Dawlish (2.8 miles)
  • Dawlish Warren (4.3 miles)
  • Exeter International Airport (13.5 miles)
  • Cardiff Airport (59.2 miles)
  • Bristol Airport (67.0 miles)
  • Teignmouth Ferry Landing (0.3 miles)
  • Shaldon Teignmouth Ferry Landing (0.5 miles)
  • Exmouth Ferry Landing (5.9 miles)

Nearby schools

View all schools in Teignbridge
  • Shaldon Primary School (0.7 miles)
  • Our Lady and St Patrick's Roman Catholic Primary School (0.7 miles)
  • Teignmouth Community School, Mill Lane (0.9 miles)
  • Education and Care (Devon) Ltd At 7-9 Oak Park Villas (3.0 miles)
  • Oakwood Court College (Phoenix Learning Care Ltd) (3.0 miles)
  • Huntercombe Hospital School Watcombe (3.6 miles)
  • Teignmouth Community School, Exeter Road (0.5 miles)
  • Trinity School (0.7 miles)
  • Ratcliffe School (2.0 miles)
Note: Distances are straight line measurements

Local info for Teignbridge

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For more information about this property, please contact
Bettesworths, TQ1 on +44 1803 268798 * (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 Bettesworths, and do not constitute property particulars. Please contact Bettesworths 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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