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Property Listing Details

Restaurant/cafe for sale

Queen Street, Newton Abbot TQ12

  • Under offer

£20,000

Features

  • Priced to sell
  • Prominently Located Food Bar & Takeaway
  • Established & Popular Business with Strong Local Customer Base
  • Well Equipped & Easily Run Business. Outside seating for 9
  • Fantastic Opportunity as a First Time Venture or for an Experienced Operator

Listing view statistics

Last 30 days: 5 page views

Since listed: 131 page views

Description

Fozzies occupies a highly visible position on Queen Street, opposite a well established parade of commercial premises. This thriving area of Newton Abbot offers a variety of retailers, professional services and catering outlets. The premises are close to the mainline Newton Abbot Railway Station, with Queen Street being one of the main thoroughfares into Newton Abbot Town Centre.

Fozzies is an extremely popular takeaway food bar. The single story unit is well equipped offering a range of hot and cold breakfast and lunch choices including sandwiches, burgers, hot dogs, omelettes, cheesy chips and steak to name a few. A range of beverages are also available, from tea and coffee to canned drinks and an assortment of cakes and confectionery are on offer too. Customers order at the service hatch and can either takeaway or sit at the outside tables and chairs which spaciously seat 9.

Covered Service Hatch

Step up from pavement seating area. Windows opening to the front with internal stainless steel shutter and service counter with hot and cold glass fronted display cabinet.

The Kiosk is accessed via a side entrance which leads into:-

Commercial Kitchen & Preparation Area

Well-equipped with non-slip flooring, tiled walls and stainless steel splash back. King Edward potato baker, large contact griddle, commercial extraction system and table top heated display cabinet. Stainless steel preparation areas and large double stainless steel sink unit with drainer, hand towel dispenser. Wall mounted hot water boiler, 3 under counter fridges, 1 under counter freezer and microwave. Wall mounted storage shelves and Casio electronic cash register.

Outside Staff & Customer Cloakroom

General Information

Rateable Value

£1,400. Please note this is not rates payable. Small business rates relief may apply. For further information we advise you contact Teignbridge Council, Tel.

Business

Fozzies has been in the same ownership for circa 22 years and is now offered to the market due to a change in personal circumstances. The owner operates the business with the assistance of 3 members of part-time staff and the trading hours are 6am-2pm. The owner now chooses to operate these hours however the business has previously traded on through the day and for special events in to the early hours of the morning. The turnover for year ending March 2017 was £65,499 with a gp of 62.55% and strong Net Profits. Accounting information will be made available to Bona Fide applicants following a formal viewing.

Tenure - Leasehold

The premises are available via assignment of a new 7 year Fully Repairing & Insuring Lease from February 2018 at a rent of £5,300 pa.

Stock

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

Services

The premises are connected to mains water and electricity.

Inventory

To include equipment and furniture as per an inventory to be supplied but excluding the owners personal effects.

EPC - Exempt

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> All Saints CofE Primary School (Marsh) 0.1 miles
  • " role="presentation" aria-hidden="true"> Bearnes Voluntary Primary School 0.2 miles
  • " role="presentation" aria-hidden="true"> Newton Abbot 0.2 miles
  • " role="presentation" aria-hidden="true"> Shaldon Teignmouth Ferry Landing 4.4 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Bettesworths. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bettesworths for full details and further information.