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Property for sale

18 Lynmouth Street Lynmouth, EX35 6EH

EX35 6EH, Lynmouth Street, Lynmouth, EX35, Lynmouth

Sale Price: £49,950

Listed 15 days ago and may not be available Listed on 9/7/2015

 5 Queen Street, Lynton, EX35 6AA

18 Lynmouth Street Lynmouth, EX35 6EH

Property Summary:

Property
-- Bed(s)
-- Bath(s)
interested in this property.
 

Property description

A fully-equipped lock-up café with tea garden and takeaway near Lynmouth Harbour. 36 covers (18 inside, 18 outside). Trading successfully and offered for sale ready to go, with all equipment, furniture and stock included.


A rare opportunity to acquire a profitable, fully-equipped lock-up café with tea garden and takeaway near Lynmouth Harbour. 36 covers (18 inside, 18 outside). Trading successfully and offered for sale ready to go, with all equipment, furniture and stock included.

Location
Lynmouth Bay Café is located in the main pedestrian street in the delightful Lynmouth harbour area, one of the most popular visitor attractions in the Exmoor National Park. The area is popular with both visitors and locals and attracts trade all year round. The business is ideal for a couple or family to run and is presently traded by a single proprietor, with part-time staff in busy periods.

Approach
From the pedestrianised street outside, passing a small outside seating area with tables and chairs, a part-glazed door opens into the premises.

Main cafe area - 29' 0'' x 14' 7'' (8.84m x 4.44m)
The cafe is light and airy, attractively decorated with a stripped wooden floor and tongue-and-groove wooden cladding to dado height. On the left is a display for local products. A door from the café leads to the customer toilet and a small storage area with fitted cupboards and shelving. There is a service counter with wooden worktop, giving space for displays of food and products. Behind is a fully-equipped trade kitchen, with all necessary equipment to produce and/or display the food sold on the premises, including pies and pasties, paninis, toasties, baguettes and sandwiches, soups, jacket potatoes, hot and cold drinks. There is a stainless steel sink for pot-washing, and a secondary small sink with mixer tap. Separate handwash sink. Space for bins. Commercial dishwasher. Shelving for cutlery and crockery. Turbo oven. Two microwaves. Panini grill. Hot cabinet, fridges and freezer all included.

Tea Garden - 19' 8'' x 19' 8'' (6m x 6m)
A porch on the side with a stable-style wooden door leads out to a sunny paved patio area, with tables and parasols, offering a further 18 covers. ( Measurement is approximate.)

The Business
Turnover averages about £65,000pa. P&L figures will be made available to interested parties after viewing the premises.The current owner trades the business from 10am till 5pm 11 months of the year, with shorter hours in winter. It is run by a single proprietor, with part-time staff in busier periods. It can be traded to suit the owner's preferred lifestyle, including evening opening as currently presented, or as a Bistro-style restaurant, particularly with the addition of an alcohol licence.The current owner is happy to give any new owners a full briefing after exchange of contracts, to include introductions to all suppliers and a hand-over period to ensure a smooth transition of the business.The business is listed on Trip Advisor, where it has received many favourable comments.

Inventory & Stock
The business will be transferred as seen, with a full inventory of equipment, furniture and stock to continue trading as at present. An inventory of all equipment etc will be provided when a sale is agreed.

The Lease
The current lease has nine years remaining at a rent of £1050pcm, with an option to extend at the end of the term included within the lease.

Property Features :

  • Prime Seaside Location
  • Established & Profitable Business
  • 36 Covers
  • Immaculately Presented
  • Tea Garden