Turnkey takeaway with strong summer trade and alfresco seating.
Prime double-fronted Fore Street location with high footfall
Located on Fore Street in the heart of Totnes, these double-fronted premises occupy a prime, high-footfall position in a busy market town popular with residents and visitors alike. The business is well established as a popular café and takeaway, trading year-round with particularly strong summer trade from tourists. The interior seats over 20 covers, with additional licensed alfresco seating immediately outside.
The fitted kitchen and servery are well equipped with commercial ovens, bake-off facilities, multiple chillers and a walk-in freezer in the cellar, making the operation largely turnkey. Mains electricity, water and drainage are connected and the premises benefit from excellent mobile signal and fast broadband — useful for card payments, online ordering and social marketing. Business rates currently enjoy 40% relief.
This is offered as a leasehold at a current rent of £16,000 per annum with a new negotiable-length lease to be agreed. The business reports growing turnover and good net profit, with scope to increase revenue further by extending opening hours and broadening the menu. Trading figures will be provided following a formal viewing.
Important considerations: the sale is of a leasehold business, not freehold; full financial disclosure requires a viewing and the crime level in the local area is reported as high, which may be a factor for insurance and staffing. Prospective buyers should also verify rates, lease terms and utility capacities as part of their due diligence.
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