Summary - Calvo Loco Magdalen Road, Exeter, Devon, EX2 EX2 4TA
1 bed 1 bath Restaurant
**Standout Features:**
- Established Spanish tapas restaurant in a prime Exeter location.
- Strong reputation with locals, students, and visitors.
- Alfresco dining opportunity with outdoor seating.
- Currently operating evenings with potential for expansion into lunch service.
- Leasehold status with a secure and renewable lease.
- Financial accounts available for serious inquiries.
**Potential Downsides:**
- Limited current operating hours (Wednesday to Saturday).
- Inspection of fixtures and services is recommended, as no testing has been conducted.
This charming tapas bar on Magdalen Road offers a fantastic opportunity for savvy investors or aspiring restaurateurs looking to tap into Exeter's vibrant dining scene. With a warm, rustic décor and a cozy atmosphere, it has built a loyal customer base over its six years of operation. The venue currently caters to evening diners, leaving ample room for growth by extending hours or increasing seating capacity, notably with the addition of larger outdoor umbrellas for alfresco dining.
Nestled in a cosmopolitan neighborhood, it boasts convenient access to amenities, parking, and is just a stone's throw from the prestigious University of Exeter. This area is not only affluent but also brimming with families and students, ensuring an ongoing demand for quality dining experiences. Don’t miss this rare chance to own a well-established business with promising expansion potential—early viewings are highly recommended!
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