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Ice Cream And Dessert Parlour In Barnstaple For Sale

Barnstaple, Devon, UK
Asking Price:
£39,950
Sales Revenue:
Available on request
Cash Flow:
Available on request

Operated by a family (who are selling for retirement reasons), with occasional part time staff at weekends.
Serving coffees, teas, crepes, ice cream sundaes as well as savoury dishes to the general public and also catering for children’s parties with the option to offer a delivery service.
Opening hours are 10am to 4 pm currently opening 4/5 days a week which could easily be extended to 7 days a week and evenings if required.
The business also caters for special events, serves vintage high teas at traditional tea parties and is rated highly on TripAdvisor.
The property was re-decorated to a high standard around 3 years ago and has recently redesigned the business website. Accounts can be made available to those seriously interested parties who have inspected the premises.

The premises comprise of a ground floor lock-up licensed coffee bar of approximately 1,250 sq ft with seating for 52 customers as well as three ground floor cloakrooms and commercial kitchen.
To the rear at first floor level is a further room with frontage to Maiden Street.
The premises have for many years been used as a busy day time cafeteria and 5 years ago Treat Time was created and has an excellent following and high profile.

Property Information

Property:

Leasehold

Lease Terms:

The premises will be offered on the basis of a lease on internal repair, insuring and decorating terms at a rental of £12,000 per annum plus an ingoing premium of £39,950. All equipment will be included to operate this successful catering business. An incoming tenant will need to provide the usual trade and bank references for landlord's approval.

Leasehold Rent:

£12,000 per annum

Location:

The retail economy of Barnstaple is vibrant with new developments, including the recent enhancement of Green Lanes Shopping Centre and the new retail park at Anchorwood on the opposite bank of the River Taw. Here there is an Asda supermarket as well as a Next, Iceland Store, Furniture Store and PureGym. The premises here at Treat Time are en-route via The Square, to the bridge over the river which will increase footfall past the front door. The town has a population of around 32,000 and serves the surrounding rural hinterland with a population in excess of 127,000 people.

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