£370,000

Leisure/hospitality for sale

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£370,000

Leisure/hospitality for sale

Torquay, Devon TQ2

Local area information

Property location

Nearby amenities

  • Shiphay Learning Academy 0.1 miles
  • Torquay Boys' Grammar School 0.4 miles
  • Torre 0.9 miles
  • Torquay 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Popular daytime café, situated within bustling torquay residential area, yet close to the spectacular south devon coast with its beaches, harbour and marinas. Enjoying eye catching elevated trading position which proves lucrative, overlooking a primary thoroughfare/bus route, benefiting from free on street car parking, surrounded by residential areas, nestled amongst other businesses, close nursery, school, medical practice, and pharmacy ensuring regular and passing trade.

Contained within a substantial rarely available Freehold link-detached property occupying a large valuable site. Provides 30 cover café with kitchen, prep/wash-up room, cloakroom, and additional alfresco seating to the front with space for 28 covers. Additional adjoining unit, which is rented out, currently trading as a hair/beauty salon offering 4 styling positions, 2 backwash, and a treatment room. Spacious self-contained flat above offering sitting/dining room, kitchen, 3 bedrooms, bathroom, and balcony, benefiting from rear private parking area and good size enclosed rear garden.

A renowned business, could suit all types of cuisine, eat in and takeaway, currently serves basic menu, enjoying regular local custom, trades easy daytime hours, closing 3.00pm latest. Sales 2024 £72,142, Gross Profit £44,504 (62%), plus additional £12,000 rental income from hair/beauty salon, benefiting from minimal overheads, ensures a most profitable business. Ideal for owner operators, considerable further opportunities available to include, Sunday opening for breakfast/lunch, evening opening, delivery, and alcohol licence.

Freehold £370,000 sav, Ref: TRZ35992N

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  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. Torquay
  5. Collaton Road