£49,950

Restaurant for sale

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Just added

£49,950

Restaurant for sale

Union Street, Newton Abbot TQ12

Local area information

Property location

Nearby amenities

  • Wolborough Church of England (Aided) Nursery and Primary School 0 miles
  • Bearnes Voluntary Primary School 0.2 miles
  • Newton Abbot 0.4 miles
  • Shaldon Teignmouth Ferry Landing 4.7 miles

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

Read our area guide for Newton Abbot to find out more about the local area.

Features and description

  • Established & Busy Hot & Cold Food Takeaway
  • Located in Thriving Area of Newton Abbot
  • Consistent Turnover with Strong Net Profits
  • Daytime Opening with Much More Potential
  • Fantastic Owner / Operator opportunity
Established & Busy Hot & Cold Food Takeaway. Consistent Turnover with Strong Net Profit.

The Filling Station is located on Union Street which is surrounded by a variety of businesses including national & independent retailers, professional services, and residential property.

The business operates from 8am – 3pm 6 days a week, closing on a Sunday, providing customers with freshly prepared hot & cold breakfast and lunch baps & baguettes alongside a range of hot & cold drinks and confectionary. On request the owners will happily prepare lunch platters and lunch boxes.

The unit would also lend itself to being a ‘dark kitchen’ in the evenings. This lock up unit is kept scrupulously clean and benefits from non-slip flooring and wipe clean wall cladding throughout.

This popular takeaway has been established for 35+ years and remains a successful and profitable business.



The Premises Consists of:-

Entrance off Union Street leading into:-

Customer Service Area

With menu boards, large countertop cold display unit, drinks fridge (on free loan). Stainless steel prep counters with storage under, Polar commercial under counter glass double door refrigerator, panini machine, egg boiler, 2 x 3 pot Baine Marie, hot water boiler, double sink unit with drainer and cash register.

Hot Food Prep Area

Commercial extraction system, stainless steel prep counter, contact griddle, Samsung commercial microwave and domestic microwave. Indesit oven, waffle maker, pasta boiler, 2 x under counter fridges, under counter freezer and upright freezer, Beko upright fridge freezer with water dispenser.

Staff Cloakroom

Rear Yard

Bin store area, shared with residents above.

General Information

Business

This successful, lucrative business is currently operated by a Husband & Wife team and would be suitable for any couple, partnership or family members to operate. The business has an impressive turnover with strong net profits. Further trading information will be provided to bona fide interested parties following a formal viewing through the Sole Selling Agents, Bettesworths.

Tenure

The premises is held on a 10 year lease from March 2021 at a rent of £7,500 + VAT, with Internal Repairing and Insuring Obligations.

Rateable Value

2023 List: £6,000.

Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, Teignbridge Council.

Services

The premises is connected to mains water, drainage and electricity.

EPC Rating D

Inventory

To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

Stock

Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.

Viewing

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bettesworths Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. Newton Abbot
  5. Union Street