Floorplan
MapRestaurant
Features and description
- Busy resort location with sea views
- Thriving lock-up café for sale
- Valuable 21 year lease
- Comprehensively equipped
- 64 Covers, 3 cloakrooms, 3 store areas
- Open 9am to 4pm
- Takings circa £512,000 per annum
- Services: All mains connected
Video tours
In the busy surfing resort of Westward Ho! facing towards the Atlantic Ocean with its long sandy beach and famous golf course. This cafe is well placed to take advantage of local as well as the tourist trade, being located next door to the Spar Supermarket, close to the main car park, village green and within a short walk of the sea. The A39 road provides access from the towns of Barnstaple, Bideford, Northam, Appledore and Bude. It lies at the south end of Northam Burrows and faces westward into Bideford Bay, opposite Saunton Sands and Braunton Burrows. This is an expanding resort with many new apartments being built overlooking the sea and in Bideford several new housing estates are being developed so trade will continue to expand.
THE PROPERTY
This ground and part first floor lock-up cafe offers 64 covers, 20 of which are upstairs and 8 are outside in the tidy forecourt. The cafe is comprehensively equipped and furnished throughout with a range of bench and table seating. There is a fully equipped commercial kitchen with preparation rooms, dishwasher room, store and stock rooms, ladies, gents and disabled cloakrooms.
TENURE
The current rent is £25,000 per annum with a lease of 21 years commencing from August 2017. A copy of the lease is available to inspect for seriously interested parties. An incoming buyer will need to provide the usual bank statements and trade/professional references for landlord’s approval and proof of ID.
THE BUSINESS
This is a very popular seaside cafe operated by the owner and 13 staff, opening throughout the year (closing for 7 weeks during the winter through choice). Rock Pool Cafe is open 7 days a week from 9 am to 4 pm. There is obvious scope to increase hours further and to take advantage of the takeaway trade. Having an extensive menu the cafe serves all day breakfasts, pizzas, pancakes, waffles, baguettes, jacket potatoes, soft drinks, milkshakes, teas and coffees etc. Takings circa £512,000 for the year ending July 2022 and accounts can be made available to interested parties once a viewing has taken place, with the vendor’s permission.
Rooms
GROUND FLOOR
Forecourt
Cafe 9.45m x 4.8m
Servery 5.4m x 2.44m
Cloakroom 2.44m x 3.28m
Store Room 3.28m x 0.1m
Ladies & Gents Cloakrooms
Preparation Area
Dishwasher Area
Further Prep Area
Commercial Kitchen
Fully equipped, subject to trade inventory and excluding any items of a personal nature.
Store Room
Rear Hallway
Door to outside.
First Floor
Further Cafe Seating Area
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£7,100 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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