Landmark Tea Room in Newton Abbot

£55,000 Leasehold + SAV
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pharmacy1

Landmark Tea Room in Newton Abbot

Pharmacy Cafe, 58 Queen Street, Newton Abbot, Devon, TQ12 2EW

Town Centre Tea Rooms situated in a former Victorian pharmacy in Newton Abbot. The Pharmacy is a stunning building which retains main of the original features of the old pharmacy which are Grade I listed. The ground and first floor provide seating for approximately 70 covers. Early viewings are highly recommended....


LOCATION

Situated in the popular market town of Newton Abbot, the property benefits from both pedestrian and vehicular traffic.  Newton Abbot has excellent road and rail links to Exeter, Plymouth, Torbay, Dartmouth and also the M5 motorway.

 

BUSINESS

Successful operated this is a very popular and well known business.  The Pharmacy has a good reputation for home-made cakes and pastries and the café attracts much repeat custom and well as visitors to the area.  The café currently only opens during the day, but we the agents feel the turnover could be improved by extending these hours.  Full accounts will be made available following a viewing.

 

ACCOMMODATION

 

From Queen Street feature glazed double fronted bay windows with recessed door into:

 

GROUND FLOOR

 

CAFÉ

Open Plan Room with many features from the original pharmacy, high ceilings, mahogany display cabinets, Italian Mosaic floor, chandelier, shelving and draws, wooden tables and chairs providing 24 covers, with a further 8 cover to be found at the rear of the room, waitress station which houses coffee machine, cake display, serving counter, under counter fridge and EOPS till.

 

CORRIDOR

With stairs to first floor, under stairs storage and rear door.

 

KITCHEN

With non-slip flooring throughout, stainless steel work surface,  commercial dishwasher, 2 fridges, microwaves, grill,  stainless steel sink and drainer, griddle, deep fat fryer, floor to ceiling splashbacks and extractor system

 

HALLWAY

With stairs to:

 

FIRST FLOOR

 

CAFÉ AREA

With tables and chairs and waitress station

 

LADIES & GENTS CLOAKROOMS

 

OFFICE

 

PREP ROOM

With non-slip flooring throughout, stainless steel work surfaces, 2 freezers, microwaves, commercial dishwasher and stainless steel sink area drainer.  This area is used during the peak trading times of the café.

 

OUTSIDE

To the rear is a small courtyard which is used for refuse storage

 

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment with the exception of vendor’s private inventory will be included in this leasehold sale. Full inventory will be provided prior to exchange of contracts

 

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents Ware Commercial.

 

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

TENURE

Leasehold

Passing rental of £16,000 per annum

On a 15 year lease which commenced in 2011

 

VIEWINGS

Appointment to view through the agents Ware Commercial

Tel: 01803 328880

Email: info@warecommercial.com

Website: www.warecommercial.com

 


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.