Two Businesses in One Restaurant & Take-Way

Exeter, Devon

£39,500Leasehold + SAV
My Way Cafe & Romana Pizzeria30 South StreetExeterDevonEX1 1EBView Map

BUSINESS 1

A 40 plus seater newly refurbished café lounge with outdoor seating to the front and bar counter. The property is ideally located in the heart of the Cathedral city of Exeter, Devon. This easily owner operated business currently trades successfully between the hours of 09.00am–2.30 pm, so there is huge potential to expand on the existing trade by offering early evening and there is no opening restrictions which would allow an operator to cater for late night trade

BUSINESS 2

With a separate door to front but also interlinked via the café lounge, this offers a mainly pizza and kebab take-away service which could be daytime, evening and night-time. This take-away uses Deliveroo and Just Eat which trades in a separate company

LOCATION

The café lounge and take-away is located just off Cathedral yard, which lies in the very heart of the city of Exeter, Devon. Exeter is a densely populated/ affluent city and benefits from one the country’s best Universities. Immediately outside the business is convenient short-term parking and it is serviced well by a bus stop to all parts of the city. Also nearby is the M5 motorway and International airport as well as a main-line train station connecting Paddington London and all parts of the UK. Nearby are many quality schools, college and only 20 minutes away is the coast with fantastic beaches and leisure facilities.

BUSINESS

The business is operated by a partnership together with part time assistance when required. Trading as “My Way Café” and “Roma Pizzeria” and opening only six days per week with limited opening hours to suit our clients’ lifestyle. However, there is tremendous scope to expand with longer opening hours, additional days’ event parties, outside catering and even a pop-up restaurant in the evening. Early viewings are highly recommended. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION

CAFÉ/LOUNGE

MAIN DINING ROOM

9.73m x 5.83m

A lovely large area with approx. 9 table and chairs for approx. 35/40 covers together with 2 comfortable two-seater leather window sofas with coffee table, suspended ceiling throughout and inset speaking music system. To one side there is an enclosed bar servery with a two-group cappuccino machine, fully automatic grinder, smoothy blender, under counter freezer and refrigeration, inset sink and drainer and ample storage for cutlery, crockery and glassware. To the front, there is an ample space for three larger table and chair for an additional 10/12 covers.

STORE 1

2.26m x 1.39m

This dry store is located directly behind the servery area.

STORE 2

1.81m x 1.63m

A good-sized store with some shelving and two large chest freezers.

TAKE-AWAY

5.75m x 2.80m

This is the take-away processing area and includes a smaller customer space when entering through the front door. The area benefits from several fridge / freezers, upright drinks display refrigeration, chiller cabinet, prep tables for the many monitors and card precessing machinery for Deliveroo and Just Eat. To the front are floor to ceiling large windows which have been professionally branded with the take-away menu and services on offer.

KITCHEN

3.99m x 2.80m

This kitchen serves both the café/lounge and the take-away and is a spacious open room which benefits from a large prep table, flat top electric griddle, 4 pot bain-marie, twin table top fryer, new twin wide opening electric pizza oven, marble pizza prep table with three refrigeration boxes,  2 new electric kebab rotisserie, stainless steel extraction system and much more.

WASH-UP

2.79m x 1.78m

With a twin stainless-steel sink and drainer, work top space, wall mounted gas central heating, hot water boiler and door to rear outside with ample space for the storage of large commercial bin and to receive deliveries.

INNER HALLWAY

TOILET

This is a unisex customer toilet with a low-level WC and wash hand basin.

COURTYARD

A large area housing waste bins with space for table and chairs for the owners. Used for deliveries and staff entrance.

BUSINESS WEBSITE

www.mywaycafeexeter.co.uk

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at cost and paid on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

SERVICES

Main’s gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE

Leasehold. Ingoing tenant to pay for either for landlord’s lease assignment or lease set up fees and with a monthly rent for both businesses of £1500 pcm.

 VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880, 01392 462266 Email. [email protected]   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.