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£390,000

Fore Street, Buckfastleigh, TQ11

  • 2 beds
Other

£390,000

  • 2 beds
Other
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Estimate monthly mortgage payment:

£1,780 per month

Minimum deposit amount:

£19,500
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Exciting commercial opportunity - Cafe/Shop premises - 2 Bedroom apartment above - Good sized landscaped garden - Modern open plan living space - New boiler in 2024 - New roof circa 2022 - Beautifully presented - Fully equipped commercial kitchen - Can be purchased as a going concern - EPC D

Description
Located within the beautiful Dartmoor town of Buckfastleigh, Tikka`s Caf? combined with Mardle Stores occupies a prime position within the town centre.

The business benefits from both local custom all year round, as well as visitors to the area. The town has a range of popular tourist attractions including Buckfast Abbey, The Otter and Butterfly Sanctuary and The Valiant Soldier Museum, along with the South Devon Railway and Pennywell Farm. The town has also appeared twice as a filming location for the BBC series Beyond Paradise`.

44 Fore Street was established as a Caf? in 2015 and was acquired by the current owner in 2019. Over the last few years, the business has developed into a multi-faceted operation, which now incorporates both Tikkas Caf? and Mardle Stores, a small corner shop set up, offering everyday essentials.

The Caf? serves a wide range of foods and beverages including breakfasts, cooked lunches with daily specials, jacket potatoes, salad bowls, pasties, sausage rolls, sandwiches, cakes and speciality coffees, teas and soft drinks.There are indoor covers for around 15 and a further 50 outdoors. There has been an alcohol licence in place in the past, so may be able to be reinstated.

There is a fully equipped prep and commercial kitchen at the rear of the property along with an additional storage room, and staff W/C.

The current owner has kept the property in wonderful condition, having carried out some extensive works, including landscaping the caf? garden, updating the roof, modernising the kitchen/living space in the owner`s accommodation, updating the gas combination boiler, and re decoration both internally and externally.

Above the caf? is the 2-bedroom living accommodation. This can be accessed from the caf? or via an external staircase and roof garden at the rear of the building, giving the opportunity to let the commercial space out separately if required.

The upstairs living accommodation is a comfortable size, with 2 good size double bedrooms and a modern shower room. The owner recently updated the living space, to a stunning open plan kitchen/diner/living room, with a vaulted ceiling, electric Velux windows, and modern kitchen with integrated eye level electric oven, gas hob, fridge freezer and dishwasher. This is a beautiful space which opens out on to the private roof terrace.

The rear garden is currently used as additional outdoor seating for the caf?. This space has been beautifully landscaped, predominantly laid to paving, there is a large timber framed pergola, giving undercover seating for customer, along with a raised seating area. At the centre of the garden is a beautiful palm tree, bringing an exotic twist to the space. At the end of the garden is a Gated area with large shed/store with a path leading down to the river Mardle.

Agents note - There is a 1.5m wide strip of ground running along the length of one side of the paved area at the rear of the building which belongs to a neighbouring property owner and does not form part of the sale.

Tenure
Freehold

Business Rates
Rateable Value (effective April 2017) ?5500. Please note, this is not the rates payable and depending on your circumstances you could be entitled to 100% small business rate relief.

Council Tax Band
A

Services
Mains gas, mains electricity, Mains water and drainage

Inventory
The Cafe is fully equipped as a turnkey operation and there is no outstanding finance or leased equipment.

EPC
Residential D
Commercial tbc



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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Unknown
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: No
Garage: No
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£1,780 per month
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Mortgage and legal costs:
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