No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Main Picture
Exeter
Exeter
£1,600,000
Added > 14 days

Property for sale

Business Opportunity In The City Centre, Exeter
Save
Property
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
A BUSINESS OFTEN DESCRIBED AS THE BUSIEST INDEPENDENT BUSINESS IN EXETER WITH A YEARLY TURNOVER IN EXCESS OF £2 MILLION OPENING 6 DAYS A WEEK 11.00 2100HRS.

Massive scope for increase of turnover with extended opening hours and alcohol licensing.

At present family run.

Reason for sale: the family want a life.

A totally refurbished double fronted Main Street restaurant/takeaway and delivery outlet with rear access that has had over £200k spent on it in the last 12 months.

This business is the big brother of a smaller business that grew and expanded in smaller premises adjacent to this site over a period of 5 years.

The smaller site had grown but the business had outgrown the premises and so the move.
This present business has now grown yet again.

This site in mid-2022 was completely gutted and refurbished to include walls/flooring/
electrics/plumbing/gas supply and kitchen.

Trading:
From reopening on
Oct 11th 22 29th £77K
November22. £177k
December22 £115k (takeaway only due to staff holidays/many travel back to Thailand for the Christmas/New Year)

Full accounts-Jan/Dec 21 available
Unaudited accounts for 22

Situation
The property is located in the lively Cathedral City of Exeter, which offers a rich heritage and is a fantastic place to live and work. It is a thriving City with so much to see and do. The City's Gothic Cathedral presides over pockets of cobbled street, Medieval and Georgian architecture, quaint boutique shops and fine dining eateries.

The Historic Quay side is host to any number of activities including kayaking, climbing, sailing and cycling. Also dotted around the Quayside are a vibrant variety of cafes, shops and restaurants.
Exeter is a stylish, thriving and versatile place to be, it is lively and yet relaxed with everything you will need for a happy, healthy lifestyle. Located off Junction 30 on the M5 in the picturesque County of Devon. Richmond Court is only a 10-minute walk from the major trains stations and the city centre.

For further information or to arrange a viewing please contact our office.


Places of interest

    UK-based Estate Agency with over 30 years' knowledge and experience of the property market As well as offering a traditional high street Estate Agency service AT REDUCED RATES, we have branches in Topsham, Devon and Bristol, UrPad Online also offer a brand new online service whereby you can sell or rent your property online, by uploading the details onto our website yourself, for a very low set fee.  As a regular high street agent, we do everything you would normally expect us to: we visit your property to confirm that the details are correct and answer any questions you may have; we arrange the viewings of prospective tenants and buyers for you, and we handle all the sale or rental negotiations for you. We market your property in exactly the same way as you would normally expect - on the big four property portals, as well as many of the smaller ones.  However, through creating your own property profile, uploading your details online (even though we check through thoroughly ourselves AND visit your property before they appear online), and show your propestive purchasers and tenants around your property yourself, we can pass on our savings to you.  

    See more properties like this:

    *DISCLAIMER

    Property reference LED4PAD1001193. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Clark & Co Estates - Devon.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.