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Thrive Cafe, Totnes - SOLD

Thrive Cafe, Totnes - SOLD - 16th November 2016

Hospitality property specialists Stonesmith are delighted to announce the sale of the Thrive Café in the heart of Totnes. This well regarded licensed café and restaurant occupies a prominent and highly visible trading position in the town.

Having been completely refurbished and fitted out to an extremely high standard, the sale of this popular daytime licensed cafe and restaurant, generated extremely high levels of enquiries during the marketing period and has now been sold to experienced operators, Chris Povey and Kelly Greene, who will be running Thrive in addition to their other business – the popular Mange Tout Delicatessen in Kingsbridge.

This established licensed café and evening restaurant serves a popular menu to include freshly prepared salads, sandwiches, wraps, and breakfasts, hot, cold and alcoholic drinks, smoothies, and daily specials with the emphasis on local and organic food readily available from a variety of suppliers throughout Devon and the South West. The premises also benefit from a licence to serve alcohol and is extremely well positioned in the main High Street, taking full advantage of the year round trade which is predominant throughout the town. Thrive Cafe enjoys a popular local following with a seasonal boost from tourists visiting the area during the busy summer months.

Mike Phillips from Stonesmith said: “We would like to take this opportunity to wish Chris and Kelly the very best of luck with their new business venture. The addition of a deli will no doubt be a huge success, given its location in the town, and compliment the café side of the business”.

The leasehold interest was sold off an undisclosed asking price. For further details, Stonesmith can be contacted on 01392 201262.

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Stonesmith are one of the leading business transfer agents in the South West specialising in the sale of licensed businesses throughout the Westcountry including Devon, Cornwall, Somerset and Dorset.

Full details of all our current properties can be downloaded from our website www.stonesmith.co.uk or follow us on Twitter @stonesmithUK. If you’re thinking of selling or need professional advice, Stonesmith can be contacted on 01392 201262.

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Thanks for all your hard work and persistence in seeing the sale through to completion

Brian Oury - for The Swan Inn, Merriott