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SOLD: Restaurant & Cafe Premises, 3 Fore St, Totnes, Devon

SOLD: Restaurant & Cafe Premises, 3 Fore St, Totnes, Devon - 21st September 2018

SOLD: EXCEPTIONALLY WELL-PRESENTED LICENSED CAFE & RESTAURANT, IN THE CHARMING MARKET TOWN OF TOTNES
RESTAURANT & CAFE PREMISES, 3 FORE STREET, TOTNES, SOUTH DEVON, TQ9 5DA

Stonesmith are delighted to have handled the sale of this well presented, licensed café and restaurant, in the charming and historic market town of Totnes.

The property is situated in a prime trading position at the lower end of Fore Street, the main shopping street, and a busy area within the centre of the highly sought after and historic South Devon market town of Totnes. The bustling Medieval market town of Totnes lies on the River Dart and is the Commercial Centre for the South Hams, boasting a thriving market as well as a good selection of independent retailers.

The business was trading as a busy French Bakery, Patisserie and licensed Café. It has been purchased by a charity - Young Devon – who are proud to support thousands of young people every year, to thrive and flourish. The county wide charity will operate the café & kitchen in the heart of Totnes, which will enable them to support projects within Young Devon, whilst giving young people much needed experience to get ahead in the hospitality industry.

Their Executive Chef Andy Jarrett is excited to be bringing his ideas to Totnes. There will be something for everyone, with fresh indulgent cakes to team up with fantastic tea and coffee, a great variety of cooked breakfasts as well as a tasty lunch menu available from 12 noon. All ingredients are sourced locally and sustainably.

This is a particularly exciting development for the charity and Alison Jarrett who will manage the restaurant said “We are really excited to have this opportunity in Totnes, a beautiful town with a reputation as a foodie destination. All our dishes are based on a sustainable ingredient policy and we really hope the residents of Totnes and its many visitors will help us to make a difference to the lives of young people who need our support.”

The leasehold of this business opportunity was sold by Stonesmith for an undisclosed figure off an asking price of £75,000. Full details and further information can be downloaded from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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Stonesmith were a breath of fresh air after our previous agents. You introduced a purchaser quickly and a deal was concluded rapidly.

Paul Clarke - Previous owner of Normandy House Hotel, Ottery St Mary