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PRICE REDUCTION: Terry's Cafe, Exeter

PRICE REDUCTION: Terry's Cafe, Exeter - 5th September 2018

WELL PRESENTED & ESTABLISHED TRADITIONAL CAFÉ/TAKEAWAY OCCUPYING BUSY CITY CENTRE TRADING POSITION
TERRY’S CAFÉ, SIDWELL STREET, EXETER, DEVON, EX4 6NN
LEASEHOLD: ALL OFFERS CONSIDERED ON £50,000

This well presented and established high turnover daytime only cafe and takeaway, is available for sale on a leasehold basis by licensed property specialists Stonesmith of Exeter.

Terry’s is a busy and well established traditional cafe and takeaway, with an impressive following, serving an easy to prepare and popular menu. The business operates from spacious, purpose equipped and furnished premises, which have been the subject of significant investment in recent years. The café offers seating for over 60 customers. Currently trading daytime only hours and run completely under management, the business enjoys strong levels of trade and offers the opportunity for incoming operators to purchase a popular business with undoubted potential.

The business has traded within the City since 1989 and was originally located within Princesshay. In 2003 when the area was cleared to make way for the new Princesshay shopping centre development, the business was re-located to the current premises on Sidwell Street and Terry’s Cafe was established.

Terry’s operates as a daytime only cafe and takeaway serving an easily prepared traditional home cooked menu which proves very popular with new and existing clientele. The majority of trade relates to ‘eat in’, with menu lines comprising of breakfasts, salads, jacket potatoes, toasties, sandwiches, items from the grill and home cooked specials. A range of cakes and desserts are also available together with hot and cold soft drinks. The business is extremely well established and consequently benefits from an excellent following with strong levels of regular repeat year round trade. The business has a prominent trading position but does not currently have a website and no advertising or marketing of the business is undertaken.

This highly profitable business is for sale on a leasehold basis, for All Offers Considered On £50,000. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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Thanks for your assistance and perseverance during the sale of the cafe

Jim Hannan - Previous owner Cafe at 36, Exeter