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SOLD: The Cosy Teapot, Budleigh Salterton, Devon

SOLD: The Cosy Teapot, Budleigh Salterton, Devon - 12th November 2018

WELL ESTABLISHED TRADITIONAL TEA ROOMS IN HIGHLY SOUGHT AFTER EAST DEVON COASTAL TOWN

THE COSY TEAPOT, 13 FORE STREET, BUDLEIGH SALTERTON, DEVON, EX9 6NH

Property specialists Stonesmith are delighted to have sold The Cosy Teapot, a thriving and well-regarded traditional tea rooms and tea garden. The business occupies a prominent trading position, close to the seafront, in the main street of the popular and attractive East Devon resort of Budleigh Salterton. This extremely affluent town is situated on the Jurassic Coast in an area officially designated as a World Heritage Site by UNESCO. The business occupies a delightful brookside setting just 100m from the main beach within the town centre. Budleigh Salterton is a popular coastal resort town situated in an area much renowned for its picturesque countryside, coves and beaches.

The ground floor lockup premises, occupying a prominent trading position, briefly comprise of a main Tea Room seating area comfortably seating 26 customers (with space for more if required), and the Brookside Trade Terrace to the front which provides al fresco seating for a further 18 customers.

New owner, Anthony Bird, commented: “Deborah and I are pleased to have acquired The Cosy Teapot and to join the business community in Budleigh Salterton. We look forward to welcoming customers old and new. The business will remain open during the winter months - we plan to introduce some new dishes to complement the existing menu and to carry on the tradition of serving quality meals at a competitive price.”

Mike Phillips, Director of selling agents Stonesmith said: “The sale of The Cosy Teapot generated significant levels of interest and we were able to swiftly agree terms with Anthony and Deborah. We wish them every success with their new venture.”

The leasehold business was sold off an asking price of £99,950. Full details of our current properties are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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