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Marcellos, Topsham

£80,000

Marcellos, Topsham

£80,000
  • Ref: PAD1000307
  • Type: Commercial
  • Availability: For Sale
  • Tenure: Leasehold
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Property Features

  • Established Restaurant in Topsham
  • Ideal Business Opportunity
  • Superb Location
  • Business Expansion Posibilities

Property Summary

WELL KNOWN ITALIAN RESTAURANT AVAILABLE IN THE HEART OF BEAUTIFUL TOPSHAM.

Building from 1800 century, beautiful and historic. The vestry room! This building used to belong to the church across the road.

Situated in an idealist Devon village on the estuary. Extraordinarily strong community and support with local residents.

The restaurant is presented on 2 floors. Downstairs kitchen with 28 covers restaurant and bar. Upstairs a cosy soft seating rattan area up to 30 covers. Dry store and bin area upstairs.

It has been run by the same owner since 2009, and recently completely refurbish (electrical/roof/decorations).

All materials are new and has been reopen since April after lockdown.

Currently used has an Italian restaurant but has much more to offer.

Leasehold Rent: £24,604 per annum

Lease Terms: Renewable leasehold in 2028.

Location: Placed on the Main Street, and very well-known restaurant through Topsham and Exeter. Just across the estuary, incredibly beautiful little town.

BUSINESS OPERATION

Competition / Market: This is the only Italian in Topsham, no competition.

Reasons for selling: We have decided to sell due to family needs.

Trading hours: Operating Tuesday to Saturday from 6pm. Sunday and Monday closed.

Employees: 3

Years established: 2009

Support & training: Can stay one or two weeks to help settle down.

Full Details

Downstairs

Downstairs

Downstairs

Downstairs

Bar area

Stairs

Upstairs

Upstairs

Toilets

Kitchen

Kitchen

Kitchen