Mor-T-Eat Mortehoe Devon EX34 7DS

 
 
 

Property information

Status: For Sale
Price: £315,000
Tenure: Freehold

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This is a great and profitable catering business with 3 bedroom which will interest those purchasers looking to work on a seasonal basis only, taking 6 months a year off to relax/holiday - even during the seasonal opening period ( easter till October half term) the business only opens 5 hours a day ! ( from 5pm - 10pm) That said, quite obviously new owners may decide to open @ lunchtimes in the summer season and offer some opening times in the out of season period for " locals."

The current owner operate the business single handed and chooses to trade below the VAT ( to avoid increased running responsabilities ) but still retains NET PROFITS excess £25,000 from sales of circa £65,000 having also lived out of the business.She buys in pre- prepared chips and fish for ease of running and thus GROSS PROFIT could be en-hanced (currently 62% which is below the industry norm) if prepared on site.The business would ideally suit a couple running it together which would reduce the need for hardly any staff, especially if the owners family were all involved.The business has traded successfully for over 20 years, our clients having owned it for 5.Personal circumstances have now encouraged her to sell.

As well as a fully equipped take - away there is an excellent 3 bedroom maisonette with some rooms enjoying glimpses of the sea and National Trust owned coastline.There is also a charming "secret garden" situated 100 metres from the property.

The business is located in an area of Outstanding Natural Beauty - Mortehoe is a delightful coastal village with a number of character cottages and village houses set around " The Square" with three pubs, a Post Office,Corner Shop (open all year round),and a couple of restaurants/cafes.The atmosphere of the village will,we feel,immediately appeal.

Would be owners of this business need not worry if they are not experienced in the fried fish trade.a three day course throough the National Federation of Fish Fryers provides complete training, both on frying itself and also wider aspects of running a business.

We would strongly reccommend an early inspection of this super seasonal catering buisness and comfortable home is is high popular coastal village in North Devon.


Viewing

For an appointment to view please contact:

Dean Warmington
Tel: 01271 378731
Email: dean@underwoodwarmington.com
Mobile: 07971830881


Property reference number

Reference: DW593
 

Important notice

These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.

Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.

The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.

Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.

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Contact Information

Underwood Warmington
Suite Four 
Bridge Chambers Business Centre 
Barnstaple 
Devon 
EX31 1HB

t: 01271 378731
e: info@underwoodwarmington.com

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